The manufacturing industry: An integral cogwheel in Botswana’s future
Friday, August 02, 2024 | 3370 Views |
Coming up: The country’s manufacturing sector has been growing in fits and starts over the years PIC: PHATSIMO KAPENG
According to the World Bank, Botswana's manufacturing sector contributed approximately 5.6% to the country's GDP in 2023 and remains modest due to a limited domestic market and heavy reliance on imported supplies. The Botswana government has however implemented several initiatives to stimulate growth in manufacturing sector and enhance competitiveness.
The Industrialization policy coupled with the Economic Diversification Drive focus on diversifying the economy away from mining dependence and includes measures to support the manufacturing sector. There are various training and capacity building interventions such as the Technical and Vocational Education and Training (TVET) curriculum, which supports many an Industry including manufacturing.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...