Mmegi

The market’s view of the BETP

Charting the path: Gaolathe and his lieutenants are marshalling the economy towards the True North
Charting the path: Gaolathe and his lieutenants are marshalling the economy towards the True North

Pension fund assets are on track to top P180bn this year. Thus far, little appears to have been committed to the BETP, government’s 10-year flagship economic transformation programme. Asset managers and fiscal authorities are weighing returns, risk and national development. MBONGENI MGUNI writes

Vice President, Ndaba Gaolathe, stresses that prudential guardrails will not be lowered.

As Finance Minister, he has a bird’s eye view of the billions of pula in capital held by sectors such as the pension funds and insurers. He also has an eye on the True North, a policy direction underpinned by the Botswana Economic Transformation Programme (BETP).

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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