Mmegi

The trek towards an export-led economy

The wheels of trade: South Africa is Botswana’s biggest trading partner, but local policymakers are looking further afield for deals PIC: MBONGENI MGUNI
The wheels of trade: South Africa is Botswana’s biggest trading partner, but local policymakers are looking further afield for deals PIC: MBONGENI MGUNI

The Arab Bank for Economic Development in Africa has released its inaugural report on export competitiveness in Africa, highlighting Botswana’s well-known challenges: fantastic policy but structural challenges. MBONGENI MGUNI writes

Evolving into a diversified export-led economy is top of the government’s transformational agenda, holding the promise of the sustainable, diversified and knowledge-driven growth required to reach the high income status dream.

It’s the path that led the Asian tigers from their agrarian foundations to becoming some of the titans of global industry, finance and innovation today.

Editor's Comment
Don't let FMD outbreak drag on

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...

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