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
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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