Mmegi

To whom Is Botswana’s capital beholden?

Bean counters: The Ministry of Finance's headquarters in Gaborone
Bean counters: The Ministry of Finance's headquarters in Gaborone

In Botswana, the means of production mirror a zero-sum game: little incentive for the private sector to drive diversification and billions drained from the public purse through budgetary inefficiencies.

In a world where capital is either the servant of the wealthy or the master of the poor, who really benefits from Botswana’s capital? TIMOTHY LEWANIKA writes

Capital is a highly contested ideology, dating back to the conflicting theorems posited by Karl Marx and Adam Smith. The two sides of the capital ideology coin have shaped how countries forge developmental paths. For one side of the aisle, the means of production should be controlled by the State for equal distribution while the antagonists believe private capital should control the means of production and profit should be a reward to labour and effort.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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