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
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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