Mmegi

Who failed Botswana — The technocrats or the system?

Demanding change: Boko recently challenged accounting officers to change their operational paradigms PIC: PHATSIMO KAPENG
Demanding change: Boko recently challenged accounting officers to change their operational paradigms PIC: PHATSIMO KAPENG

With emptying coffers, a bloated public sector, and an undiversified economy, Botswana finds itself at an economic crossroads. Despite decades of relative prosperity, the nation appears to have squandered its moment in the sun. The question now is where the blame truly lies: with the technocrats who have implemented policy, or with the economic system itself? TIMOTHY LEWANIKA writes

There is a Maasai proverb that says, “Don’t let the belly make you useless.”

Given the current economic crunch, one might wonder if Botswana grew drowsy from a prolonged diamond feast. For years, the country enjoyed consistent economic growth powered by its mineral wealth. But now, as the diamond windfall wanes and debt piles up, the reality of an underprepared economy has come crashing in. It seems Botswana is waking up — only to find itself in freefall, with no recovery in sight.

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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