Botswana ranked 90th in global competitiveness

The authoritative Global Competitiveness Report now ranks Botswana 90 out of 140 countries for competitiveness, but authorities say there is no reason for panic.

While technically, the ranking released by the World Economic Forum researchers on Wednesday is the country’s worst since the reports began in 2006, Botswana National Productivity Centre (BNPC) executive director, Baeti Molake told Mmegi that there were a lot of factors to be taken into consideration.

Regionally, Botswana was ranked fourth in sub-Saharan Africa, after Mauritius, South Africa and the Seychelles. The Global Competitiveness Report (GCR) uses research and sample surveys to establish countries’ rankings across institutions, policies, and factors that gauge their levels of sustainable economic prosperity. While the annual report and its rankings are highly prized by governments and policymakers, it is also keenly anticipated by investors who use it as a decision-making tool. Locally, the BNPC is the lead agency for the GCR’s implementation and dissemination.

Editor's Comment
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