Boko`s quest to end blanket subsidies
Friday, November 14, 2025 | 140 Views |
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Delivering his State of the Nation Address (SONA) this week, President Duma Boko stood on a different ground from his predecessors. Those who occupied the first office before him stood on the confidence of booming government accounts, a surging diamond industry that allowed them to dream, implement, and dream again.
With national accounts at record lows, unemployment at record highs, the President had to make an admission that his predecessors afforded to brushed off. The government cannot keep up with its high subsidy financial costs.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...