Diamond chief explains why Botswana is privatising

He said after the failure to get FDI, government decided to embark on a public sector reform to change the economic development strategy from state-led to private sector-led. Majaye said the reform has to be achieved through various forms of privatisation.

"The question is not whether privatisation should or should not be but the approach is to assess the merits and demerits of privatisation and labour on the strategies it should take within the framework of the globalisation agenda and Botswana's socio-economic development goals."