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Keorapetse trashes Serame’s unemployment feat

Keorapetse PIC: KENNEDY RAMOKONE
Keorapetse PIC: KENNEDY RAMOKONE

While Finance Minister Peggy Serame says it is encouraging that the unemployment rate is moving in the right direction from 26% to 25.4%, Leader of Opposition (LoO) Dithapelo Keorapetse does not agree with the position.

Serame, in her 2023 budget speech this week, said she was pleased to note that preliminary data released by Statistics Botswana in January 2023, indicate that unemployment declined slightly to 25.4% in the fourth quarter of 2022.

“We saw a small decline in unemployment, falling from the post-Covid peak of 26.0% in 2021 to 25.4% in the fourth quarter of 2022. On the economic front, we have made insufficient progress in the critical task of diversifying exports, while unemployment remains relatively high.

Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

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...

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