Botswana’s transport, logistics sector’s preparedness for the AfCFTA
Sunday, August 28, 2022 | 840 Views |
Into Africa: The transport and logistics sector is key in the optimisation of AfCFTA’s benefits PIC: MORERI SEJAKGOMO
Regional Free Trade Areas (FTAs) are welcomed innovative initiatives that entice all sectors of the economy. This is caused by the perception or the anticipation of better business opportunities brought about by access to bigger markets.
Industries often ululate whenever new agreements on trade facilitation and regional integration are signed. Although it was well noted that there will be challenges in the implementation of the currently signed AfCFTA, one can assume that these challenges are not unique to the AfCFTA but cut across implementation of most Regional FTA agreements.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...