Mmegi

BSE chief positive that privatisation can transform Botswana’s economy

Seeking solutions: Bolokwe
Seeking solutions: Bolokwe

According to the Bank of Botswana, Botswana’s economy has to grow by 6.7% to escape the middle income trap, achieve a high income status and realise the aspirations of Vision 2036 – Towards Prosperity for All.

However, the current economic projections point to growth of no more than one percent. Amid the prevailing fiscal pressures, thought leaders concede that it is more vital now than ever before to spur private sector growth in order to transform and diversify the economy, and position it for faster growth.

At the just ended 17th National Business Council, held in Francistown from 26 – 28 August, thought leaders gathered to come up with resolutions that could transform Botswana’s economy, under the theme “Invigorating Economic Transformation through Private Sector Growth”.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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