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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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