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
DIS must correct costly stalemate

More than P8.1 million has already been spent, yet there appears to be no lasting solution in sight. This is not simply a dispute between the DIS and a group of officers. It is a matter of public accountability. Every pula spent by government comes from taxpayers who expect public funds to be used wisely and responsibly, especially during economic hardships faced by many.The officers exercised their constitutional right to seek justice through...

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