"A Knowledge-Based Economy", What Is My Role?
Monday, December 03, 2018
The country ranked third in sub-Saharan Africa on the UNDP Human Development Index in 2015, third in the Mo Ibrahim Index of Africa Governance in 2014, 28th out of 168 countries globally on the Transparency International Corruption Perceptions Index in 2015 and 41st out of 180 on freedom of the media in 2014 (Vision 2036, page 8).
However, Botswana has maintained the status of a middle-income country for some time. Although the statistics are a good evidence of an economically balanced nation, signs of stagnation in this status are ostensible. We now need to deliberately put in measures which can help us move ahead. Fate alone won’t give us a high-income economy. Consciously competent human resource is the key force that can get us a diversified Knowledge Based Economy.
The Francistown Umbrella Informal Sector chairperson, David Mbulawa, has highlighted this growing concern, revealing that many local traders are using their licences to facilitate the entry of foreign goods into the market at a fee.Fronting undermines the very fabric of our local economy. It allows foreign traders to exploit the system designed to benefit Batswana, using local licences to cross borders and sell goods at prices intended for local...