Trade policy holds and the 'economic transformation' question

New broom: Matsheka delivering the budget speech on Monday PIC: KENNEDY RAMOKONE
New broom: Matsheka delivering the budget speech on Monday PIC: KENNEDY RAMOKONE

One of the more repeated sound-bites and catchphrases from Minister Thapelo Matsheka’s budget speech this week was ‘transformation’ and the ‘transformation agenda’ with regards to Botswana’s economy.

The fundamental question from Dr. Matsheka’s maiden delivery is: What will it take to truly transform the economy, and does the budget demonstrate that appetite? If we judge the budget entirely on the resource allocation and reallocation metric, the verdict is wobbly.  

Dr. Matsheka’s speech was true to form in terms of following the template of government constructed budgets. It was also a gloriously painted picture of positive rhetoric dashed with a serious expression of concern for state-owned enterprises and their inefficiencies.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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