Trade policy holds and the 'economic transformation' question
Friday, February 07, 2020
New broom: Matsheka delivering the budget speech on Monday PIC: KENNEDY RAMOKONE
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.
Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...