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
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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