BB calls for extension of development programme

Moatshe
Moatshe

The chief executive officer of Business Botswana (BB), Racious Moatshe has called for the extension of the Private Sector Development Programme (PSDP) that was officially completed last week.

He said BB as the implementing agency is of the view that the implementation of the programme, which started in 2013, is short and that it should be a long-term programme.

“For any change of attitude and behaviour in the way SMMEs run their enterprises, there is need for multiple and repeated interventions,” he said. He said the programme capacitated 130 enterprises, which he said is only a fraction of enterprises in Botswana, which is too low to make a major impact in the economy.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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