BB vows to implement NBC resolutions
Friday, August 30, 2024 | 50 Views |
The president of BB Neo Nwako made the remarks at the 17th edition of the NBC, which ended here this week. The conference which was themed 'Invigorating Economic Transformation through the Private Sector', attracted 500 participants from across the country, region, and internationally.
The NBC is the brainchild of BB, the premier organisation representing businesses in the country. For years there have been concerns that NBC is a mere talk shop and resolutions taken at events are never fully implemented. The NBC was set up to provide the private sector, government, and other stakeholders with a platform to have dynamic engagements on how the country can improve its economy and doing business environment.
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...