BITC advances SEZs formation
Wednesday, May 18, 2016
At an open session of the Botswana Exporters and Manufacturers Association (BEMA) annual general meeting last week in Gaborone, BITC chief executive, Letsebe Sejoe stated that the SEZ programme is highly complicated.
“We are in the process of signing a contract with an international expert who will provide technical support to ensure the successful implementation of the highly complex SEZ programme,” he said.
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...