Botswana jumps up competitiveness rankings

Capital city Gaborone PIC. THALEFANG CHARLES
Capital city Gaborone PIC. THALEFANG CHARLES

Botswana has registered significant improvement in most aspects of competitiveness, surpassing regional peers such as Namibia and Kenya.

However, the country still lags behind when compared to South Africa and Mauritius.

In the recently released 2017 Global Competitiveness Index (GCI) of the World Economic Forum (WEF), Botswana is ranked 64th out of 138 countries. This marks an improvement of eight positions, relative to the previous report.

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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