Botswana slips 11 notches in doing business rankings
Thursday, November 02, 2017
The Doing Business report captures several important dimensions of the regulatory environment as it applies to local firms while providing quantitative indicators on regulation. The regulation indicators range from starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures features of the labour market regulation.
Botswana’s fall in rankings comes despite the country making two significant reforms, which made doing business easier in the year, suggesting that other countries could have implemented more and better reforms in the period under review.
The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...