Businesses ill-informed about EU trade prospects � envoy
Tuesday, April 12, 2016
He said he was surprised and disappointed when he arrived in Botswana 18 months ago to discover that there was lack of interest and lack of awareness about the EU.
“When I came here to talk about trade and interact with the trading community and administration, I was shocked. What we heard was about the wonderful opportunities with China and the US,” he said. Taylor indicated that he arrived in Botswana at the right time to talk about the basis for better trade to the EU in Botswana.
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...