Efforts to increase trade along TKC intensify

Mosigi says Botswana needs to be connected to the sea
Mosigi says Botswana needs to be connected to the sea

Efforts to establish ways of opening up trade along the Trans Kalahari Corridor (TKC) were intensified last week with regional integration stakeholders working towards the synchronisation of policies amongst the countries involved.

The TKC, a road network spanning approximately 1,900 kilometres across the territories of Botswana, Namibia and South Africa, could unlock great commerce and trade opportunities to the three economies in the area of tourism, transport and logistics sectors.

Through its secretariat, the TKC seeks to contribute towards deeper regional integration programmes of the Southern African Development Community (SADC), Southern African Customs Union (SACU) and the New Partnership for Africa’s Development (NEPAD).

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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