Private sector urged to take lead
Thursday, September 17, 2015
Speaking at the Business Botswana annual general meeting on Tuesday, the minister of Trade and Industry, Vincent Seretse stated that it was the responsibility of the private sector to play an entrepreneurial role in the economy.
“It is for this reason that I urge and encourage you as the private sector to effectively play your leading role in diversifying the economy,” 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...