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.
The Francistown Umbrella Informal Sector chairperson, David Mbulawa, has highlighted this growing concern, revealing that many local traders are using their licences to facilitate the entry of foreign goods into the market at a fee.Fronting undermines the very fabric of our local economy. It allows foreign traders to exploit the system designed to benefit Batswana, using local licences to cross borders and sell goods at prices intended for local...