Private sector urged to take lead

Seretse
Seretse

The private sector should take the lead in the development of globally competitive industries.

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.

Editor's Comment
Time to end informal sector fronting

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...

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