Reforms key to unlocking manufacturing industry growth

Stifled: The manufacturing industry has been stagnant for many years
Stifled: The manufacturing industry has been stagnant for many years

The Principal industrial officer in the Ministry of Trade and Industry, Barry Mabena says administrative and regulatory barriers should be removed if there is to be growth in the manufacturing sector.

The sector is said to be the vehicle towards rapid sustainable economic growth.

Speaking at a Human Resource Development Council (HRDC) workshop held to establish manufacturing sector committees, Mabena said there is need for the introduction of a globally competitive regulatory framework and improvement of government bureaucratic processes.

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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