SEZA inks deal with local authorities
Monday, October 17, 2022 | 300 Views |
The agreements cemented SEZA’s relations with the councils, which are widely recognised as key agents of change that can bring services closer to the people, enhance administrative expediency, and foster citizen economic development.
In recognition of their mutually inclusive functions and intertwined mandates, SEZA and local authorities set up the Mayors' Forum as a nexus for the cross-pollination of ideas to deliver meaningful and impactful developments for the national economy.
SEZA CEO, Lonely Mogara said the key focus areas for the Mayors' Forum will include referral and facilitation of investors for establishment in the different localities; issuance of permits and licenses; infrastructure development as well as joint monitoring and evaluation of the SEZ projects.
“The Mayors’ Forum is therefore an ideal platform that will enhance collaboration and facilitate the free flow of information between SEZA and local authorities; the culmination of which will be employment creation and economic development,” Mogara said.
One of the major reasons why SEZA was formed was to improve the ease of doing business and make Botswana an investment destination of choice. This was borne out of concerns about bureaucracy and red tape, which were identified as great impediments to doing business in Botswana," he said.
Further, the CEO said the key function of local authorities is intertwined with SEZA’s mandate of establishing, developing, managing, and regulating SEZs.
He further expressed confidence that the Mayors’ Forum is an ideal platform to enhance the free flow of information between SEZA and local authorities.
"It is our firm belief that ring-fencing SEZ Reforms at the local government level will ensure easier implementation and bring about much-needed transformation in the areas where our SEZs are located,” 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...