Neolithik Designs

The World Bank recommends a range of horizontal policies. However, Jefferis and Loubser argue that this model of reform remains inadequate, particularly its reliance on broad, economy-wide measures as the primary tool for transformation.

The World Bank’s current diagnosis, according to Jefferis and Loubser, is rooted in the “middle-income trap” framework. This view holds that the trap emerges when wage growth outpaces productivity gains, leaving economies like Botswana uncompetitive in labour-intensive production—historically their growth engine—while lacking the productive capacity to compete in advanced sectors.

FOR A DETAILED READ, VISIT: https://businessweekly.co.bw/news/botswana-followed-the-world-bank-playbook-why-is-it-not-working

The Local Enterprise Authority (LEA) is undertaking a consultative process on the proposed Mandatory Registration for Small, Medium and Micro Enterprises (SMMEs) in Botswana.

SMMEs as key stakeholders and beneficiaries in SMME development and in shaping an SMME development ecosystem that is effective and supportive of Botswana’s national economic development agenda, are cordially invited to provide their views and input on the proposed development.

The Authority invites SMMEs in Lentsweletau, Thamaga, Letlhakeng and surrounding areas to participate in a Consultative Meeting as per below schedule:

WHAT HAPPENED ON THIS DAY IN HISTORY💡

On this day 10 March in 1994,Lucas Mangope leaves Mmabatho due to uprising.

His Majesty, Kgosi Lucas Manyane Mangope👑, the leader of the then apartheid homeland Bophuthatswana, retreated from the capital, Mmabatho, in the face of a popular uprising after he had tried to boycott participation in South Africa's first democratic elections. Mangope rejected the South African Independent Electoral Commission's pleas for free political activity in Bophuthatswana, a member of the anti-election Freedom Alliance.

His stance caused widespread demonstrations in which 40 people were shot and wounded by local police. A public servants' strike was also called.

Mangope dismissed the staff of the Bophuthatswana Broadcasting Corporation, shutting down 3 radio and 2 television stations. He then sought armed support from the Afrikaner Weerstandsbeweging (AWB) to quell the uprising.

This prompted the intervention of the South African Defence Force (SADF), leading to Mangope's forceful removal from office.