• Banks in P90.79 billion household debtSeptember 13, 2025
    -           P39 billion of the credit is unsecure -           UK research firm forecasts escalating credit in the household sector RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights STAFF WRITER The household… Read more: Banks in P90.79 billion household debt
  • π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll inSeptember 13, 2025
    This morning (12.09.25), the Botswana Investment and Trade Centre (BITC) hosted the Hemp Innovations Europe (HIE) AB Memorandum of Understanding Handshake Ceremony. The MOU signing is in partnership with The Office of the President, Botswana University of Agriculture and… Read more: π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in
  • Basarwa demand equal rightsSeptember 13, 2025
    KITSO RAMONO editors@thepatriot.co.bw RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights   The Basarwa community has called on government to grant them full recognition under Botswana’s laws, insisting that they deserve… Read more: Basarwa demand equal rights
  • Bank of Botswana Celebrate 50 YearsSeptember 13, 2025
    Unveils new P50 banknote in commemoration   GORATAONE KGOSIMORE RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights editors@thepatriot.co.bw   Botswana’s central bank, the Bank of Botswana celebrated 50 years of existence,… Read more: Bank of Botswana Celebrate 50 Years
  • UDC in BDP deep stateSeptember 13, 2025
    Boko's wounded healer strategy recycles BDP cronies into govt Pilane's CoA appointment re-opens old wounds BDP denies ever politicizing public service   BAKANG TIRO RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal… Read more: UDC in BDP deep state
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Thursday, September 18, 2025
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

Botswana lags behind on competitiveness

patriot by patriot
November 20, 2020
in Business
0

Captains of industry, financial and legal specialists descended on Gaborone this week for the 2nd annual Botswana Insurance Holdings Limited (BIHL) Global Financial Summit.

Held under the theme β€œShaping an Inclusive and Sustainable Economy through creating meaningful Dialogue’’, the summit highlighted Botswana’s slow pace in global effectiveness.

RelatedPosts

Banks in P90.79 billion household debt

π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in

Bank of Botswana Celebrate 50 Years

Botswana aiming to be a potential investment hub in the financial service industry still needs to improve its ranking in the global index score, said FNBB Chief Economist Moatlhodi Sebabole.

Sebabole said the country boosts high prospects of growth and investment opportunities but, said the continuous decline in ranking of the country in business global index is very worrying.

Botswana ranked number 56 out of 140 countries in 2009, 85 in 2017 and 90 in 2018.

β€œThe channels that need to be explored for enhancing competition are in areas harnessing quality and thrive to be competitive. Botswana as part of Africa at large needs to invest more in power and technology to smoothen effective financial sector that is digital,” Sebabole echoed.

Rapelang Rabana, founder of Rekindle Learning, bemoaned that the Global Entrepreneurship Index has shown that Botswana lags competitiveness in critical entrepreneurship aspects.

Some of the concerns she raised as illustrated by Botswana’s lack of competitiveness included lack of business startup skills which is a key aspect of growth as Botswana is graded at 27%.

She recognised that Botswana’s markets are highly fragmented as there are still low on technology absorption with index score card rate of 27% in the recent report.

β€œThe world is moving into digitalisation of the business environment but, it is still a cause for concern for Botswana to be still behind with regards to coming up with innovative products. However, it is motivating for the country to have taken ease of doing business reforms,” she said.

From the legal perspective, Justice Professor Key Dingake said it was important for the financial sector to be appropriately regulated and licensed arguing that local laws are behind schedule.

Professor Dingake said the financial services sector’s contribution to unlocking the economic development value chain cannot be effective if the regulatory policies are still archaic.

β€œReforming the financial system regulatory legislations to make them relevant to these modern times of financial technologies is important. Let our laws be in line with the new technological developments to create a vibrant or effective financial system that it is digital led for us to compete, ’he said. 

Justice Professor Dingake, who is currently serving at Supreme and National Courts of Papua New Guinea, lobbied for legislative changes in the country’s banking sector to close the gaps.

He hailed BIHL Group for introducing the financial summit platform, indicating that it will play crucial role in promoting financial literacy as well as to act as forum for policy change.

BIHL Group CEO, Catherine Lesetedi, revealed that the Financial Summit is meant to help in driving economic sustainability through promoting the financial sector that is competitive.

β€œIt is upon us the private sector in the financial service to take leading role in improving our economic ecosystem through diversification. Financial service is the way to unlocking growth and the example of M-Pesa in Kenya gives us motivation to prioritise the sector,” said Lesetedi.

Tags: Botswana
Previous Post

BIH USES HACKATHON TO DRIVE DIGITAL TRANSFORMATION

Next Post

How Masisi outsmarted Khama

Related Posts

Banks in P90.79 billion household debt
Business

Banks in P90.79 billion household debt

September 13, 2025
π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in
Business

π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in

September 13, 2025
Bank of Botswana Celebrate 50 Years
Business

Bank of Botswana Celebrate 50 Years

September 13, 2025
BSB leads Africa’s banking revolutionΒ 
Business

BSB leads Africa’s banking revolutionΒ 

September 9, 2025
RMB hosts CEOs Roundtable on Renewable Energy
Business

RMB hosts CEOs Roundtable on Renewable Energy

September 4, 2025
BIHL withstands tough times
Business

BIHL withstands tough times

September 4, 2025
Next Post
How Masisi outsmarted Khama

How Masisi outsmarted Khama

Please login to join discussion
  • Banks in P90.79 billion household debtSeptember 13, 2025
    -           P39 billion of the credit is unsecure -           UK research firm forecasts escalating credit in the household sector RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights STAFF WRITER The household… Read more: Banks in P90.79 billion household debt
  • π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll inSeptember 13, 2025
    This morning (12.09.25), the Botswana Investment and Trade Centre (BITC) hosted the Hemp Innovations Europe (HIE) AB Memorandum of Understanding Handshake Ceremony. The MOU signing is in partnership with The Office of the President, Botswana University of Agriculture and… Read more: π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in
  • Basarwa demand equal rightsSeptember 13, 2025
    KITSO RAMONO editors@thepatriot.co.bw RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights   The Basarwa community has called on government to grant them full recognition under Botswana’s laws, insisting that they deserve… Read more: Basarwa demand equal rights
  • Bank of Botswana Celebrate 50 YearsSeptember 13, 2025
    Unveils new P50 banknote in commemoration   GORATAONE KGOSIMORE RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights editors@thepatriot.co.bw   Botswana’s central bank, the Bank of Botswana celebrated 50 years of existence,… Read more: Bank of Botswana Celebrate 50 Years
  • UDC in BDP deep stateSeptember 13, 2025
    Boko's wounded healer strategy recycles BDP cronies into govt Pilane's CoA appointment re-opens old wounds BDP denies ever politicizing public service   BAKANG TIRO RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal… Read more: UDC in BDP deep state
The Patriot On Sunday

Β© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

Β© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?