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PPP can bolster economy, reduce unemployment – Botlhole

patriot by patriot
July 22, 2021
in Business
235 17
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PPP can bolster economy, reduce unemployment – Botlhole

PPC Botswana Head of Business Unit Tuelo Botlhole

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PPC Botswana Head of Business Unit Tuelo Botlhole believes that a partnership between the private and sector can revive and create employment amidst current economic uncertainty and social challenges. He highlighted that the policy makers can prioritize local entities for national projects and in return the private sector increases employment and net growth.

The rate of unemployment has always been a cause of concern in Botswana even before the onset of the COVID- 19 pandemic which has exacerbated the situation.

“It’s time we as the industry captains came together to map a way of how we can solve this unemployment issue which has been building up for years and now it has heightened especially due to COVID- 19. What we can do as the private sector is to come up with packages and insights that would enable the creation of employment across industries. At the same time the government can create policies that will stop a number of imports and product dumping so that we produce various goods locally,” explained Botlhole.

He pointed out how indigenization plays a critical role in creation and driving economic viability. The private sector players should make it a priority to work closely with local suppliers on every level of production as it will create down- stream beneficiation.

Botlhole urged policymakers to be strict in regulating such initiatives because indigenization plays a critical role in the development of the country’s economy. He gave an example of how PPC Botswana has engaged with the local truck association by giving them transport and logistic jobs to members of the association. Over the years PPC Botswana has empowered a number of local community projects across the country, giving them a boost to be fully operational businesses that have created employment in their communities.

“In our industry local cement manufacturers are looking towards to maximizing local raw materials such as fly ash from Morupule, to improve value chain. If imported cement is cut off, we will see a huge increase of employment. This model is a is a partnership which works- Public-Private Partnership (PPP).

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  • Killings of journalists up 50% in 2022, half targeted off duty    January 25, 2023
    Eighty-six journalists and media workers were killed around the world in 2022 – one every four days, according to UNESCO data, highlighting the grave risks and vulnerabilities that journalists continue to face in the course of their work.   […]
  • Judge Tau; please don’t stifle public scrutiny of the Court of AppealJanuary 25, 2023
    Her utterances are misplaced and must be condemned with the contempt it deserves ADAM PHETLHE The Patriot on Sunday dated 15 January 2022 carried an article titled ‘Judge Tau defends CoA Integrity’, with sub-headings “Complains of discrediting reckless statements; […]
  • Miss Botswana 2022 is the Face of KGK DiamondsJanuary 19, 2023
    Its been an exciting first week back to her MBW duties and we kick off the year with an official announcement that Our Queen is The face of KGK Diamonds. Lesego Chombo alongside Nigel Amos was the show stopper […]
  • Executives to watch in 2023January 19, 2023
    A year is often too short to demonstrate your worth, yet that’s exactly what the newly appointed Chief Executive Officers (CEOs) have to do to show that they deserve their enviable roles. PATRIOT BUSINESS looks at CEOs who shall […]
  • BLP TEST AP/BCP UNITY TALKSJanuary 19, 2023
    BAKANG TIRO editors@thepatriot.co.bw The new entrant in the cooperation talks between Alliance for Progressives (AP) and Botswana Congress Party (BCP) – Botswana Labour Party (BLP) has thrown spanner in the works by demanding that both AP and BCP yield […]
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