Botswana behind in ease of doing business
Botswana has been challenged to improve easy of doing business for the country to remain competitive amongst its peers. The Director of Investor Facilitation and Relations at Special Economic Zones Authority’s (SEZA), Neo Mahube recently told delegates at the two- day investment symposium dubbed Doing Business in Botswana, Transitioning Botswana that the country needs to be globally competitive.“The world is growing better than we are, there is something that we are not doing right, despite our political stability and sound economic policies,” said Mahube. Currently, Botswana lags behind Mauritius, Zambia, Kenya, South Africa on the ease of doing business, according to the latest World Bank’s Ease of Doing Business report. Mahube said bottlenecks that investors and local startups face to register a business should be resolved. “We need to transform the way we are doing business, if we are to bring businesses to Botswana,” said Mahube, adding that the country needs to be as efficient as possible to start a business, apart from improving credit efficiency. She however applauded government for legislation amendment initiatives that have already been put in place ahead of the transformation journey. Mahube said through transforming the ease of doing business the country has potential to create employment.