https://en.sputniknews.africa/20250319/botswanas-president-calls-for-economic-social-transformation-to-address-unemployment-inequality-1071162949.html
Botswana's President Calls for Economic, Social Transformation to Address Unemployment, Inequality
Botswana's President Calls for Economic, Social Transformation to Address Unemployment, Inequality
Sputnik Africa
Botswana's president criticized outdated institutions, practices, and behaviors that no longer serve a useful purpose but are clung to due to "institutional... 19.03.2025, Sputnik Africa
2025-03-19T14:23+0100
2025-03-19T14:23+0100
2025-03-20T16:15+0100
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Botswana's President Duma Boko called on the nation for economic and social transformation to address unemployment and wealth inequality, speaking at a high-level Business Engagement Forum in Gaborone on Tuesday.Despite some economic growth, Botswana has experienced "jobless growth," leaving many citizens marginalized and living in poverty, Boko stated, emphasizing the need to "democratize wealth" and create "decent jobs."While describing poverty as a violation of human rights, the president also noted that Botswana faces extreme levels of income inequality.
https://en.sputniknews.africa/20250309/botswana-develops-strategy-for-economic-diversification-continental-trade-growth-under-afcfta-1071005907.html
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botswana, southern africa, inequality, unemployment, employment, youth, duma boko
botswana, southern africa, inequality, unemployment, employment, youth, duma boko
Botswana's President Calls for Economic, Social Transformation to Address Unemployment, Inequality
14:23 19.03.2025 (Updated: 16:15 20.03.2025) Elizaveta Roschina
Writer/Editor
Botswana's president criticized outdated institutions, practices, and behaviors that no longer serve a useful purpose but are clung to due to "institutional fetishism" and urged reimagining society and the economy in the modern age, advocating for creativity and bold thinking, going beyond formulaic or modular solutions.
Botswana's President Duma Boko called on the nation for economic and social transformation to address unemployment and wealth inequality, speaking at a high-level Business Engagement Forum in Gaborone on Tuesday.
"We are wrestling with massive unemployment across the breadth and dimensions of our country, particularly youth unemployment. We are talking about the unemployment of young people," Duma Boko stated.
Despite some
economic growth, Botswana has experienced "jobless growth," leaving many citizens marginalized and living in poverty, Boko stated, emphasizing the need to "democratize wealth" and create "decent jobs."
"We must take full responsibility. We are guilty as charged. And we're here to openly acknowledge these faults, these foibles, these shortcomings. So that we begin to identify those creatures of flesh and blood that are languishing at the margins of the economy. They are crying out for jobs, for a decent job. Not just a job, a decent job," he explained.
While describing poverty as a violation of human rights, the president also noted that Botswana faces extreme levels of income inequality.
"We have a huge responsibility. We are wrestling with the reality of an economy that is unequal, presenting astounding levels of income and wealth inequality. We rank among the most unequal in the whole world," he pointed out, adding that there is "painfully little justification" for such a situation.