Tag: Import Substitution

12 months into the Covid-19 pandemic, which has proved to be the worst health and economic crisis of the last 100 years, we look on and try and find the lessons and silver linings from the past 12 months. As Botswana, we have had to grapple with a lot of issues about the state of our country and economy. Covid-19 brought some critical issues to the fore such Citizen Economic Empowerment and participation in the economy, our over-reliance on South African imports when it comes to self-sustenance. Couple these issues with the disruption being caused by technology as we enter the Fourth Industrial Revolution (4IR) and the increasingly challenged fiscal position in the country and 2020 proved to be a perfect storm that created the biggest explosion of uncertainty we have ever witnessed but also provided for excellent opportunities to re-think ourselves and emerge stronger like the phoenix.