Economic Diversification in Africa

Ndateelela Namwoonde, Imogen Mogotsi

Description

Botswana is a major producer of the world’s diamonds and has been a pacesetter for beneficiation in the country. All mineral resources are finite: Botswana is working towards diversifying the economy before the diamonds run out. As one of the most stable and prosperous countries in Africa, Botswana sets an example to follow. This book gives a practical review of topical issues and the roles of government, the private sector, economic institutions and the international community in driving economic diversification. It highlights challenges faced by many small open economies in Africa as they search for new engines of growth.

Sujets

• Social Science
• Sociologie, société et politique

Informations

• Publié par: University of Namibia Press
• Date de parution: 29 août 2023
• Nombre de lectures: 0
• EAN13: 9789991642833
• Langue: English
• Poids de l'ouvrage: 3 Mo

Extrait

Imogen Mogotsi, Professor

and has been a pacesetter for beneficiation in the country. All mineral resources are finite: Botswana

economic diversification. It highlights challenges faced

for alternative growth poles and models to be identified. A book on Economic Diversification is urgently needed.

While this book focuses sharply on Botswana, it addresses problems that are not unique to Botswana, but prevalent in most countries in sub-Saharan Africa.

ECONOMIC DIVERSIFICATION

ECONOMIC DIVERSIFICATION IN AFRICA

MOGOTSI, SEKWATI & NARAYANA

Editedby Imogen Mogotsi Lesego Sekwati Nettimi Narayana

Economic Diversification in Africa Lessons from Botswana

Economic Diversification in Africa Lessons from Botswana

Edited by Imogen Mogotsi Lesego Sekwati Nettimi Narayana

Unversty o Namba Press www.unam.edu.na/unam-press [e-mail] Prvate Bag 13301 Wndoek Namba

© ïmogen Mogots, Lesego Sekwat and Nettm Narayana, 2022

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Contents

Abbrevatons and Acronyms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Lst o Fgures and Tabes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . x

 1 Economc Dversîcaton n Botswana: An ntroducton . . . . . . . . . . . . . . 1 Imogen Mogotsi, Lesego Sekwati and Nettimi Narayana  2 Measurng Economc Dversîcaton: A Revew . . . . . . . . . . . . . . . . . . . . . . 9 Lesego Sekwati  3 he Need or Economc Dversîcaton n Botswana . . . . . . . . . . . . . . . . . . 17 Imogen Mogotsi  4 Economc Dversîcaton Strateges and Poces n Botswana . . . . . . . . . . 31 Gaotobogwe R. Motaeng and Mogae Ntsosa  5 ïmpcatons o Reguaton on Economc Dversîcaton n Botswana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 Masedi Motswapong and Gape Kaboyakgosi  6 he Roe or Competton Pocy n Botswana’s Economc Dversîcaton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 Obonye Gaebotswe and Motusi Lotswao  7 ïnternatona Trade and Economc Dversîcaton. . . . . . . . . . . . . . . . . . . . 101 Imogen Mogotsi and Mbakie Seabe  8 Damond Beneîcaton and Economc Dversîcaton n Botswana . . . . . 115 Maebogo Bakwena  9 Growt and Dversîcaton n Botswana’s Agrcuture . . . . . . . . . . . . . . . . 131 Tebogo B. Seeka, David Mmopewa and Kaueo R. Lekobane 10 Dversyng Botswana’s Economy troug Toursm . . . . . . . . . . . . . . . . . . 171 Jaoni Pansiri and Dey M. Catibura 11 Domestc Toursm: An Avenue or te Growt and Sustanabty o Toursm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 197 Lesego Sekwati and Jaoni Pansiri

V

VI

economic diversification – botswana

12 he Roe o Sma, Medum and Mcro Enterprses n Economc Dversîcaton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 205 Boitumeo Mofat and Stepen Kapunda 13 Entrepreneursp and Economc Dversîcaton: Maxmsng Gans rom ïnorma Busness. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 215 Lesego Sekwati 14 Can te Fnanca Sector Support Economc Dversîcaton n Botswana? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 239 Mogae Ntsosa 15 Dversîcaton and Gender . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 263 Imogen Mogotsi and Kagiso Mangadi 16 ïnormaton and Tecnoogy (ïT): An Answer to Botswana’s Economc Dversîcaton Eforts? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 275 Mavis Koobe and Maebogo Bakwena 17 Economc Dversîcaton n Botswana: Concuson and Future Drectons . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 291 Imogen Mogotsi, Lesego Sekwati and Nettimi Narayana

About te edtors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 301 About te autors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 302 ïndex . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 307

Abbreviations and Acronyms

ABS AFA ADB ALDEP ARAP ATS BASA BCL BDC BDVC BECï BEDïA BEDU BEMA BHC BïDPA BïTC BïUST BLNS BMC BOB BOBS BOCCïM BOCRA BPC BPO BSE

Austraan Bureau o Statstcs Automatc Fnanca Assstance Arcan Deveopment Bank Arabe Lands Deveopment Programme Acceerated Raned Arabe Programme Automated Tradng System Batera Ar Servces Agreement Bamangwato Concesson Lmted Botswana Deveopment Corporaton Botswana Damond Vaung Company Botswana Export Credt ïnsurance Botswana Export Deveopment and ïnvestment Autorty Botswana Enterprse Deveopment Unt Botswana Exporters and Manuacturers Assocaton Botswana Housng Corporaton Botswana ïnsttute or Deveopment Pocy Anayss Botswana ïnvestment and Trade Centre Botswana ïnternatona Unversty o Scence and Tecnoogy Botswana, Lesoto, Namba & Swazand Botswana Meat Commsson Bank o Botswana Botswana Bureau o Standards Botswana Camber o Commerce, ïndustry and Manpower Botswana Communcatons Reguatory Autorty Botswana Power Corporaton Busness Process Outsourcng Botswana Stock Excange

VII

VIII

economic diversification – botswana

BTA BTC BTO CAAB CBNRM CEDA CET CFA CïTES

CïU CSD CSO CUTS DAHP DAR DBGST DCEC DCï DCP DFï DOT DPCF DRC DTCB EASSy ECA EDD ERTP ETF FAP FCï FDï FPï

Botswana Teecommuncaton Autorty Botswana Teecommuncatons Corporaton Botswana Toursm Organzaton Cv Avaton Autorty o Botswana Communty Based Natura Resource Management Ctzen Entrepreneura Deveopment Agency Common Externa Tarf Case Fnanca Assstance Conventon on ïnternatona Trade n Endangered Fora and Fauna Coectve ïnvestment Undertakng Centra Securty Depostory Centra Statstcs OIce Customer Unty and Trust Socety Department o Anma Heat and Producton Department o Agrcutura Researc De Beers Goba Sgtoder Saes Drectorate o Corrupton and Economc Crme Domestc Company ïndex Department o Crop Producton Deveopment Fnance ïnsttuton Department o Toursm Debt Partcpaton Capta Fundng Democratc Repubc o Congo Damond Tradng Company Botswana East Arca Submarne Cabe System European Commsson or Arca Economc Dversîcaton Drve Economc Recovery and Transormaton Pan Eectronc Traded Funds Fnanca Assstance Pocy Foregn Company ïndex Foregn Drect ïnvestment Foregn Portoo ïnvestment

GDP HHï ïCN ïCT ïDP ïFSC ïLC ïLO ïSïC ïSPAAD

ïSS ïT ïTU LEA LïMïD LWDP MALP MFDP MFED MTR NAMPAADD

NBFïRA NDB NDP NEDC NGO NRï NTB NWDC OECD PDSF PPADB

abbreviations and acronyms

Gross Domestc Product Herînda-Hrscman ïndex ïnternatona Competton Network ïnormaton and Communcaton Tecnoogy ïndustra Deveopment Pocy ïnternatona Fnanca Servces Centre ïnternatona Labour Conerence ïnternatona Labour Organzaton ïnternatona Standard o ïndustra Cassîcaton ïntegrated Support Programme or Arabe Agrcuture Deveopment ïnorma Sector Survey ïnormaton Tecnoogy ïnternatona Teecommuncaton Unon Loca Enterprse Autorty Lvestock Management ïnrastructure Deveopment Lvestock Water Deveopment Programme Matced Asset-Lqudty Portoo Mnstry o Fnance and Deveopment Pannng Mnstry o Fnance and Economc Deveopment Md-Term Revew Natona Master Pan or Arabe Agrcuture and Dary Deveopment Non-Bank Fnanca ïnsttutons Reguatory Autorty Natona Deveopment Bank Natona Deveopment Pan Natona Economc Dversîcaton Counc Non Governmenta Organsaton Network Readness ïndex Non Tarf Barrer Nort West Dstrct Counc Organzaton or Economc Cooperaton and Deveopment Pubc Debt Servce Fund Pubc Procurement and Asset Dsposa Board

Ix