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The government has closed down the Francistown abattoir

The government has closed down the Francistown abattoir, once a key center for cattle processing in the country, as it plans to privatise the Botswana Meat Commission (BMC). The Public Enterprises Evaluation and Privatisation Agency is currently working on a strategy to transform BMC into a private entity. The strategy is expected to be unveiled in May.

Source: Mmegi Online

The IMF executive board has concluded its 2018 Article IV Consultation with Botswana

The IMF executive board has concluded its 2018 Article IV Consultation with Botswana. IMF Executive Directors “welcomed the authorities' commitment to accelerate the implementation of key structural reforms. Directors underscored the need to reform the public sector and its role in the economy, especially by restructuring and privatizing parastatals, undertaking a civil service reform, and strengthening the prioritization of public investment projects.”

The benefits of privatization remained unproven

Responding to President Mokgweetsi Masisi’s statement that he intends to slash the civil service and engage in widespread privatization of public enterprises, Topias Marenga, general secretary of the Botswana Public Employees Union, says “reducing the size of the civil service would be ‘a major blow’ and the benefits of privatization remained unproven. ‘The problem with our leaders is that they are under the sway of the International Monetary Fund, which wants the public service wage bill cut down by 5 percent,’ he said by phone. ‘Our problem is that we don’t have effective platforms to discuss these matters with government as equal social partners.’”

Source: thedaybreaknews.com