Monday, March 21, 2016

Diversify economy and lose economic muscle?....never!

Ever since our country attained self-government, and independence two years later in 1966, we have been ruled by one and the same party, the Botswana Democratic Party (BDP). You see, our country is democratic; so once every five years we hold general elections. We have held eleven (11) general elections so far, and they have ALL been won by the BDP . The validity or otherwise, of the wins is not my concern in this piece. What I want to point out is the incongruity between where the Government/BDP claims it wants to lead our country, and what they (BDP) actually practice.

After every election, when the freedom-square rhetoric suddenly becomes unfashionable, the government/BDP proclaims that it wants to ensure that it is the private sector that "drives the economy" of our country, and not government as such. To achieve that objective they promise to diversify the economy from its over-reliance on diamonds.

Well, they have not succeeded so far. But should we really believe them? Should we take them at their word that they want to diversify the economy? Let's analyse their claim.

Diversifying the economy means LOSING considerable economic muscle to the private sector. It means the government/BDP losing the economic power that they currently enjoy, of ruthlessly punishing the private media by  witholding advertisements from alleged "troublesome, opposition-aligned" newspapers. These, by the way, are simply newspapers that are critical of the way government/BDP wastes national resources through lack of accountability and corruption.

Diversifying the economy means government/BDP losing its grip on Business Botswana. Business Botswana is what used to be called Botswana Confederation of Commerce, Industry and Manpower (BOCCIM). A truly "private sector", driving a truly diversified economy, would not "coincidentally" elect former permanent secretaries and ruling party activists to lead it year in and year out. Even where such coincidence happens if at all, it would be very unlikely that such an organisation would encourage government (it's economic competitor) to levy a tax on an already struggling private sector entity - the private press. The fact that Business Botswana is encouraging government/BDP to levy a tax on the private media, an integral part of the private sector, shows you just how "private" the sector run by Business Botswana really is.

In conclusion, it is clear that government/BDP can really NOT afford to diversify the economy of this country. They cannot afford to share economic power deriving from diamonds with anyone else. But the accolades keep coming in:- most democratic country in bla bla; upper middle income country, bla bla...  

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