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Matambo exalts Khama

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Minister of Finance and Economic Development, Kenneth Matambo paid tribute to President Lt. Gen. Ian Khama when delivering his last budget speech under the latter’s leadership on Monday. Matambo, an experienced economist who previously worked for International Monetary Fund (IMF) and Botswana Development Corporation (BDC) is one of the Khama’s chosen men who came into both cabinet and parliament through the specially-elected ticket. Although it was the last budget speech under Khama’s reign, it also happens to be the first budget speech parliamentary seating to convene in the morning. Speaking to

The Midweek Sun, Speaker of the National Assembly, Gladys Kokorwe said Standing Order No 24.1 and 24.2 allow the speaker to convene parliamentary seating at any time of the day. “I called for the seating on Monday morning because I had a very important official assignment on the afternoon of the same day. It is the kind of engagement that demands that I should not delegate, but rather attend in person.”

Matambo expressed gratitude for the support accorded to his ministry in general and to him personally. “I was fortunate to have a supportive head of state who understood that prudent economic management was part of good governance.” Switching to Vice President Mokgweetsi Masisi, Matambo said he has no doubt that he too will “continue to support us” in the development of this country. Matambo said that under Khama’s leadership, Botswana was amongst the few countries which managed to withstand the impact of the 2008/9 global economic and financial crisis.

“By maintaining an expansionary fiscal policy stance, the government was able to save jobs, both within the public service and the private sector, while investing in critical economic and social infrastructure such as water, energy, roads, schools and health facilities”. He said that to ensure fiscal sustainability, the budget deficits resulting from the expansionary policy stance, were highly contained to the extent that instead of totalling P31,9 billion as originally projected over the entire NDP 10 period, the cumulative deficit was only P9.2 billion.

Further, the adoption of the Economic Stimulus Programme in 2016/17 aimed at boosting economic growth, promoting economic diversification and creating jobs amid weak recovery of both the global and domestic economy. He described this as an example of forward looking and bold leadership by the president.

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Church distances itself from Pastor who livestreamed his suicide

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Head Pastor at Metsimotlhabe Holiness Union Church France Koosimile has distanced his church from Phenyo Godfrey who committed suicide live on social media a week ago. Speaking to this publication this week, Koosimile said Godfrey was never a Pastor at Holiness church as assumed by many.

Godfrey, who goes by the name Bishop P Godfrey on social media, allegedly shot a video of himself committing suicide on Sunday evening. According to a few friends and those close to Godfrey, the deceased was from Molepolole and has been identified as a pastor at Holiness Union Church in Metsimotlhabe.

On the evening  of Sunday last week, he went live on Facebook and proceeded to put a rope around his neck. He was seen in the short video hanging by the neck until he took his last breath. TO READ THE FULL STORY, BUY THIS WEEK’S (11 August 2021)  PRINT EDITION OF THE MIDWEEK SUN AT A STORE NEAR YOU.

 

 

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Women challenged to step-up food production

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National Development Bank CEO, Lorato Morapedi has challenged women to take up more agribusiness ventures to cut down on the country’s food import bill.
With an annual P7 billion food import bill hanging over the country, Morapedi said women can significantly trim it down. “We need to get out of our comfort zones, let’s open our eyes and seize the opportunities,” said Morapedi, adding that women need to work in groups.
She emphasized that women should leverage on collective expertise found in clusters to grow the country’s food production sector.
“Grab the opportunities that exist with the food value chain,” she said, citing that women have been hard-hit by COVID-19 in their endeavors to put food on the table.
She further implored women not to shy away from finance development institutions (FDIs) to finance their projects. Morapedi bemoaned that a handful people are willing to go into food production despite the high import food bill that the country faces.
Very few people are doing food production; people are lazy to go into food production,” said Morapedi. She also highlighted that the country’s major supplier, South Africa is also not coping as COVID-19 challenges unravel.
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