- Tsaone Segaetsho
Business Botswana has launched the Private Sector Development Strategy (PSDS 2025–2029), a roadmap aimed at transforming Botswana’s private sector into a globally competitive force.
President of Business Botswana, Neo Nwako, stated during the launch in Gaborone this week that the Strategy is designed to create an enabling environment that supports sustainable growth, drives economic diversification, creates jobs, and enhances global competitiveness.
Furthermore, Nwako sees the Strategy as a blueprint for the private sector, aligning with the broader vision of the organisation.
Delivering the keynote address at the launch, Managing Director of Bank Gaborone, Olebile Makhupe, spoke of the Strategy as one that will breathe new life into the SMME sector.
“The strategy is not just a policy framework but a bold step forward, a blueprint designed to drive sustainable economic transformation and position Botswana’s private sector as a globally competitive force. The strategy reflects a shared vision for a private sector-led, export-driven economy, one that facilitates innovation, expands industries, and embraces new market opportunities,” said Makhupe.
Makhupe said Bank Gaborone is committed to mainstreaming and formalising SMMEs and the informal sector, ensuring they have the resources needed to thrive. She highlighted a banking solution that aligns with SMME empowerment, the Easy-2-Pay app, noting that it allows customers to make in-person purchases using a contactless card via a mobile phone.
