@PapieJayx@StizzyWizzyRay 🤣🤣🤣🤣 nyaa. When they say foreigner, they know who they are talking about. Ga ba ree rona. Lesa go bata go ntsha ngwana yo mongwe dijo ganong.
They don't make tough decisions that run the risk of upsetting the very class they want to join. Turning BW around is not as impossible as these guys have made it seem. It can be done, but not without stepping on toes.
1/3 Botswana has an interesting economic problem. The ultimate beneficial owners of some of our largest businesses are, in a very technical sense, citizens. But most of them are naturalized. They are ordinarily resident in Botswana BUT they are not economically embedded here, so
A night in the Okavango Delta costs $5,000. Franchises generate millions in profit, yet Batswana chefs and cooks are paid just P800–P1,500. Even to this day Batswana still want a food vendor to sell them a plate of food for P20-30. It's been over 20 years PLATE ele P20.
we struggled from a pretty weak leadership. We're led, for the most part, by aspiring affluents. That's a problem. Because the most important thing to an aspiring affluent is THEIR OWN path to joining a group of elites. So they govern in a manner that doesn't upset the balance.
@callmekaygo 3/3 when and how demand flows upstream. So, De Beers can be producing a scarce, premium natural resource yet still face weak sales because the midstream is overstocked, underfinanced, or unwilling to replenish inventory. What hurts is, we have very smart people who KNOW THIS.
@callmekaygo and price discovery. Rough diamond producers do not sell directly into end-user demand. They sell into a pipeline of traders, sightholders, cutters, polishers, financiers, and wholesalers who can accumulate inventory, delay purchases, restrict liquidity, and effectively dictate
I think a phenomenal example is Indian kids. The Indian kids who drove M3s and GTI's at Uni, were all top of the class. They understood family responsibility, and were incredibly focused.
The access you give them is great, BUT, you need to have parented them well. I struggle with the fact that not enough black Batswana parent in a meaningful way. Ga re je mmogo. Ganke re bua about politics, values, life etc. A lot of our kids raise themselves. By the time o mo revelation ntlo, all they want to do is host a thing every weekend.
@AldrinSampear@MbuyiseniNdlozi@MametjaE There's a reason it's called a "Right" to vote and not an "Obligation" to vote. We can all agree it's silly to not vote. But we MUST also agree, it's a prerogative we all have.
@TheRealClementM There's a reason it's called a "Right" to vote and not an "Obligation" to vote. We can all agree it's silly to not vote. But we MUST also agree, it's a prerogative we all have.
@the_tebs_@AbsoluteRhy@KitsoThato_ The idea, as they explained it, was to move away from an agent economy (tons of middlemen that buy, add a few pula and sell without creating any real local value), and to try be more deliberate about driving beneficiation. Local assembly, local manufacturing, etc)
@AbsoluteRhy@KitsoThato_ It makes imports, esp from SA a little more expensive, which gives local businesses breathing room to grow. Price competitiveness.