The Permanent Secretary
Private Bag 004, Gaborone, Botswana
Tel: +267 3601 200, Fax: +267 397 1539
Office Hours: Monday to Friday
Afternoon 13:45 - 16:30.
GABORONE: September 3, 2014: The Global Competitiveness Report (GCR) 2014-15 was released today. In this year’s report, Botswana’s ranking remained stable at 74th place out of 144 countries and, fourth in the region behind Mauritius (39), South Africa (56) and Rwanda (62). Though the country’s position has not changed, it has improved in quality scores from 4.1 last year to 4.2 this year out of a maximum of score of 7. The comparative rankings are 74th for 2013/14; 79th for 2012/13; and 80th for 2011/12.
Economic Partnership Agreement (EPA) between the European Union and the Southern African Development Community (SADC) is concluded. The agreement was initialed by the Chief Negotiators on 15 July 2014 in Pretoria, South Africa.
Economic Diversification Drive (EDD) is a national strategy aimed at accelerating diversification of the economy through the development of globally competitive enterprises. EDD is two-pronged: first, is the Short-Term strategy which is based on Government interventions, and second, is the Medium-to-Long Term Strategy that envisages development of globally competitive enterprises that need little or no Government support.