“While poverty rates have fallen significantly, the prevailing poverty levels are still high for an upper-middle-income country. Poverty is widespread in rural areas, with some areas experiencing rates as high as 46%, and is more pronounced in female-headed households, with high levels of child poverty. Income inequality as measured by Gini Coefficient has also remained high at 0.61 in 2009/10. In addition, the country is faced with high HIV/AIDS incidence rates, in particular among the youth, increasing prevalence of non-communicable diseases and a number of social ills such as substance abuse, domestic violence, indiscipline, child abuse, rape and others.
The country is also faced with high unemployment rates (above 20%), especially among the youth. The high youth unemployment is partly due to the fact that the supply of skills from the education sector does not match the needs of the job market. This skills mismatch has led to an oversupply of certain skills in the job market, resulting in high graduate unemployment, even though other skills re in short supply.
Botswana has performed poorly in terms of competitiveness, especially when compared with other upper-middle-income countries. Our Global Competitiveness Report ranking has fallen from a high of 56 in 2008/9 to 71 in 2015/16. While the country has performed well in macroeconomic terms, it has not done equally well in other dimensions, especially in innovation, market size, technological readiness, business sophistication and higher education training.”
EXTRACT FROM – VISION 2036 – ACHIEVING PROSPERITY FOR ALL PREPARED BY THE VISION 2036 PRESIDENTIAL TASK TEAM, JULY 2016 www.vision2036.co.bw
Founded in 1972, MaP is a co-ed, independent day & boarding secondary school with a reputation as one of Africa’s premier academic institutions. Maru-a-Pula provides full scholarships and partial financial assistance to deserving Batswana students who demonstrate the academic ability to thrive at MaP but who cannot afford the tuition at the school. The Orphan and Vulnerable Children (OVC) Fund supports orphans or vulnerable children with tuition, boarding, uniforms, medical expenses, stationery, and other living expenses. We encourage and invite all our corporate clients who appreciate our services to please make a contribution to this worthy cause. More details can be found at: www.maruapula.org
Ke a leboga, Khan Corporate Law