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Ndaba Gaolathe
137 quotes
“We are on a journey to build a new Botswana, and this new Botswana requires all of us, regardless of political affiliation or background. It demands that we all stand together, work with determination and purpose. We aspire to build a nation governed with integrity, excellence, and one that is admired across the world.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“A country that treats every citizen with fairness, unity, and equality. A nation where people share a common spirit, where there is progress. A country where every child and every adult has an equal opportunity to achieve a good life.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Ndaba Gaolathe Calls for Unity and Hard Work to Build a Better Botswana, BotswanaYouth(14 February 2025)
“As a nation, we still import over P6.6 billion in food annually, that is a challenge and a massive opportunity.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“It calls on every Motswana, every entrepreneur, farmer and investor to partner with government in building a stronger nation.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We carry a vision of Botswana as the best managed country on the African continent, a model of fairness, unity and shared prosperity.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“These reforms aim to ensure our farmers can produce competitively and sustainably.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Gaolathe Urges Farmers to Go Beyond Limits,AFRICAPress ( 10 August 2025)
“This is not just a statistic. It is a national emergency,” Mr. Gaolathe stated. “Youth unemployment undermines our economic growth, threatens social stability, and erodes the hope of an entire generation. If we are to safeguard the future of this country, we must act with purpose and urgency.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“No country can succeed when half its population is left behind.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Botswana must adopt bold and innovative solutions to drive sustainable growth.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This includes leveraging technology, promoting entrepreneurship, reforming the education system, and fostering partnerships that deliver real impact.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Let this report not gather dust on the shelf. Let it be the foundation of a national movement to uplift our youth and secure a prosperous future for all Batswana.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Acting President Ndaba Gaolathe Declares Youth Unemployment a National Crisis in Botswana( 22 May 2025)
“We need to step back as a country and decide for ourselves, who characterises the ideal partner for Botswana as a nation. Who is the right partner for the government, our state-owned enterprises, and the private sector?”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“I am embarrassed to say this, but we need a partner with deep pockets.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana needs a partner with “deep pockets,” Says Gaolathe 10 February 2025
“We, as the incoming government, are saying we can dream higher than that: 1,200 megawatts are far from enough.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We believe that this country has the potential to be producing 8,000 megawatts of power for export.”
Ndaba Gaolathe (born 1971) first seen 2024 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana VP says country aims higher with solar energy goals 14 November 2024
“Africa does not need sympathy. It needs infrastructure, capital, and execution. The private sector must rise — not politely, but boldly.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“To turn Africa’s large youth population into a positive force, we need smart planning and investment to create the 450 million jobs expected by 2050.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Whether you’re a multinational giant or a startup with a disruptive idea — Botswana is ready to work with you. This is a rare opportunity to co-create the future with us.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Let us not merely imagine Africa’s potential. Let us unleash it. Let us not think in billions, but in trillions.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This is the decade where Africa stops asking for permission — and starts writing its own script; a decade where businesses don't just participate in Africa’s transformation — they lead it.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Vice-President Ndaba Gaolathe Calls For Enterprise-Led Transformation At Standard Bank Event 10 July 2025
“We can no longer rely on business-as-usual approaches.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“A diversified, inclusive, future-ready Botswana is within reach, if we choose to build it together.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Every pula spent must deliver measurable public value.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Acting President Ndaba Gaolathe Opens Business Botswana Northern Trade Fair with Call for Innovation and Reform 22 May 2025
“Traditionally, the type of funding that has been available has been primarily debt capital, loan capital funds that require property development. The system has been making this available to our artists, but you cannot fund the creative sector through loan capital.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The digitalisation ecosystem is lagging in this country. It is not just about building technology infrastructure, but also physical infrastructure. We need to find ways to develop studios, music hubs, diamond cities, and museums that would attract global visitors,”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Time for a shake-up 22 October 2025
“We are well placed to deepen the relationship with the African Development Bank to support private sector initiatives.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana and the African Development Bank reaffirm strategic partnership to drive private sector-led industrialization 18 April 2025
“We have to be optimistic because, as I continue to say, we’ve been blessed with all the ingredients we need to build our country. The first of our priorities is to halt the haemorrhaging of our fiscus [treasury], because even though Botswana over the last few decades has outperformed everyone else on the African continent, we need to accept that there has been a period of lapse which has taken place, arguably, over the last 12 years or so.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The fiscal discipline we used to have has broken down. In the past it was accepted that we don’t allow politics to interfere with the work of the professionals that manage the economy, particularly the Finance Ministry; we contaminated that culture; we allowed politics to make the economic decisions.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We threw away priorities and the emphasis on investing for the future – such as in infrastructure – in favour of immediate consumption. We allowed corruption to set in. So our first priority is to halt all this, and I believe that given that we have been there [in office] a few months, we’ve already done well on that front.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“You find we’re allowing politics to a large extent not to decide what makes sense in economics. We are galvanising ourselves around priorities, managing properly again, building capacity and our capabilities around properly managing infrastructure, doing things on time.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We don’t have the capabilities and capacity to do what the modern world requires. We don’t have the capacity to structure the public-private partnerships that we need to build mega-infrastructure projects. We don’t have the capabilities to leverage and bring the best out of AI and tech.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We need to build it. We need to retrain and revitalise the government civil service. We’ve never experienced the type of unemployment levels we have now, particularly among young people and educated young people. The education system has been purely geared to creating social sciences graduates. The unemployed are highly educated. This means we have a real opportunity to upskill rapidly to AI, tech, and indeed there are steps we’re taking and partnerships we’re putting in place.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The second priority is that we need to modernise, revitalise and restructure our state-owned enterprises. In a small economy like that of Botswana, that has maybe 50 SOEs across every sector, from water and power to telecoms and financial services, they are an important part of the economy.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“If it’s not efficient, if its sub-optimised, if governance is not strong, if you don’t have enough competent CEOs, that affects the economy in a big way.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“All of these SOEs are very much scalable, they can become continental players… We have not really had a forecast on sectors that have the highest prospects of success – it’s time we did. In the past, government poured money into SMEs [small and medium enterprises] because it was popular. Now we need to support commercialised, high-productivity agriculture.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We have us a good deal and we trust that it will carry us into the future. To the people of Botswana, this agreement is about you, about the jobs it will create,” President Boko said at the signing ceremony.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“With an eye to the future, Gaolathe says the success of the deal will be dependent on skills and technology transfer.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The generation before had good relations with De Beers; the current generation believes maybe that the type of relationship the generation before had was not entirely optimal.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Our diamond exports to the US don’t take anything away; there is not unfairness to the US. If anything, we have added great value to the US, we’ve given them the opportunity to create an entire sector which they wouldn’t have without our diamonds, which pays well.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“In tax it’s economics 101, all that happens is that it [the tariff] is a consumer tax. It basically raises prices on diamond products. It’s a consumer tax on themselves. It doesn’t do anything else to help them.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We have sat down with the President and leadership and asked ourselves, what type of partners are we looking for? The first thing is: we’re looking for partners in it for the long term, not for the quick buck. The second is: those that have the types of insights and experiences we don’t have. The third, I’m embarrassed to say but must say, is that we’re looking for partners with deep pockets! And the fourth is: partners who want to be associated with who you are.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana: Back to square one on fiscal discipline 3 August 2025
“Our true north is a Botswana where every citizen is employed, empowered, and fulfilled.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Japan’s greatest asset is not just its resources and hi-tech sector, but its people—their character and sense of respect. Prime Minister Shigeru Ishiba embodies these qualities, and it is what draws us, and the rest of Africa, to Japan.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana lures Japanese investment 26 August 2025
“In the past, an overvalued pula was not a problem because diamond exports brought in billions of pula worth of foreign currency.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Today, the diamond market has weakened, global demand has dropped, prices have fallen, and Botswana is earning far less from diamond sales. “When the pula remains overvalued or stronger than it should be, the Bank of Botswana had to dip into the foreign reserves, selling dollars and euros to buy pula and stop its value from falling too quickly.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Overvalued pula forced adjustments– Gaolathe 29 July 2025
“While the authorities are actively working to address these challenges, we concurrently urge all customers to exercise their power by actively shopping around and negotiating for more competitive foreign exchange rates.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“These include enhanced engagement with market participants, the potential introduction of caps on the mark-up applied by commercial banks to their foreign currency trading margins, the potential introduction of asymmetric trading margins for the Bank's own foreign currency operations with commercial banks, and other targeted regulatory measures.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Sri Lanka delayed critical currency and reserve reforms and when their reserves ran dry, the country spiralled into a full-blown crisis in 2022. “Fuel stations ran dry, shelves emptied, and confidence in the state evaporated overnight.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The changes are meant to shield this country from a far more devastating outcome where we are not able to pay for imports, a situation where we can’t afford fuel, food, or medicine, where banks run dry and where the poor pay an even higher price. “That will not happen under our watch.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Gaolathe defends Pula move, cautions banks 18 July 2025
“Having successfully slowed spending by P5.5 billion in the past eight months, we must now move to further slow expenditure and cement fiscal consolidation.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source