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Ndaba Gaolathe
137 quotes
“We must live within our means and build a more resilient economy,”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Gov't to tighten spending further on diamond revenue slump 19 August 2025”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“As we chart Botswana’s economic future, robust financial management remains the bedrock of sustainable growth. “A key pillar of this is strengthening our public procurement framework to ensure transparency, accountability, and value for money.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“By fostering public-private collaboration, we will drive competition, innovation, and cost-effectiveness in procurement processes. Botswana’s prosperity depends on a procurement system that is fair, transparent, and inclusive.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Francistown economy needs reawakening- Gaolathe 27 May 2025
“We are moving from diamonds and government as the centre to a vibrant ecosystem fired by the private sector, innovators, social entrepreneurs.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We will not rest until every citizen is employed, every citizen is empowered, and every citizen is fulfilled.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“A high-income Botswana that is digitally-enabled, export-driven and economically diversified where every citizen is employed, empowered and fulfilled.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“BETP focuses and emphasises execution, more execution, extra execution, super execution, ultra execution. The time has come for our nation to build a culture of getting things done. We have started doing so with the Permandu economic lab methodology, and this is only the beginning.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“You inherit a Botswana that is not perfect but teeming with possibility. We face challenges, especially youth unemployment, but you are the generation destined to convert these challenges into opportunities.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“A qualification without practice, creativity, and contribution is nothing more than paper. True power lies in what you do with the knowledge you carry. Go forth and practice, innovate, create, and generate new knowledge.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: 'We won't rest until every citizen is employed' 23 September 2025
“For too long our challenge has not been ambition but execution,” he said. “The Botswana Economic Transformation Programme through the Big Fast Results represents our commitment to closing this gap, to prepare not just our people for the future but also the future for our people.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Unlike many frameworks that emphasise policy design, BFR is unapologetically delivery oriented, embedding accountability, measurable milestones and timely outcomes.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“In Botswana, our diamond-led growth model has served us well, but it cannot deliver our high-income aspirations. “That is why we are decisively pursuing reforms under BETP to build a productive, inclusive, technology-driven and globally competitive economy.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“In this, we share a common purpose with WSBI of moving beyond theory to practical results that uplift households, empower communities and build confidence in financial systems.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“I am deeply encouraged by this conference under the thoughtful leadership of Botswana Savings Bank and WSBI. “The discussions span digital innovation, MSME financing, women and youth entrepreneurship, rural outreach and risk management in the digital area,”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Execution, not ambition hinders economic diversification – Gaolathe 5 September 2025
“I doubt that under the current fiscal circumstances it will be good economics to lower corporate taxes under the current circumstances.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Rather there is pressure to increase corporate tax.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: There is pressure to raise corporate tax- Ndaba 28 January 2025
“This was part of the government's initiative to support local businesses by ensuring continuous economic activity through equitable distribution of money throughout the month; moreover it was then intended to reduce overcrowding at business places and malls.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We strongly believe that the primary objective of this initiative which is to ensure equitable distribution of money throughout the month thus promoting economic activity has been achieved to some extent.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We have noted improvements, improved performances of local business, including SMME’s in which the taxi industry forms part of.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The results have been positive in terms of the issue of spreading economic activities through the month and the reduction of overcrowding in places of business. The results are based on seven sectors of the economy both government and private.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“It turns out or the study reveals that more than 50% of the sectors would actually oppose the government reverting to the old system. In addition the majority stated they have not incurred any additional costs implications and are experiencing positive results.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: UDC gov’t defends salary payment plan 6 August 2025
“One of the big ticket issues that we are looking at with the President is the issue of how we modernise, revitalize, reconfigure state-owned enterprises so that they punch at their weight or more than their weight, as opposed to the punching below of the weight that they do.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Botswana Railways and Air Botswana have recorded five consecutive years of financial losses, signalling persistent structural and operational inefficiencies. “Their continued reliance on public support is fiscally unsustainable and reflects a misalignment or malalignment between their mandates and operating models.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We are looking at advancing the unbundling of Botswana Railways into infrastructure, which is called below the rail, and operations, which is called above the rail, to facilitate a more robust and effective rail sector ecosystem. “We are also looking to introduce a potential strategic partner or strategic partners into a partnership with Air Botswana to restore its commercial viabilities. “These reforms are critical in reorienting Botswana Rail and Air Botswana.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Corruption has become endemic with all its corrosive and cancerous manifestations, an impediment to the achievement of the lofty aspirations of our people.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This is evident in our deteriorating scores on the Corruption Perceptions Index. The data shows that our ratings declined from a score of 6.5 in 2012 (30 out of 180 countries) to 6.1 in 2019 (34 out of 180 countries).”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The most recent figures show a further drop and a significant decline in rankings in the space of one year, from a score of 6.0 in 2022 (35 out of 180 countries) to 5.9 in 2023 (39 out of 180 countries).”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Our conviction is that a corruption-free culture will save us, not a billion, but billions of pulas every year. This is why an array of efforts are already underway to review our current procurement model, enhance transparency, support free press, as well as revise and approve the Draft National Anti-Corruption Policy. “With these initiatives, we hope to protect whistle-blowers, strengthen institutions, and enhance integrity and accountability.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“As part of revitalising the Public Procurement Regulatory Authority (PPRA) towards pursuing its legislative mandate, we have already facilitated the commencement of their work, along with other oversight agencies, towards the conduct of comprehensive audits of the projects under the Development Manager model, the Central Medical Store (CMS), as well as other infrastructure projects at key State-Owned Enterprises (SOEs).”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Yet, despite this bleak picture, I have a hope in me that is rising like a phoenix. Mr Speaker, we in the new Botswana have the hope that collectively we will turn the tide.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana is regressing on many fronts – Gaolathe 11 February 2025
“Key areas of non-compliance report include imbalanced board compositions, where the majority of non-executive directors lack independence due to outdated statutory provisions. “Further, many boards have failed to conduct regular performance evaluations, develop succession plans for senior positions, or even ensure continuity in leadership, while some entities have operated for extended periods without substantive CEOs or senior executives in place.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“As at end of June 2025, only 19 out of 62 SOEs submitted responses.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Of the 19, 16 had majority of corporate governance tools in place while three only had some in place. “In the meantime, the Agency is exploring additional ways to engage with the SOEs to get the requested information, including follow-up outreach or alternative methods.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: More SOE rot exposed 11 July 2025
“I know that these changes have sparked frustration, even anger, among many who ask if the government understands the pressure on livelihoods. Let me assure this nation that I do and we do. These are not abstract and theoretical concepts; they directly affect everyday essentials such as groceries, fuel, and other basic needs. I want to assure you that this policy is not about sacrifice for its own sake, rather, it serves as a protective measure and shield against economic collapse.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This decline reflects the increased cost of accessing foreign exchange from the central bank. The reduced volume of foreign exchange trading between the BoB and commercial banks is a positive development, aligning with the Bank’s objective of preserving foreign exchange reserves. 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.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: ‘It’s for your own good!’ 25 July 2025
“We are focused on ensuring that there is robust fiscal consolidation. There is a need to ensure that the entire government system is functioning in our effort to build a resilient economy and rise again.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“There are gaps in our collections and we are aiming to collect every pula from every tax liable business. We are not collecting well with regards to online taxes. This is where BURS needs to strengthen screws and ensure that these billions of Pula that we are missing are recovered.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“In the new Botswana that we envisage to build, there would be no under table dealings. Much can be said but I can promise you that in the new Botswana we will be exemplary. We will fight corruption to the bitter end.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Some of the best performing companies and most innovative companies in the world were founded during period of recession and hardships, so something good must come out of the circumstances that we face today.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We shall rise again despite the economic circumstances that we find ourselves in at the moment. Young men and women roaming the streets due to unemployment shall rise and dream again.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Ndaba’s economic recovery plan 30 January 2025
“At the same time, we must not miss out on strategic opportunities, particularly where travel is fully funded by partners or organisers, so long as it aligns with national priorities and offers clear benefits to Botswana.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This strategy will not be just a document but a national playbook, clear in vision, collective in ownership, and relentless in execution. Grounded in rigorous research and sound economic science, this blueprint will align all ministries, sectors, and institutions under a single, transformative national vision to be executed over the next five years.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“When we say the economy has contracted, it means something very real. It means small businesses struggling to stay afloat, companies scaling back operations, and entrepreneurs shelving ideas because the risk is simply too high.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“When we assumed leadership, we did so with a sober understanding of the new economic reality before us. With a muted diamond outlook and growing fiscal constraints, it became clear that if we are to steer this country through uncertainty and more importantly, set it on a path of inclusive, modern growth we could not rely on business as usual.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“These gains could never be secured from behind a desk in Gaborone.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Gov’t notes public criticism over frequent overseas travel 27 May 2025
“It is evident that the proposed budget for the 2025–2026 financial year triggers important fiscal policy questions on fiscal consolidation, fiscal discipline, fiscal sustainability, budget credibility, financing of the deficit and its implications on debt sustainability.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“With a projected deficit that exceeds the ideal threshold of four percent of GDP, our commitment to conducting fiscal policy in line with global best practice is more critical than before.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This calls for stringent measures and action to improve productivity and deliver more with less, improve operational efficiency in public procurement processes, utilise e-services to deliver government commitments as well as maximise revenue collection.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“As our economy regains its strength and our fiscal position improves.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source