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Ndaba Gaolathe
137 quotes
“To be clear, we inherited a government machinery plagued by deeply entrenched systemic inefficiencies that have crippled progress and development.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Has Gaolathe stopped the spending haemorrhage? 14 February 2025
“As an urgent response, I wish to reassure Batswana that the new government remains resolute in committing to fiscal consolidation plans and rebuilding buffers. “Our fiscal strategy hinges on effective revenue maximisation, public expenditure efficiency and implementation of a robust debt management strategy.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The biggest problem has generally been around the ecosystem and absence of collaboration to understand what investors need.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“It’s about taking steps to remove bottlenecks.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We have to be thick-skinned and approach issues from a solutions point of view.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Hopefully the PPP Bill due to be tabled will address some of these bottlenecks and many of these are systems and structures.Gaolathe highlights risks but goes big on spending 14 February 2025”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We are looking for partners that are not coming into it for the quick buck.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Whoever wants to take over the Anglo shares, it’s not just the takeover of shares. It’s actually the consummation of a relationship with the government of Botswana. And I want to impress upon you, we take relationships very seriously.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The US does not have diamonds.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“But the US has been able to create an entire diamond sector, a jewelry sector. It’s large, it creates jobs for Americans. So the US has benefited from Botswana diamonds and a sudden pushback on Botswana diamonds will and can hurt the US more than it imagines.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: De Beers investor Botswana says serious buyers showing interest 29 April 2025
“Since migrating GABS to these upgraded servers in December 2024, system stability and efficiency have significantly improved.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“These efforts are aimed at restoring GABS to full functionality, ensuring uninterrupted financial transactions and improved service delivery.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“The Insurance Industry Act (2015) is under review to enhance regulatory effectiveness and strengthen policyholder protection. A key reform under consideration is the establishment of a Policy Protection Fund, designed to safeguard insurance payouts in the event of an insurer’s insolvency, ensuring greater financial security and trust in the industry.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: The System Is Up! 14 March 2025
“Financial inclusion remains Africa’s unfinished business.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Africa’s unfinished business 18 September 2025
“As the incoming government, we are setting our sights even higher.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“I won’t specify percentages, but we are aiming beyond previous ambitions, because our people envision more,” he noted. He highlighted Botswana’s immense solar potential, noting that the country ranks third globally for solar radiation exposure, with approximately 3, 200 hours of sunshine annually. “With this resource, there is no reason Botswana cannot become a hub for solar-generated power.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Everyone knows that Botswana has committed to reducing its carbon footprint by 15% by 2030. Yet, we aspire to even more.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“That said, as a small, developing nation, we need some flexibility to build our economy to a stage where we can uphold ambitious carbon commitments.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Another important aspect of our diversification drive is the modernisation of the power sector, with a strategic shift towards a solar-dominated energy industry.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Solar energy presents a remarkable opportunity for our nation with abundant sunshine throughout the year. Botswana is ideally suited to harness this clean and sustainable resource to power our households, industries and communities.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Gov't bets on energy as diamond regression persists 18 February 2025
“The creative industry is more than just a source of entertainment. “It is a driver of economic growth, cultural preservation and social transformation. Music, film, fashion, digital arts and crafts and storytelling, all of these foster innovation and project identity. Who we are, the food we eat, the dance we dance, the tears we cry and the smile we smile. The creatives project our identity.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Pitso remarks solace for creatives 7 February 2025
“I stand by my December 2024 Parliament Statement on public finances that the state of our public finances, by any standards, is in an undesirable place”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“I highlighted the economy’s severe fiscal constraints, declining government revenues, as well as slow and jobless growth.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We kept hope alive and hope kept us alive.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“I remember in 2017 when we experienced upheavals, when there was strife and discord. I remember that time it seemed like there was confusion and like it was all lost. The cynics, the skeptics, nonbelievers said this was not possible.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“They said the new Botswana could not be possible; they said Motswaledi’s death was the end and that the dream had ended. But we kept hope alive and hope kept us alive.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: BMD bloodbath still haunts AP 25 July 2025
“This growth outlook is premised on recovery of the diamond industry, which is expected in the latter part of 2025, and continued positive sentiment in the non-diamond mining sectors.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Botswana’s reliance on diamond revenues has been both a strength and a vulnerability.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Botswana pins hopes on diamond sector recovery 11 February 2025
“To achieve this, we will re-design our macroeconomic policy framework to safeguard the needs of future generations by ensuring that they benefit from our natural resource wealth.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“Efforts are underway to create a new fully-fledged Sovereign Wealth Fund. “This fund will invest in sustainable domestic and foreign assets across various industries, thereby transforming resource wealth into financial wealth.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Gov't greenlights new Sovereign Wealth Fund 14 February 2025
“When we assumed leadership, we did so with a clear-eyed understanding of the economic challenges. With a muted diamond outlook and growing fiscal constraints, we realized we couldn’t rely on business as usual.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“In recent months, we’ve done just that, engaging with local and international investors, multilateral development institutions, and key decision makers across regional and global platforms.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“We are already seeing early signs of progress. New investments being scoped, partnerships formed, and concessional funding discussions either concluded or well underway. These gains could never be secured from behind a desk in Gaborone.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“This is why highlevel missions and face-to-face negotiations with credible investors and governments are not only justified they are essential.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“They enable us to attract the technical know-how and financing we need, while keeping Botswana’s public finances on a sustainable path.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: Increased Investor Appetite for BW 26 May 2025
“We believe there’s more that can be done. When you look at diamond production in Botswana, a lot of technology emanates from De Beers. Even though our country has created a lot of engineers and diamond people, we haven’t been able to develop our capacity as a country, our own proprietary knowledge of the mining process. Botswana by now should really be a leader on the African continent, not based on De Beers – we should be in the lead in terms of our knowledge, we should be selling technology to miners across Africa. We should be conversant with all the processes from aggregation to mining, and leaders in a longer value chain as well as the design and manufacture of jewellery.”
Ndaba Gaolathe (born 1971) wikiquote, CC BY-SA 4.0 source
“BAMB is expected to benefit from commercialisation initiatives and potential public-private partnerships aimed at improving market responsiveness. “The Botswana Meat Commission is also earmarked for restructuring through a potential strategic joint venture, again intended to revitalise operations and attract private investment. “The WUC and BPC are prioritised for debt restructuring, infrastructure efficiency, and general improved strategy upgrades to address their persistent operational deficits. “Government is confident that our comprehensive governance reforms, strategic interventions alongside key partnerships will drive recovery of key commercial parastatals.”
Ndaba Gaolathe (born 1971) first seen 2025 wikiquote, CC BY-SA 4.0 source
Recorded in: SOE reform becomes urgency for gov’t 15 August 2025