Gowans urges private sector to make full use of available opportunities
The 17th edition of the Botswana Confederation of Commerce Industry and Manpower (BOCCIM) Northern Trade Fair this year saw more than 200 businesses showcasing their products and services.
Officially opened by the newly appointed Managing Director of Debswana, Jim Gowans the show was held under the theme “The road to economic recovery powered by the private sector”.
According to Gowans, BNTF is a necessary platform for businesses to enhance themselves, their trading skills and to optimize opportunities available for growth.
“BOCCIM must be applauded for creating this platform but more credit goes to all businesses that have taken advantage of this platform for their individual benefit which ultimately translates to the benefit of all Batswana”, he said.
He further highlighted that trade opportunities are key to transforming economic diversity growth for private and small business which is the long term sustainability of the economy and eradication of poverty.
“According to the World Trade Organisation (WTO), it is trade that will mitigate the effects of the recent crisis. The WTO also indicates that developing country trade is projected to grow by 9.5 percent this year, while that of developed countries is set to grow only by 4.5 percent”, he said.
He thus urged all participating businesses at the BNTF to harness all opportunities that come their way and make maximum use of whatever platforms to enhance growth.
Gowans also said for the economy to recover, government will have to partner with the private sector to come up with a suitable solutions.
“The private sector is an important partner in what the government needs to do to overcome the many challenges emanating from the global economic crisis. Most of us are still reeling from the effects of the recession, but it is only ourselves who can influence that we emerge even stronger from the crisis”, said Gowans