Botswana’s new President, Duma Boko, has appointed Vice President Ndaba Gaolathe as finance minister, marking a pivotal begin for his administration. Analysts attribute Boko’s shock election victory to rising financial grievances, notably amongst younger Batswana, amid the nation’s financial downturn. Gaolathe faces the pressing job of addressing Gaborone’s financial slowdown, with progress anticipated to dip to 1% this yr on account of decreased diamond manufacturing. Acknowledging the nation’s monetary pressure, Boko emphasised the numerous problem forward, describing it as “uneven and turbulent waters.” In different key appointments, Boko named an opposition well being minister and an impartial lawmaker as deputy minister of agriculture. Nevertheless, he has but to call a brand new mining minister, a job that’s thought-about vital given Botswana’s standing because the world’s high diamond producer. Extra cupboard appointments are anticipated within the coming days.
SOURCE: REUTERS