Skip to content

Ndaba Gaolathe Quotes

b. 1972

Ndaba Gaolathe ( born in September 1972). He is the current Botswana Vice president and minister of Finance.

Random Ndaba Gaolathe quote

85 quotes

To be clear, we inherited a government machinery plagued by deeply entrenched systemic inefficiencies that have crippled progress and development.

Unlike many frameworks that emphasise policy design, BFR is unapologetically delivery oriented, embedding accountability, measurable milestones and timely outcomes.

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.

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.

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.

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.

Let us not merely imagine Africa’s potential. Let us unleash it. Let us not think in billions, but in trillions.

As at end of June 2025, only 19 out of 62 SOEs submitted responses.

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.

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.

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.

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.

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.

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.

We must live within our means and build a more resilient economy,”

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.

The US does not have diamonds.

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.

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.

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.

Attribution

Quotes and notes from Wikiquote: Ndaba Gaolathe (page history), available under CC BY-SA 4.0.