Botswana falling victim to SA protectionist measures
Botswana is reportedly falling victim to protectionist measures in South Africa leading to a major decline in exports.
In its recently-released review for the third quarter of 2019, local economic think tank, Econsult attributed the weakness in exports to many factors.
Chief amongst them is newly implemented South African regulations, in which the country’s government contracts specify 100 percent local content for certain products.
“This has affected one major Botswana exporter of manufactured goods particularly badly,” stresse...
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