The Ministry of Finance and staff from state-owned enterprises have received a call to embrace innovation as part of their efforts to enhance service delivery. Speaking at the commencement of a two-day leadership forum in Molepolole, Minister of Finance Ms. Peggy Serame emphasized the pivotal role of her ministry's employees in Botswana's economic development.
Ms. Serame urged each staff member to reflect on their contribution to economic transformation. The forum, conducted under the theme "Innovation for Economic Transformation and Growth," addressed challenges faced by the ministry, including monitoring the efficacy of public spending. Ms. Serame raised questions about the follow-up on allocated funds to various ministries to ensure a fruitful return on investment.
Participants in the forum, comprising senior ministry officials and CEOs of parastatals, were encouraged to maintain ongoing engagement with stakeholders to stay abreast of contemporary challenges and societal requirements.
Ms. Serame noted the conclusion of the ministry's 2017-23 strategic plan, urging the attendees to capitalize on the opportunity to formulate the next plan. Additionally, she shared her recognition as Africa's Finance Minister of the Year 2024 by The Banker magazine, attributing the achievement to the strong team supporting her.
Permanent Secretary in the ministry, Mr. Olesitse Masimega, highlighted the leadership forum against a backdrop of notable achievements, including Minister Serame's international recognition and the Botswana Stock Exchange (BSE) registering one of its best years.