He also confirmed the commitment of Ethiopia to remove the
impediments facing the economic integration between the two countries and reactivate work of the joint political, social, social and joint border committees.
They will discuss different themes including the idea of Islamization of laws, role of the constitutional institutions: focusing on the parliament, provincial assemblies, Shariat appellate bench, Federal Shariat Court, and the Council of Islamic Ideology, various
impediments to the process of Islamization of the laws and Islamization of laws: future prospects.
The consultative meetings with leaders of the corporate world were aimed at identifying systematic bottlenecks and regulatory anomalies that stakeholders feel are an
impediment to the ease of doing business.
For the purpose, Farrukh Sabzwari has initiated dialogue with leaders of business associations to have their perspective on the practical
impediments faced by the corporate sector in implementing the Companies Act, 2017.
He said that removal of
impediments in release of salaries and pensions was top priority of the Accounts Office, adding any hurdle on part of Accounts Office could adversely affect the functioning of government departments.
'However, there is another legal
impediment, which is Section 9 of the Parliamentary Rights and Privileges Act, whereby it expressly prohibits any reports of the committee or evidence adduced in the committee to be made public, prior to the reports being made,' the Ipoh Barat MP added.
'Based on the ranking of mortgage market constraints, banks identified the high cost of housing units, high cost of land, high incidental cost and difficulties with property registration as major
impediments to the growth of their mortgage portfolios as opposed to 2016 where low income levels were cited as the major
impediments,' said the CBK.
District authorities have been asked to rally behind President Mokgweetsi Masisi's roadmap which aims at removing
impediments that frustrate doing business in Botswana.
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"Of course, under present conditions there are
impediments on the way: Banking relations with Europe are not yet fixed."
Removing such
impediments will allow resources to move more freely so they can be put into more productive use, he said.
