"Efforts are underway to create a new fully-fledged Sovereign Wealth Fund. “This fund will invest in sustainable domestic and foreign assets across various industries, thereby transforming resource wealth into financial wealth."
Ndaba Nkosinathi Gaolathe is a Motswana economist and politician, currently serving as Vice-President of Botswana and Minister of Finance since 7 November 2024, under President Duma Boko. Gaolathe is the leader of the Alliance for Progressives, one of the parties within the ruling coalition Umbrella for Democratic Change (UDC). He is also an elected member of the National Assembly of Botswana for
Ndaba Nkosinathi Gaolathe is a Motswana economist and politician, currently serving as Vice-President of Botswana and Minister of Finance since 7 November 2024, under President Duma Boko. Gaolathe is the leader of the Alliance for Progressives, one of the parties within the ruling coalition Umbrella for Democratic Change (UDC). He is also an elected member of the National Assembly of Botswana for
View all quotes by Ndaba Gaolathe"One of the big ticket issues that we are looking at with the President is the issue of how we modernise, revitalize, reconfigure state-owned enterprises so that they punch at their weight or more than their weight, as opposed to the punching below of the weight that they do."
Ndaba Gaolathe"As at end of June 2025, only 19 out of 62 SOEs submitted responses."
Ndaba Gaolathe"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."
Ndaba Gaolathe"Yet, despite this bleak picture, I have a hope in me that is rising like a phoenix. Mr Speaker, we in the new Botswana have the hope that collectively we will turn the tide."
Ndaba Gaolathe"I remember in 2017 when we experienced upheavals, when there was strife and discord. I remember that time it seemed like there was confusion and like it was all lost. The cynics, the skeptics, nonbelievers said this was not possible."
Ndaba Gaolathe"Unlike many frameworks that emphasise policy design, BFR is unapologetically delivery oriented, embedding accountability, measurable milestones and timely outcomes."
Ndaba Gaolathe