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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Influence of Entrepreneurs on Rural Town Development in Botswana
Author:Jones-Dube, Elvyn
Periodical:Botswana Notes and Records (ISSN 0525-5090)
Notes:biblio. refs., ills.
Geographic terms:Botswana
Southern Africa
economic policy
Development and Technology
Economics and Trade
Labor and Employment
Economics, Commerce
rural development
Cities and towns
External links:https://www.jstor.org/stable/40980841
Abstract:This paper outlines the historical process which has impeded significant indigenous entrepreneurial development in Botswana. Politics, economics and racialism played major roles in the early development of indigenous entrepreneurship in Botswana. European and Asian predominance in trade and the exploitation of economic opportunities coupled with infrastructural, training and capital constraints have all contributed to slow indigenous entrepreneurial development. As a result, indigenous Tswana stand at the lowest rung of the commercial and industrial sectors and are unlikely to gain control of their own economy in the sectors that matter, without massive and coordinated inputs from the government. The government's concentration on mining and beef production as the main sources of government revenue, to the detriment of agricultural production in rural areas, has also retarded entrepreneurial development. These factors indicate the limited role indigenous entrepreneurs have been able to play in rural development. However, since the 1970s the government has pursued strategies to combat the country's major economic ills. The Financial Assistance Policy, which came into effect on May 1, 1982, was initiated to provide the capital and business advisory services which indigenous Tswana lacked. Bibliogr.