“This year, ushering in the Year of the Horse, a symbol in Chinese culture of energy, perseverance, strength, and forward momentum. These qualities resonate deeply with the enduring spirit of friendship, cooperation, and progress that characterise the relationship between Botswana and China,” Mohwasa said during the Chinese Spring Festival. Furthermore, he said, last year marked a significant milestone, the celebration of 50 years of diplomatic relations between Botswana and China.
Moreover, he said this anniversary reflects decades of unwavering friendship and collaboration that have yielded tangible benefits for both nations. These are not ordinary times. Yet, history reminds us that this nation has navigated difficult waters before and did so by clinging firmly to the principles of prudence and macroeconomic stability.
From independence in 1966, Botswana chose a path few resource-rich countries managed to sustain. Diamond revenues were not treated as windfalls for reckless expansion, but as capital to be managed with caution. The establishment of fiscal rules,…
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