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The Citizen Economic Empowerment Policy (CEE Policy).

Country
Type of law
Policy
Source

Abstract
The Citizen Economic Empowerment Policy (CEE Policy) 2012 defines Citizen Economic Empowerment as a set of inter-related interventions aimed at strengthening the ability of citizens to own, manage and control resources, and the flexibility to exercise options, which will enable Batswana to generate income and wealth through a sustainable, resilient and diversified economy. The policy aims at development of skills and knowledge in order for citizens to be able to realize their full potential, build capacity for private sector to grow business through technical and managerial skills and, to infuse entrepreneurial culture in order to build a foundation for global competitiveness at all levels.
Firstly the CEE Policy will be creating an enabling environment that will address various objectives, acceleration of wealth creation and economic growth through releasing the potential of citizens and making assets in the public sector accessible to citizens. In addition, Government will reserve shares from privatized entities to promote wider shareholding participation among citizens. To participate in economic activities outside the country joint venture facilitation through investment promotion institutions and cross border investments ought to be intensified.
In order to reduce poverty in the rural areas, investment in purely social security and subsistence agricultural support schemes will be implemented through programmes such as the use of labour only contractors, promotion of community based contractors, increased out-sourcing of maintenance activities, literacy, business acumen and entrepreneurial skills development so as to infuse entrepreneurship culture among citizens. In addition, to facilitate and accelerate the admission of female students and people with disabilities, tertiary educational institutions should set targets for admission of such, and proactively canvas for applications through career guidance initiatives. The Policy also proposes the use of the national budget as an empowerment tool.
Vital to the implementation of the CEE Policy is Human Capital Development (HCD). This is needed to equip Batswana with appropriate skills, competencies and abilities to take advantage of economic opportunities, to manage, own business entities and be competitive in the economy.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No