Power woes to restrict growth to under 5%

Friday, April 04, 2014

The electricity and water sub sector was the only economic sector to record negative growth in 2013

Economic growth is likely to be restricted to under five percent in 2014. This is in part due to the prevailing water and electricity shortages that have disrupted production across all economic sectors, analysts reckon.

Powered by a rebound in diamond production, the economy beat analyst’s expectations to grow by an impressive 5.9 percent in 2013 reversing a three-year streak in which the economy grew at a slowing rate.

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Power woes to restrict growth to under 5%

Economic growth is likely to be restricted to under five percent in 2014. This is in part due to the prevailing water and electricity shortages that have disrupted production across all economic sectors, analysts reckon.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Inspect the voters' roll!