Services sector anchors economic growth

Lansmore Hotel
Lansmore Hotel

The services sector was again the driver of economic growth in the second quarter of the year as slowing diamond production continued to negatively affect the mining industry’s contribution.

Data released by Statistics Botswana (SB) this week shows that economic growth as measured by Real Gross Domestic Product (GDP) went up by 2.5 percent in the second quarter of 2015 compared to 3.4 percent realised in the same quarter in 2014.

Economic sectors that recorded positive economic growth include trade and hotel, finance and business services sector while the mining and electricity and water sector registered negative growth.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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