Pressure on households seen persisting
Thursday, April 13, 2017
Last week, Statistics Botswana released the 2016 full-year economic growth figures, which showed a significant improvement in real gross domestic product (GDP) to 4.3% from a negative growth rate of 1.7% in 2015. However, the statistics show that consumption expenditure remained contained in the year largely due to static disposal incomes for households.
First National Bank Botswana (FNBB) market strategist, Moatlhodi Sebabole said national economic growth still has limited multiplier effect as consumption expenditure growth remained low at 1.7% in 2016, compared to 3.6% and 3.5% in 2014 and 2015 respectively.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...