Businesses less optimistic about 2010 - Survey

Businesses in Botswana are becoming less optimistic about their 2010 prospects than they were last year as negative expectations on regulations, red tape and lack of skilled manpower take hold.

According to a survey carried out by international accounting and consultancy firm, Grant Thornton, Botswana business expectations for employment growth, revenues and profitability remain positive while bureaucracy and a lack of skilled workers are holding businesses back.

As a result, the country's optimism level has fallen 19 percentage points from +81 percent in 2009 to +62 percent in 2010.
This compares unfavourably with optimism among businesses globally, which rose by 40 percentage points to +24 percent from -16 percent.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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