BoB expects economy to miss 4.2% growth projection
Friday, June 21, 2024 | 380 Views |
Influencing policy: Dekop says more impetus is needed to improve implementation in government PIC PHATSIMO KAPENG
Growth narrowed to 2.7% last year from 5.5% in 2022, due largely to a downturn in diamond mining in the second half of 2023, as global uncertainties and market issues dampened the retail market.
During a briefing on Tuesday, the Bank’s director of research and financial stability, Innocent Molalapata, told BusinessWeek that the economy’s performance in the first half of the year was an indication that the 4.2% growth forecast would likely be missed.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...