Botswana businesses more optimistic than peers

Botswana has been ranked among the top ten countries in the emerging markets that are most optimistic about the economic outlook in 2015, according to a Grant Thornton International Business Report (IBR).

This is despite the general fall in confidence globally with the uncertainty weighing heavily on business growth prospects.  The report stated that Botswana, which is the only African country on the top list, ranked position seven with a business confidence of 54 percent. The most optimistic country in the top ten was India with a confidence rate of 98 percent followed by Ireland of 82 percent. Germany was the tenth most optimistic country with a rate of 51 percent. A total of 35 countries were surveyed in the index.

Under the surveyed categories, Botswana ranks top in businesses expecting an increase in investment over the next 12 months. Furthermore, over the  same period, 68 percent of businesses in Botswana are most likely to increase their staff headcount.

Editor's Comment
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This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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