Botswana headed for crippling recession?

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There is no doubt that given the prevailing global credit crunch Botswana's economy is going to experience a slow-down.Is Botswana headed for recession?Mmegi Staff Writer WANETSHA MOSINYI asks some of the local analysts

The impact of the global financial crisis has definitely hit the mining sector, which is a key contributor to the country's gross domestic product (GDP). The world's economies are currently in recession.  Recession means a period of negative economic growth. 

In most parts of the world, a recession is technically defined as two consecutive quarters of negative economic growth, when real output falls.

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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