Business confidence recovers as economy rebounds

Moses Pelaelo's BoB released the survey results on Monday
Moses Pelaelo's BoB released the survey results on Monday

The level of optimism amongst businesses seems to be increasing as economic growth continues on the recovery path, Bank of Botswana’s (BoB) latest Business Expectations Survey shows.

According to the survey, optimism amongst businesses strengthened from a confidence level of 43% in last year’s second half to 48% for the current survey period, and is expected to rise further in the survey horizon for both domestic market-oriented firms and exporters.

The economy grew by 4.3% in 2016 up from a negative of 1.7% in 2015.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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