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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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