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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Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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