Businesses upbeat on 2019 prospects

Friday, January 11, 2019

Businesses generally expect better prospects this year, with stable inflation, reliable water and power supply anchoring greater borrowing, investment and expansion, the Bank of Botswana’s (BoB) latest business expectations survey shows.

Conducted and published twice a year, the survey involves a questionnaire distributed to 100 companies to gauge their confidence in certain macroeconomic indicators for the current and forthcoming periods.

The latest survey, released last week but conducted between September and October last year, shows that the majority of the 100 businesses sampled were optimistic about the conditions necessary for their sustenance and growth in 2019.

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