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Covid stain remains on economy despite rebound

Desperate days: The COVID-19 restrictions resulted in record economic contraction in 2020 PIC: PHATSIMO KAPENG
Desperate days: The COVID-19 restrictions resulted in record economic contraction in 2020 PIC: PHATSIMO KAPENG

The local economy is yet to fully get out from under the impact of COVID-19, with most sectors performing below their pre-pandemic levels despite the robust rebound recorded recently, BusinessWeek has established.

Real Gross Domestic Product (GDP) increased by seven percent year-on-year in the first quarter of the year, compared to one percent over the same period last year, according to data released recently by Statistics Botswana.

The growth came after a strong rebound of 11.4% in the economy in 2021.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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