Diamond rebound powers 2013 economic growth

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Economy growth, as measured by Real Gross Domestic Product (GDP), picked up pace to jump by 5.9 percent in 2013 compared to a revised 4.3 percent in 2012. This was largely on the back of increased diamond production.

Last year’s increase in the rate of growth reversed a three year streak in which the economy grew at a slowing rate.

In 2010, the economy grew by 8.6 percent but slowed down to 6.2 percent the next year before further declining to 4.3 percent in 2012.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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