Diamonds, Morupule B power GDP data

Morupule B
Morupule B

Recovery in diamond production coupled with the coming on stream of first power from the troubled Morupule B drove economic activity, measured by Gross Domestic Product (GDP), in the third quarter of 2013.

According to recently released numbers by Statistics Botswana, real GDP increased by 7.1 percent in the third quarter of 2013 compared to an increase of 2.9 percent realised in the same quarter of 2012. In the first and second quarters of 2013, the economy grew by 4.5 and 7.4 percent on the annual basis respectively.

The substantial third quarter growth is attributed to mining, water and electricity and general government which recorded higher growths of 21.2, 68.2 and 7.2 percent respectively.

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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