Diversification, key to sustainable growth

The falling global commodity prices, including a diminishing market for Botswana’s diamonds has exposed the country’s vulnerability to external economic shocks. Heavily dependent on diamonds for fiscal and export revenue, the country’s economy suffered setbacks in economic growth as a result of weak external demand for diamonds.

This could be the reason why Moshie Ratsebe, director of investment promotion at the Botswana Investment and Trade Centre (BITC) suggested the need to diversify agricultural production and promote potential for investments.

He noted that the agricultural sector is envisioned as a source of economic growth and job creation.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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