Economic contraction ‘lands softly’ in 2025
Friday, April 03, 2026 | 120 Views |
Leading policy: The Finance Ministry has been fighting fires for years
The economy averted a major slowdown due to 8.2% growth in the third quarter, driven by diamond production ramping up in anticipation of mining maintenance plans.
The fourth quarter of 2025 recorded a year-on-year decline of 5.4%, mainly due to lower production in the mining and quarrying sector. The decline was mainly attributable to reduced output at the country’s diamond mines, which have carried the bulk of Botswana’s national output over the years.
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...