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Economy generally grows past pre-COVID levels

Tough times: The lockdowns and travel bans of 2020 depressed the economy which still bears some of the impact even today PIC: MORERI SEJAKGOMO
Tough times: The lockdowns and travel bans of 2020 depressed the economy which still bears some of the impact even today PIC: MORERI SEJAKGOMO

The economy expanded by 5.8 percent last year driven by strong output from diamond trade, mining and manufacturing, a performance that has helped most sectors surpass their pre-pandemic levels, BusinessWeek has established.

According to figures released by Statistics Botswana last Friday, the water and electricity sector led the pack in terms of growth last year with 48.6%, while value added by diamond traders rose 17.6% followed by manufacturing with 8.2 percent and mining/quarrying with 7.5 percent.

In terms of their contributions to the Gross Domestic Product (GDP), the measure of economic activity, mining and quarrying leads the pack, followed by public administration and defence, and the construction and wholesale industries.


Editor's Comment
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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