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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
Appeal to public transport operators to exercise caution

Those who occasionally use highways like the A1 and A3 roads will bear testimony to have experienced this firsthand as they have been overtaken by overspeeding buses. Sadly, some of the passengers are the ones who urge some bus drivers to overspeed.The result of this madness is the horrific accident that claimed lives of nine people on Sunday evening near Lechana settlement along the A1 Highway.It is reported that the incident occurred after the...

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