Economy powers past pre-COVID levels

Grinding on: Copper exports doubled in the first quarter of the year, compared to last year, helped by Khoemacau’s operations PIC: KHOEMACAU.COM
Grinding on: Copper exports doubled in the first quarter of the year, compared to last year, helped by Khoemacau’s operations PIC: KHOEMACAU.COM

The economy expanded by 5.4 percent in the first quarter, powered by mining and greater electricity generation, to move past its pre-pandemic levels, although growth remains uneven across sectors.

Gross Domestic Product (GDP) figures released by Statistics Botswana indicate that while all sectors monitored by the data agency recorded positive growth of more than 0.3 percent in the first quarter, electricity and mining and quarrying led the pack with 19.3% and 10.8% respectively.

The electricity sector’s performance was anchored in greater generation at the Morupule power stations, which saw the volume of electricity imports drop by 25.1% in the first quarter. Statistics Botswana estimates that generation at Morupule A and B increased by nearly 40% in the first quarter. However, the country suffered short-lived power blackouts in the second quarter due to transmission line failures.


Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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