Economy still in red despite exports recovery

In a second quarter economic review report, the Chairman of the Bifm Investment Committee Dr Keith Jefferis says even though recovery to historic levels might still be a long way off, evidence of recent trade data shows that the worst of the crisis may be over with regards to Botswana's exports.

However, for the economy in general, another twelve months is still required for a complete rebound, as non-mining sectors such as tourism are still to feel the worst of the global economic recession pinch