mmegi

Fears of economic slowdown persist

Unbundling numbers: Cairns at the FNBB budget review PIC: FNBB FACEBOOK
Unbundling numbers: Cairns at the FNBB budget review PIC: FNBB FACEBOOK

The global economy is entering a period of slow growth which will likely last several years and impact Botswana, Rand Merchant Bank client strategist, John Cairns has said.

Key sectors such as diamonds and tourism, dependent on external demand, will be affected.

Speaking during First National Bank Botswana’s post-budget briefing recently, Cairns said an additional concern for Botswana was the uncertainty load-shedding was having on South Africa’s inflation outlook.

Editor's Comment
A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

Have a Story? Send Us a tip
arrow up