Fears of economic slowdown persist
Friday, February 17, 2023 | 730 Views |
Unbundling numbers: Cairns at the FNBB budget review PIC: FNBB FACEBOOK
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.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...