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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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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