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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
BDF visitation approval a welcome development

BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...

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