Firms more upbeat as economy warms up

Buzzing again: The economy’s reopening is helping drive demand and support for businesses PIC: MORERI SEJAKGOMO
Buzzing again: The economy’s reopening is helping drive demand and support for businesses PIC: MORERI SEJAKGOMO

Local firms are feeling significantly more optimistic about the trading environment in the third quarter of the year and into the next 12 months, backed by the lifting of the State of Emergency (SOE) and its associated restrictions, BusinessWeek has learnt.

The latest edition of the Bank of Botswana (BoB) biannual Business Expectations Survey released this week, indicates that local firms are more upbeat about economic activity in the third quarter of the year, compared to the second quarter when they were pessimistic. The survey samples businesses across 13 different sectors and gauges their perceptions about the prevailing state of the economy as well as expectations going forward.

The State of Emergency ended on September 30 and the survey, therefore, covers views from when the restrictions were in place to the period after they were lifted.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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