Flagging economy needs robust credit growth
Tuesday, April 14, 2015
BoB govenor Linah Mohohlo
Last week, Statistics Botswana announced that Gross Domestic Product (GDP) grew by 4.4 percent in 2014, the lowest growth rate recorded in the post 2009-recession period.
Government had estimated an economic growth rate of 5.2 percent in 2014, while the International Monetary Fund (IMF) had forecast a GDP growth rate of 4.9 percent in the year.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...