GDP numbers sparkle, but household and business struggle

Pic. KAGISO ONKATSWITSE
Pic. KAGISO ONKATSWITSE

The economy is seen growing by a healthy 4.7% this year up from an equally satisfactory 3.7% last year but the situation on the ground does not paint a picture of such a ticking economy with many businesses and households remaining under pressure.

In September, the Ministry of Finance officials revised the 2017 growth estimate to 4.7% from 4.2% projected in February as higher output from the services sectors and the end of a drought eased pressure on major industries.

But numbers show that households and business are increasingly playing a lesser role in driving the economy and analysts believe the anomaly between the sparkling economic growth numbers and the struggling household is a reflection of Botswana’s economic structural set up.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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