GDP numbers sparkle, but household and business struggle
Friday, December 22, 2017
Pic. KAGISO ONKATSWITSE
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.
A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...