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.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...