Manufacturing dwarfs mining as fastest growing industrial sector
Friday, August 03, 2012
Historical data released by Statistics Botswana this week indicates that between 2001 and 2011, the average rate of growth in manufacturing eclipsed mining's 1.48 percent and the government-supported water and electricity sector's 5.2 percent. For Statistics Botswana, the industrial sector is composed of manufacturing, mining/quarrying and water/electricity.
According to the data, real growth rates in manufacturing in the decade up to 2011 peaked at 17.5 percent in 2007 and 12.1 percent last year, while contracting most significantly in 2009 by 4.8 percent.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...