Mining sector forecast to grow 8 percent

A report by a UK company Business Monitor International (BMI) released this week says Botswana remains the highest-rated African country in their newly-updated Business Environment Rankings for Q110, with a score of 65 points.

"The country has a stable political situation and a well-developed mining sector, backed up by a sound regulatory framework," the report reads. "Over our forecast period from 2011 to 2015, we anticipate the mining sector to show an average growth rate of nearly eight percent per annum, as new projects in the copper, uranium and coal sectors come on stream."