Optimism improves amongst local firms but concerns persist

Heart of the city: More firms are optimistic about operating conditions in the fiscal year PIC: MORERI SEJAKGOMO
Heart of the city: More firms are optimistic about operating conditions in the fiscal year PIC: MORERI SEJAKGOMO

Local firms are more positive about operating conditions in the economy for the period through to March next year, although they still expect pressure on profits and their ability to create employment, BusinessWeek has learnt.

The views are contained in the latest edition of the Bank of Botswana’s (BoB) Business Expectations Survey (BES) released on Tuesday.

The BES is conducted quarterly amongst a sample of firms representing most economic sectors and comprises different-sized entities which are both inward and export-facing.


Editor's Comment
Masisi should avoid diplomatic tensions

Mokgweetsi Masisi’s recent spats regarding the supposed involvement of Eswatini and South Africa in accommodating former president Ian Khama have sparked concerns about the potential ramifications on diplomatic relations. While transparency is valued, it must be accompanied by strategic communication to mitigate unintended consequences.President Masisi’s comments during a diplomatic heads meeting have drawn attention to the delicate balance...

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