Power woes to restrict growth to under 5%

The electricity and water sub sector was the only economic sector to record negative growth in 2013
The electricity and water sub sector was the only economic sector to record negative growth in 2013

Economic growth is likely to be restricted to under five percent in 2014. This is in part due to the prevailing water and electricity shortages that have disrupted production across all economic sectors, analysts reckon.


Powered by a rebound in diamond production, the economy beat analyst’s expectations to grow by an impressive 5.9 percent in 2013 reversing a three-year streak in which the economy grew at a slowing rate.

Editor's Comment
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