Services pull economy out of red

Figures published by Statistics Botswana (SB) recently showed that from a 1.7% negative growth in 2015, the economy registered positive growth last year mainly due to significant contributions from trade, hotels and restaurants and transport and communications industries which recorded an increase in value added of 13.5% and 5.6% respectively.

All other industries recorded a positive growth with the exception of mining and agriculture, which declined by 3.7% and one percent respectively.