Services sector anchors economic growth
Friday, October 02, 2015
Lansmore Hotel
Data released by Statistics Botswana (SB) this week shows that economic growth as measured by Real Gross Domestic Product (GDP) went up by 2.5 percent in the second quarter of 2015 compared to 3.4 percent realised in the same quarter in 2014.
Economic sectors that recorded positive economic growth include trade and hotel, finance and business services sector while the mining and electricity and water sector registered negative growth.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...