Services sector drives economic growth

Friday, July 03, 2015

The services sector drove economic growth in the first quarter of the year as production in the country’s traditional economic mainstay, mining slowed.

According to figures released by Statistics Botswana this week, Real Gross Domestic Product (GDP) increased by 4.3 percent in the first quarter of 2015 compared to 3.6 percent accrued in the same quarter in 2014.

“At industry level, most of the increase was attributed to Trade, Hotels & Restaurants, General Government and Finance and Business services sectors which increased by 6.1, 5.6 and 5.4 percent respectively.

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