Tourism to inject P6.5bn into economy
Friday, March 27, 2015
According to the World Travel and Tourism Council (WTTC) 2015 report, the direct contribution of travel and tourism to Gross Domestic Product (GDP) in 2014 was P6.2 billion up from P5.2 billion in 2013.
“This is forecast to rise by five percent to P6, 45 billion in 2015. This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services excluding commuter services.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...