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A familiar uncertainty sets over the economy

Hard times: The economy suffered its deepest contraction since Independence in 2020 when COVID-19 hit PIC: MORERI SEJAKGOMO
Hard times: The economy suffered its deepest contraction since Independence in 2020 when COVID-19 hit PIC: MORERI SEJAKGOMO

Debswana, the country’s main economic actor, is on track to break a six-year record in sales, while government reserves and the budget are also shaking off the COVID-19 slump. However, as has so often happened in recent years, dark clouds are gathering on the horizon, notes Staff Writer, MBONGENI MGUNI

To use American slang, the economy, which includes business activity, employment creation and the collective aspirations of Batswana, cannot seem to “catch a break”.

The boom economy which stretched from the late 1990s to the late 2000s with diamond and copper production reaching historic peaks, government surpluses rising to similar highs, while poverty and unemployment fell, seems a distant, wistful memory of consistency that policymakers and citizens desperately long for today.

Editor's Comment
The State apparatus must be sanitised

When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...

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