A familiar uncertainty sets over the economy
Monday, August 08, 2022 | 1530 Views |
Hard times: The economy suffered its deepest contraction since Independence in 2020 when COVID-19 hit PIC: MORERI SEJAKGOMO
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.
‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...