Economy survives first half: Nervy H2 beckons
Friday, July 18, 2025 | 600 Views |
Uphill task: Gaolathe is fighting to steer the budget and the economy back on track, while minimising pain to citizens PIC: KENNEDY RAMOKONE
The prolonged downturn in the diamond market remains the main drag on growth, weighing heavily on the overall economy. The muted growth in the first two quarters spells a steeper downturn for the second half.
Botswana’s single commodity economy has always been a mirror reflection of the state of the diamond market, with turbulences in this market leading to problems for the government purse.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...