Mmegi

Economy survives first half: Nervy H2 beckons

Uphill task: Gaolathe is fighting to steer the budget and the economy back on track, while minimising pain to citizens PIC: KENNEDY RAMOKONE
Uphill task: Gaolathe is fighting to steer the budget and the economy back on track, while minimising pain to citizens PIC: KENNEDY RAMOKONE

The first half of the year has offered little relief from last year’s gloomy economic conditions, with key macroeconomic indicators still under pressure.

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.

Editor's Comment
BDF visitation approval a welcome development

BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...

Have a Story? Send Us a tip
arrow up