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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...