Mmegi

Five reasons to be hopeful about the economy

Coming soon: NexMetal’s revival of BCL has already received support to the tune of $150m 
PIC: NEXMETALSMINING.COM
Coming soon: NexMetal’s revival of BCL has already received support to the tune of $150m PIC: NEXMETALSMINING.COM

The economy is likely to shrink again this year, due to the prolonged diamond downturn and government’s decreased ability to spend. However, despite the clouds, there are bright spots both now and into the future. Staff Writer, MBONGENI MGUNI writes on some of these

No one needs to be reminded that the economy is in trouble. It doesn’t take the 5.3% contraction in the second quarter to tell you that economic activity and opportunities have significantly tightened.

Much of the challenges are linked to the downturn in diamonds, which is now impacting on government revenues - the main driver of private sector activity and growth.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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