Inside the bittersweet “record” economic growth figures

Days of our lives: Fuel prices have increased by more than 40% on average in the last 24 months
Days of our lives: Fuel prices have increased by more than 40% on average in the last 24 months

The local economy’s robust rebound of 11.4% last year, the highest annual expansion since 1989, is not being felt in the streets where ordinary Batswana are battling to make ends meet. Economists unpack why the growth numbers are both important but little felt by the majority. Staff Writer, MBONGENI MGUNI reports

Cynics of economic growth figures frequently cite the quote made famous by US literary legend Mark Twain: “'There are three kinds of lies: lies, damned lies, and statistics”.

When Statistics Botswana recently announced that the local economy had expanded by 11.4% last year, the fastest growth since 1989, many cynics felt the data agency was either fiddling with the numbers or conveniently ignoring the troubles ordinary Batswana have been experiencing in recent years.

Editor's Comment
A woman’s right to choose: Or is it?

Here in Botswana, we have many single-parent households, mostly female-led, so what does that suggest? That some fathers choose to ditch the responsibility of caring for their children and leave them to the ones who carry them during pregnancy to do the heavy lifting.Of course, in other dynamics, there are instances where the father wants to keep the baby and the would-be mother does not want to, hence the saying ‘whose body is it anyway’.In...

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