Botswana growth forecast slashed
Friday, June 15, 2012
The forecasts are made in the latest edition of the World Bank's Global Economic Prospects report issued worldwide on Tuesday.
According to the report, the major threats facing the local economy this year will come from the troubled Eurozone as well as the extent of the slowdown in China's economy. China's slowdown, or the much-discussed soft or hard landing, is widely expected following years of rapid economic growth. With the Oriental giant now the world's biggest consumer of base metals and the second largest market for diamonds, a hard landing would impact Botswana and other producers.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...