Tourism, critical contributor to Botswana's economy

Dereck Joubert
Dereck Joubert

Tourism is playing an increasingly important role in the global economy, contributing five percent of gross domestic product (GDP), 30% of service exports, and 235 million jobs. That's according to the Brookings report Africa’s tourism potential trends, drivers, opportunities and strategies.

The report found that by 2030, consumer spending on tourism, hospitality, and recreation in Africa is projected to reach about $261.77 billion, $137.87 billion more than in 2015. From 1998 to 2015, the report notes, service exports such as tourism have grown about six times faster than merchandise exports in Africa.

Given these trends, the travel and tourism industry has significant potential in Botswana, notably due to the country’s rich natural resources and our potential to further develop cultural heritage and economic growth.

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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