Census on businesses enters second phase
Friday, June 09, 2017
The first phase, which was conducted between October and December 2016, entailed listing of all business enterprises and establishments in the country.
Deputy statistician general, Burton Mguni informed a press conference in Gaborone on Wednesday that the second phase will continue until September this year and will collect and compile basic economic indicators from businesses in the formal sector. He said the main objective of the CEE II is to collect information from businesses pertaining to the type of business activity, revenue, expenditure, assets, stock, employment, ownership status, amongst other things.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...