mmegi

Fears of economic slowdown persist

Unbundling numbers: Cairns at the FNBB budget review PIC: FNBB FACEBOOK
Unbundling numbers: Cairns at the FNBB budget review PIC: FNBB FACEBOOK

The global economy is entering a period of slow growth which will likely last several years and impact Botswana, Rand Merchant Bank client strategist, John Cairns has said.

Key sectors such as diamonds and tourism, dependent on external demand, will be affected.

Speaking during First National Bank Botswana’s post-budget briefing recently, Cairns said an additional concern for Botswana was the uncertainty load-shedding was having on South Africa’s inflation outlook.

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

Have a Story? Send Us a tip
arrow up