Moody�s reaffirms Botswana�s sovereign credit rating
Friday, December 12, 2014
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However, the rating agency notes that the economy’s heavy reliance on the diamond industry and the relatively slow pace of economic diversification remain key weaknesses for the rating over the long term.
In making the assessment, the agency emphasises the country’s sound policy framework, effectiveness of government and a track record of prudent fiscal policies, which result in continued strengthening of the government’s net financial position.
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...