Shock as unemployment levels decline
Wednesday, August 16, 2017
Statistics Botswana statistician general, Anna Majelantle told the media yesterday that Botswana’s total population aged 18 years and above was estimated at 1.268 million of which 838,002 were economically active.
“Of the 838,002 economically active population, 147,101 were unemployed with the private sector remaining the largest employer at 44.6%.
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...