Top economic events to watch for in 2025

Friday, January 10, 2025 | 1030 Views |

Bearing the load: Gaolathe’s maiden budget speech, expected to be one of difficult decisions, is eagerly anticipated PIC: PHATSIMO KAPENG

The possibility of the worst economic contraction since Covid and a deficit sharply beyond forecasts, are amongst issues to watch for this year, alongside the first manganese production and the finalisation of the De Beers deal. Staff Writers, MBONGENI MGUNI, TIMOTHY LEWANIKA & LUCY KGWEETSI report

The possible increase in the forecast budget deficit to P11.4 billion, from the original projection of P8.7 billion, as well as the likelihood of the deepest economic contraction since COVID-19, make 2025 a difficult year for Batswana.

Whilst the non-mining sector has proved largely resilient, somewhat ameliorating the prolonged diamond slump, third quarter growth figures showed challenges in sectors such as agriculture and manufacturing. Both are important engines of employment and self-sufficiency.

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