FAQ's     Links         
Google
   
     
 

Botswana economy grows 7.2%
01-04-2011

Botswana's economy grew by 7,2 per cent in 2010 after shrinking 4,9 per cent the year before, data from the Central Statistics Office showed.

"The main drivers to the increase was mining, trade hotels and restaurants and the contractors in the construction industry," the statistics agency said on its website.

The Bank of Botswana last month left its bank rate unchanged at 9,5 per cent, saying the domestic and external economic outlook, as well as the inflation forecast, suggested maintaining the prevailing level was consistent with bringing inflation into a three to six per cent target band.

The statistics office said earlier this month inflation in the world's largest diamond producer quickened to 8,5 per cent year-on-year in February from 7,9 per cent in January. Diamonds account for about 40 per cent of the southern African country's GDP.

By Africainvestor

 

 
 

08-08-2012
Commodity Exchange secures P520m funding

02-05-2012
Notification on Establishment of the BITC as a Result of the Merger between BEDIA and IFSC

18-04-2012
Sub-Saharan set for faster growth on commodities: World Bank

25-03-2012
Botswana steps up campaign to woo investors

25-03-2012
IFSC sells itself to the South African businesses

View all articles


More Links...
   Media Centre
 News & Press Releases
     News Archives
 Publications
 Speeches and Presentations
 Photo Gallery
 Corporate Video/Ad



Botswana IFSC - Disclaimer - Sitemap | Designed & Developed by MindQ