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Growing Pains

Growing Pains
Diamonds continue to drive the economy

Local GDP projected to grow by 4.3 percent in 2022

Text breaker: In total, Botswana raked in a whopping P73.4 billion in diamond sales from September 2020 to 2021

Propelled by a vastly improved showing from diamonds, Botswana’s Gross Domestic Profit (GDP) is projected to grow by 4.3 percent over the 2022 financial year.

Despite this, in their annual report released last week, Bank of Botswana (BoB) warned there is still much uncertainty surrounding the country’s - and indeed the global - economy.

The potential for further Covid-19 outbreaks as well as the far-reaching financial i...

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