Page 18 - Statistics Botswana News Today

Mining output drops by 27% in 2020 Q4 Diamond production fell hugely by 28% BAKANG TIRO editors@thepatriot.co.bw Key data released by Statistics Botswana (SB) suggests a record economic contraction in the local mining sector with mining production having declined by 27.1% in the fourth quarter of 2020. Statistician General Dr Burton Mguni said the index of mining production stood at 64.0 during the fourth quarter of 2020, showing a negative year-on-year growth of 27.1% from 87.8% in Q4 2019. Th...

INSET: Basele A plethora of taxes and levies introduced at the beginning of this month is expected to erode consumers’ purchasing power, experts have warned. Speaking to Voice Money, Quantitative Analyst at First National Bank Botswana (FNBB), Gomolemo Basele, said the tax pronouncements for 2021 will undoubtedly erode the purchasing power of local households in the short- to medium-term – especially against a backdrop of low real wage growth and unemployment challenges due to the ne...

Trade unions dismiss Serame’s clai20 000 jobs lost according to Statistics Botswana BAKANG TIRO editors@thepatriot.co.bw Trade unions has poured cold water on the announcement by Minister of Trade and Industry (MITI) Peggy Serame that her ministry facilitated the creation of a total of 10 951 jobs in 2020. Serame made the statement in parliament last week Thursday while presenting the committee of supply budget proposals for her ministry emphasizing that the jobs are against 11 400 target. Un...

Botswana Guardian Tlotlo Mbazo - BG reporter Dikoloti The emergence of COVID-19 has burdened the health system and made the fight against HIV/AIDS heavier. However, the results of the Botswana AIDS Impact Survey (BAIS V) are expected to enhance policy-making and planning. Acting National Coordinator at National Aids and Health Promotion Agency (NAHPA), Robert Selato says BAIS V survey has incorporated the COVID-19 pandemic and accommodated options for survey respondents ...

10th March 2021 Alongside South Africa, Zimbabwe, Namibia and other SADC countries, Botswana is one of the world’s most unequal countries in the world in terms of wealth and income. What is even more disturbing though is a new revelation that the extent of such inequality remains unknown. That is because available information on Botswana’s income and wealth distribution is also among the scarcest in the world. A Paris-based research project called the World Inequality Database has dev...

10th March 2021 The narrative that Botswana is a Toyota country continues to play itself out as the Japanese car-maker is still occupies the number one spot in the local vehicle market. Vehicle registrations data compiled by the national statistics agency – Statistics Botswana (SB) for the third quarter of 2020 (Q3:2020) shows that Toyota registered 37.5 percent of total first registrations, proving to be the most popular make in the country.  Honda and Mazda followed with 10.7 and 10.3 ...

7th February 2021 Botswana’s rate of job creation during 2020 was as slow as its COVID 19 vaccine roll out plan, figures published by the national data agency – Statistics Botswana suggest.  According to the Statistics Botswana’s Labour Force Module of the Quarterly Multi Topic Survey (QMTS), formal sector employment in Botswana went down from 492,914 in quarter one of 2020 to 477,716 in the last quarter (Q4: 2020). This reflects a decrease of 3.1 percent. The survey further sho...

28th January 2021 Times maybe uncertain in this Covid-19 era, but one thing not to be missed is the annual Mining Indaba, the African mining industry’s major conference that usually takes place in Cape Town, South Africa.  The organizers of this largely attended conference, Investing in Africa Mining Indaba, have planned to host this event through virtual platform, where Botswana’s President Mokgweetsi Masisi will give a presidential keynote address.  Masisi will be joining the already co...

The heavy decline of the mining sector performance recorded in the third quarter of last year is likely to push the economy further into recession af...