Botswana May Fall Short of 4,2pc Growth Target

Botswana’s economy may fall short of the government’s 4,2 percent growth target for this year, a senior central bank official said on Tuesday, citing global and domestic constraints.

Finance minister Peggy Serame projected a 4,2 percent increase in gross domestic product in a budget speech in February, saying the government expected growth to accelerate from 2023 due to an improved performance in the diamond sector. Gross domestic product grew 2,7 percent in 2023.

However, Botswana’s mining…