Connect with us

Hi, what are you looking for?

Business

Revenue projections too ambitious- analysts

PORTFOLIO MANAGER: Pako Thupayagale

Analysts at a global investment managing firm, Ninety One, have dismissed the government’s projected revenue calling it ‘overly optimistic’.

Their analysis follows the Budget Speech presented by Minister of Finance and Economic Development, Peggy Serame last month.

Analysts at the firm, Leano Babitse and Onkabetse Tadubana, alongside Portfolio Manager, Pako Thupayagale say, given the inherent volatility in the commodity markets, Botswana government’s revenue projections are overly ambitious.

The budget deficit hit P16.4 billion or 9.4 percent of GDP in 2020/21 as revenue shortfalls we...

SING UP and Login to read full story. Thank you.

Click to comment




You May Also Like

Business

Ayoba Café Shisanyama BW opens in GC Located at Mogobe Plaza, Central Business District (CBD) in Gaborone, Ayoba Café Shisanyama is tipped to be...

Business

EU pump P64 million into three-year project In an attempt to improve the ease of doing business in Bots, while simultaneously seeking to ease...

Business

While most of his peers at Malaysia Multimedia University were fully focused on their studies, Mmoloki Mabisi balanced the books, expertly working out a...

Business

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...

Business

United Nations Development Programme (UNDP) has schooled the informal sector on financial literacy and how to better manage their business in a bid to...

News

Debiliscious' delicious extra With hair salons becoming almost as common as cows in the country, Debbie Khan knew she had to offer something a...

News

Full steam ahead for Wilderness Safaris Okavango Wilderness Safaris (OWS) has announced that their business operations are returning back to normal after two disruptive,...

Latest News

Supermarket launches grocery coupon scheme Payless Supermarket has launched a grocery coupon scheme which will allow customers to buy food commodities on credit and...

Advertisement

Copyright © TheVoiceBW. (Since1993) made with ❤️ in Botswana.