Botswana faces widespread job losses

Sunday Standard

Botswana faces widespread job losses

Botswana is facing worsening economic conditions that could trigger widespread job losses which are expected to place households, businesses and the country’s financial system under severe strain.

The warning is contained in the latest Financial Stability Report prepared by the Bank in collaboration with member institutions of the Financial Stability Council (FSC) which identifies unemployment as one of the most significant threats facing Botswana’s economy.

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The post Botswana faces widespread job losses first appeared on Sunday Standard and is written by Khonani Ontebetse