<p><strong>COVID-19 to choke Botswana GDP Q1 2020 flow - </strong>Economists and think tanks do not expect Botswana’s GDP to remain immune to the damaging impacts of COVID-19 on the local economy; so far the country should already be feeling the knock in the just ended first quarter of 2020 which became the subject of lockdown and State of Emergency. <em><strong>(WeekendPost)</strong></em></p><p><strong>Stan Chart income flat at</strong> P726m - Standard Chartered Bank Botswana’s total income remained flat in 2019 while costs went down, coupled with an improved liquidity, enhanced efficiency in liability deployment and a more optimal asset pricing led to improved returns. <em><strong>(The Patriot on Sunday)</strong></em></p><p><strong>BSE contributes P100, 000 to COVID-19 Relief Fund - </strong>The Botswana Stock Exchange Limited (BSEL) is pleased to inform members of the public that the Stock Exchange has contributed P100,000.00 towards the Government COVID-19 Relief Fund in support of efforts to fight the impact of the COVID-19 pandemic to Botswana’s Economy and our fellow Batswana. <em><strong>(The Patriot on Sunday)</strong></em></p><p><strong>Sub-Saharan Africa to lose $70 billion to COVID-19 - World Bank - </strong>The COVID-19 outbreak has set off the first recession in the Sun-Saharan African region in 25 years, with growth forecast at -5.1% for 2020 from a modest 2.4% in 2019; this is according to the latest African Pulse, the World Bank’s bi-annual analysis of the state of the region’s economies. <em><strong>(WeekendPost)</strong></em></p><p><strong>Global economic growth to slow down 3% in 2020 – IMF - </strong>The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. <em><strong>(WeekendPost)</strong></em></p>
<p><strong>COVID-19 to choke Botswana GDP Q1 2020 flow - </strong>Economists and think tanks do not expect Botswana’s GDP to remain immune to the damaging impacts of COVID-19 on the local economy; so far the country should already be feeling the knock in the just ended first quarter of 2020 which became the subject of lockdown and State of Emergency. <em><strong>(WeekendPost)</strong></em></p><p><strong>Stan Chart income flat at</strong> P726m - Standard Chartered Bank Botswana’s total income remained flat in 2019 while costs went down, coupled with an improved liquidity, enhanced efficiency in liability deployment and a more optimal asset pricing led to improved returns. <em><strong>(The Patriot on Sunday)</strong></em></p><p><strong>BSE contributes P100, 000 to COVID-19 Relief Fund - </strong>The Botswana Stock Exchange Limited (BSEL) is pleased to inform members of the public that the Stock Exchange has contributed P100,000.00 towards the Government COVID-19 Relief Fund in support of efforts to fight the impact of the COVID-19 pandemic to Botswana’s Economy and our fellow Batswana. <em><strong>(The Patriot on Sunday)</strong></em></p><p><strong>Sub-Saharan Africa to lose $70 billion to COVID-19 - World Bank - </strong>The COVID-19 outbreak has set off the first recession in the Sun-Saharan African region in 25 years, with growth forecast at -5.1% for 2020 from a modest 2.4% in 2019; this is according to the latest African Pulse, the World Bank’s bi-annual analysis of the state of the region’s economies. <em><strong>(WeekendPost)</strong></em></p><p><strong>Global economic growth to slow down 3% in 2020 – IMF - </strong>The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. <em><strong>(WeekendPost)</strong></em></p>
