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    Botswana’s women boxing on the rise 

    Boxers Finally Receive their Prize Money from 2022 African Championships

    Darts Expects Only P50K from BNSC for 2023/24

    Darts Expects Only P50K from BNSC for 2023/24

    Botswana athletes to train in USA

    Botswana athletes to train in USA

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    April will see 2nd Instalment of Summer Kids Marathon

    April will see 2nd Instalment of Summer Kids Marathon

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      Botswana’s women boxing on the rise 

      Boxers Finally Receive their Prize Money from 2022 African Championships

      Darts Expects Only P50K from BNSC for 2023/24

      Darts Expects Only P50K from BNSC for 2023/24

      Botswana athletes to train in USA

      Botswana athletes to train in USA

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      April will see 2nd Instalment of Summer Kids Marathon

      April will see 2nd Instalment of Summer Kids Marathon

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      IMF revises Sub-Saharan Africa growth forecasts

      mm by RMB Africa Research
      October 12, 2022
      in News
      Reading Time: 1 min read
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      IMF revises Sub-Saharan Africa growth forecasts

      IMF’s GDP growth forecasts (% y/y). Source: ETM Analytics, Bloomberg

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      The International Monetary Fund (IMF) released its October World Economic report yesterday.

      The IMF expects global growth to slow from 6 percent in 2021 to 3.2 percent in 2022, marking the weakest growth profile since 2001, excluding the financial crisis and COVID-19. The IMF downwardly revised its 2022 and 2023 sub-Saharan Africa growth forecasts by -0.2ppt and -0.3ppt to 3.6 percent and 3.7 percent, respectively.

      The IMF expects the Democratic Republic of  Congo (6.1 percent), Côte d’Ivoire (5.5 percent) and Kenya (5.3 percent) to record the strongest GDP growth this year. The global economy is going through a turbulent period, partly due to the effects of COVID-19, the Russia-Ukraine war and the aggressive tightening of monetary policy — all of which are weighing heavily on the global economic outlook. Global inflation is forecast to rise from 4.7 percent in 2021 to 8.8 percent in 2022 and is then expected to decline to 6.5 percent in 2023.

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