Botswana Food & Drink Q4 2018
We maintain that the outlook is positive for Botswana's food and drink industry, despite a modest downward revision ofour growth forecasts for 2018. Weakness in the agriculture sector has slowed growth in household incomes, but overall economicprospects for the country remain high. Basic staples will remain the major constituent of household spending, but Botswana’sexpanding middle class will drive demand for modern retail formats and higher value imported food and drink products.
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