Botswana Autos Report - Business Monitor International - Industry Reports

Botswana Autos Report

Botswana Autos Report - Business Monitor International - Industry Reports
Botswana Autos Report
Published Aug 06, 2016
28 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

We forecast passenger vehicles to grow -.- in ---- and at an annual average of -.- to ----. Similar to its other African counterparts, Botswana s new vehicle market constitutes only a tiny portion of its total vehicle fleet. ...We expect private final consumption to grow -.- in ---- and at an annual average of -.- over our --------- forecast period. With inflation forecast to remain within the Bank of Botswana s target of --- in ----, monetary policy will remain dovish resulting in a forecasted Central Bank policy rate of -.- in ---- and an annual average of -.- to ----. While the stable in inflation is positive news for private consumption, lower prices will have a limited impact on passenger vehicle sales for two reasons. ...While the stable in inflation is positive news for private consumption, lower prices will have a limited impact on passenger vehicle sales for two reasons. Firstly, prices of cars will remain high due to the import ban on vehicles and this will weigh on sales.

...The total vehicle market is forecast to grow -.- in ---- and at an annual average of -.- over our --------- forecast period. Although Botswana is heavily reliant on its diamond exports as a source of revenue, prudent fiscal management has allowed the government to build up sizable fiscal and foreign exchange reserves, thereby putting the country in the position to weather the current commodity price slump. ...The total vehicle market is forecast to grow -.- in ---- and at an annual average of -.- over our --------- forecast period. Although Botswana is heavily reliant on its diamond exports as a source of revenue, prudent fiscal management has allowed the government to build up sizable fiscal and foreign exchange reserves, thereby putting the country in the position to weather the current commodity price slump. Furthermore, the country has one of the largest sovereign wealth funds in Sub-Saharan Africa that will provide the country with sufficient cover during an economic downturn. ...The recent efforts to diversify the economy away from its reliance on diamonds under the National Development Plan (NDP) will provide the economy with the support needed to continue along a strong growth trajectory in the long term. The NDP and the history of prudent fiscal management will drive the GDP growth which our Country Risk team forecast to be -.- in ---- and at an annual average of -.- to ----.

...We forecast commercial vehicles to grow -.- in ---- and at an annual average of -.- over our --------- forecast period. Light commercial vehicles (LCV) and heavy trucks sales will experience strong growth off the back of a positive infrastructure outlook within the domestic economy. ...

  
Source:
Document ID
2048-9951
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Botswana Autos Report" Aug 06, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Botswana-Autos-Report-2026-1358>
  
APA:
Business Monitor International - Industry Reports. (2016). Botswana Autos Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Botswana-Autos-Report-2026-1358>
  
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