Gov’t warns of austerity measures
25 December 2024 The Ministry of Finance intends to implement austerity measures in the medium-term, including reducing the civil service…
Tag: bank of Botswana
Botswana not broke… but we must be careful!
24 November 2024 BoB Governor Cornelius Dekop calls for reduced government spending. Despite the decline in the country’s Gross Domestic…
Base metal exports triple in value
Wednesday, April 19, 2023 – Exports of copper and nickel reached P3.9 billion last year, more than three times their level…
Botswana’s Debswana posts 37.5% jump in 9-month diamond sales
GABORONE, Nov 1 (Reuters) – Rough diamonds sales by Debswana Diamond Company jumped 37.5% in the first nine months of…
Botswana raises repo rate by 50 basis points to 2.15 pc
GABORONE, June 17 (Xinhua) — Bank of Botswana (BoB)’s Monetary Policy Committee (MPC) decided to increase the monetary policy rate,…
Foreign Reserves added an extra billion in April 2021
The Botswana government fiscal position showed positive signs in April as foreign exchange reserves reflected growth, adding an extra billion…
Botswana Foreign Reserves show improvement but…
The Government’s investment account, which was at one stage at a record low, is making a dramatic back, nearly tripling…
Botswana economy forecast to grow 8.8 pct in 2021
Botswana’s economy is forecast to grow by 8.8% in 2021, an official said Tuesday. The improvement is premised on conducive…
Botswana’s Debswana diamond exports fell 30% in 2020
Exports of rough diamonds mined by the Debswana Diamond Company fell 30% in 2020, statistics released by the Bank of…
Bank of Botswana: The Pula appreciates by 0.9% against the South African Rand
The Pula appreciated by 0.9% against the South African Rand and depreciated by 1.2% against the IMF Special Drawing Rights…
Botswana ranks high in investment reward score
Botswana is still considered a favourable investment destination despite the economic risks brought by the COVID – 19 pandemic, a…
Botswana raises limits for domestic borrowing to nearly $3 billion
Botswana’s National Assembly on Wednesday endorsed the doubling of the southern African country’s domestic borrowing to 30 billion pula (about…
S&P Global Ratings affirms Botswana’s “A-/A-2” sovereign credit rating for 2018 and stable outlook
Standard and Poor’s (S&P Global Ratings) has affirmed Botswana’s 2018 sovereign credit ratings of ‘A-’ and ‘A-2’ for long and…
Banking in Botswana – how safe is your money?
Hot on the heels of an article we ran last week titled “IMF calls on Botswana to tighten banking laws,”…