Botswana’s central bank sees inflation slowing this year
26 February 2026 Botswana’s inflation will peak at just over 5% this year, down from a December forecast of 6.2%,…
Tag: bank of Botswana
Pula gains against USD in 2025
11 January 2025 The local currency strengthened by 6.7% against the US dollar in 2025, whilst falling by 5.7% against…
Botswana holds policy rate at first meeting under new governor
4 December 2025 Botswana’s central bank kept its main interest rate unchanged on Thursday, citing continued weakness in the diamond…
Botswana hikes key rate as liquidity squeeze pushes market rates higher
30 October 2025 GABORONE, Oct 30 (Reuters) – Botswana’s central bank hiked its main interest rate by 160 basis points on Thursday…
Moody’s follows S&P, downgrades Botswana
29 October 2025 (IDEX Online) – Global credit ratings agency Moody’s has followed S&P in downgrading Botswana. It says the…
Botswana central bank holds rate for sixth meeting as inflationary risks weigh
21 August 2025 Botswana’s central bank left its monetary policy rate unchanged at 1.90% on Thursday, its six consecutive meeting without…
Botswana implements initiatives, reforms to counter U.S. tariff impacts: bank official
26 July 2025 Botswana is implementing several initiatives and structural reforms to mitigate the potential adverse effects of U.S. tariffs…
Citi sees Botswana devaluing currency again as diamond prices slump
22 July 2025 Citigroup Inc. says Botswana is likely to devalue its currency again, as the southern African nation battles…
Botswana warns U.S. tariff could hurt exports amid rising global uncertainty
19 April 2025 Botswana’s central bank on Thursday warned that a 37% import tariff on its exports to the United…
Botswana holds main interest rate for fourth meeting in a row
17 April 2025 Botswana’s central bank held its main lending rate at 1.90% on Thursday, citing balanced risks to the…
Botswana’s economic outlook now negative, says S&P
25 March 2025 Botswana’s economic outlook has been downgraded from stable to negative by S&P Global Ratings (S&P) on account…
Botswana central bank holds key rate for third consecutive meeting
21 February 2025 Botswana’s central bank kept its monetary policy rate unchanged for the third meeting in a row at 1.90%…
Bank of Botswana poised for key rate decision
8 January 2025 The Bank of Botswana’s (BoB) Monetary Policy Committee (MPC) is set to convene on Thursday to review…
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…
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,”…