Pula depreciates against major currencies
A money markets update by the central bank has indicated that the local currency – the Pula depreciated by 0.4%…
Tag: bank of Botswana
Botswana Inflation hit decade high in July
Botswana’s inflation rate has hit the highest level in over a decade, as consumer prices continue to soar, mostly driven…
Diamond sales at De Beers’ Botswana Unit rebound
De Beers’ Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening…
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’s inflation continues to rise
Botswana’s inflation Botswana’s annual inflation rate remains above the central bank’s short to medium-term target of 3-6%, parastatal statistical organisation,…
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,”…