Time to regain the sparkle: A new growth strategy for Botswana
7 April 2025 Botswana has lost some of its economic lustre. Consider these figures: from independence in 1966 to the…
Tag: Botswana economy
Botswana hosts major hemp Indaba to chart regulatory way forward
31 March 2025 Up to 300 delegates are expected to descend on the Ba Isago Convention Centre on April 5…
Botswana’s grim economic reality
21 February 2025 More government expenditure despite economic struggles. 2024/25 budget deficit projected at P24.73 billion. Botswana’s economy contracted by…
Diamond-dependent Botswana aims to diversify economy
14 February 2025 With the diamond industry facing an uncertain future, Botswana is seeking to develop industries such as agriculture,…
Botswana sees 3.3% growth in 2025 amid upturn in diamond market
10 February 2025 Botswana’s economy is forecast to grow 3.3% this year after a contraction in 2024, due to an…
Botswana expects 2025 economic growth rebound on better diamond market
18 January 2025 Botswana’s economy is expected to grow 3% to 4% in 2025 after a contraction last year, a…
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…
Botswana’s economy is in bad shape, says new administration as it eyes electricity exports to SA
10 December 2024 Botswana’s economy is in bad shape, deputy president and finance minister Ndaba Gaolathe has told its parliament…
Government to establish mega enterprises as large as Debswana or bigger
8 December 2024 The Projects | Economic Transformation As part of its transformative agenda to place Botswana’s economy on a…
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…
Botswana mulls new board to lure investors to manufacturing sector
9 August 2024 Botswana President Mokgweetsi Masisi said Tuesday that the country intends to set up a high-level consultative board…
IMF slashes Botswana’s 2024 growth forecast amid diamond market woes
14 July 2024 The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April…
The Brilliance of Botswana Diamonds
20 May 2024 Discover how the natural diamond industry helped transform the now thriving Southern African country with brilliant Botswana…
Botswana forecasts economic rebound, budget focus on infrastructure
7 February 2024 Botswana sees a recovery in economic growth this year and plans to increase spending on infrastructure development…
Fifth consecutive trade surplus as copper comes to the party
7 October 2023 Botswana this week reported its strongest quarterly trade surplus since 2019, powered by copper exports in addition…
Botswana: African Development Bank Group commits $180 million to bolster post-COVID-19 economic recovery
The Board of Directors of the African Development Bank has approved a loan of $179.66 million to support government reforms…
Botswana looks to tourism sector to ‘heal’ the economy
KASANE – Botswana’s economy is expected to get a boost from an improved tourism industry that has been on a…
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 hits another trade surplus
Botswana’s trade balance appears to be improving, driven by a recovery in the diamond industry. In recent years, the country’s …
Botswana economy seen growing by 6.2% in 2021
International credit rating agency – Moody’s, says it forecasts that the Botswana economy will recover in 2021, with real GDP…
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…
Loss-making parastatals draining on downgraded Botswana
An economic slump, magnified by the downgrading of Botswana’s long-term local and foreign currency ratings, has made it imperative for…
Economy shrank by 7.9% in 2020 – Statistics Botswana
The local economy contracted by 7.9% last year, its worst performance on record, as the weight of COVID-19 hit across…
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, an African oasis- BusinessDay NG
The story of the rise of Africa, the result of consistent economic growth and political stability on the first continent…