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Tag: Botswana economy

Botswana unveils $115m COVID-19 financial bailout for firms

Botswana has unveiled a US$115 million facility to assist local businesses with loans to weather the economic headwinds triggered by…

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5 years ago

De Beers to close Damtshaa Mine in Botswana

Debswana Mining will close its Damtshaa diamond mine in 2021 for three years, the president of the Botswana Mine Workers Union, Joseph…

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5 years ago

Botswana 3rd most economically free country in Africa

Botswana is the third most economically free country in the Sub-Saharan Africa region. This information is contained in the 2020…

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5 years ago

Cost of living in Botswana vs Average monthly earning: The contrast

Official figures show that Botswana workers earn on average a net monthly salary of P6,620 ($578) after tax, against a…

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5 years ago

OPINION PIECE: The implications of Botswana’s power issues on doing business

The Assistant Minister of Investment, Trade and Industry, Molebatsi Molebatsi says the government through the Ministry of Mineral Resources, Green…

1
5 years ago

Botswana sees 7.7 % growth in 2021 on diamond industry recovery

Botswana‘s economy will rebound and grow 7.7% in 2021 from an 8.9% contraction forecast this year, on the back of…

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5 years ago

The paradox of Botswana’s strong economic growth versus the rising income inequality

According to international economic measures, Botswana has experienced long-term economic growth overall. Those same measures, however, also report that the…

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5 years ago

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…

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5 years ago

Botswana economy in worst contraction since independence

The Botswana economy has recorded its biggest contraction since records began, officially entering a recession. The economy is expected to…

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5 years ago

Botswana Parliament votes to extend COVID State of Emergency to March 2021

Botswana’s parliament voted Monday to extend by a further six months a State of Emergency (SoE) imposed to fight the…

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5 years ago

Botswana youth unemployment 4th highest in SADC

Botswana, SADC’s fourth-largest economy, also retains that position in terms of the youth unemployment rate. “Nine out of the 13…

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5 years ago

Botswana urged to commit to Abuja Declaration targets by prioritising health systems

Botswana is being urged to prioritise investing a portion of its national budget in healthcare systems to achieve the Abuja…

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5 years ago

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…

1
5 years ago

Botswana: a remarkable achievement, thanks to capitalism

Today, Botswana is not only prosperous but also relatively free. It offers its inhabitants the highest degree of freedom on…

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5 years ago

Government considers resuscitating failed Fengyue Glass Project

The ill-fated glass project which cost Botswana billions before going bust might be making a return as the government considers…

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5 years ago

Botswana: A favourable location for leading automotive manufacturers

There is a strong demand for automotive vehicles, therefore domestic and foreign original equipment manufacturers (OEM) are planning to expand…

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5 years ago

Botswana can and must repeat its past economic miracles

According to ‘The Global Competitiveness Report 2019’ of the World Economic Forum, Botswana is getting one or two important things right…

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5 years ago

Botswana lifts 48-day lockdown, introduces inter-zonal restrictions

People across Botswana were on Wednesday evening glued to their small screens with bated breath as they awaited the latest…

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5 years ago

Botswana ranked number 1 emerging economy

The Economist has ranked Botswana the world’s number 1 Emerging Market out of the 66 assessed. Botswana attained this based…

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5 years ago

Botswana economy set to shrink by 13.1 percent due to COVID-19

The Botswana government said Friday it expects the economy to shrink by 13.1% this financial year due to the effects…

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5 years ago

What Botswana needs to do to restore its economic sparkle

What does Botswana do for its second act? Once the model African economy, Botswana boasted the world’s fastest growth rate…

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5 years ago

Botswana one of only 13 economies to have grown 7% annually for 25 years

Economic Growth as a Tool for Fighting Poverty The Industrial Revolution marked the first phase. The world now is witnessing the…

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5 years ago

Make Botswana the Dubai of Africa – former Francistown mayor

The former BOCCIM (now Business Botswana) President, Iqbal Ebrahim, has called for the diversification of stakeholder minds to successfully diversify…

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6 years ago

Economy to grow by over 4 percent going into 2020

Botswana’s economy is expected to grow by 4.8 per cent in 2020 after registering a 4.2 per cent growth this…

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6 years ago

Opinion… Could Botswana become the Dubai of Africa?

“Democracy, like a little plant, does not grow or develop on its own. It must be nursed and nurtured if…

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6 years ago

Botswana unveils rare 20-carat blue diamond, the country’s largest ever

A remarkable oval-shaped blue diamond weighing over 20 carats, was this Wednesday unveiled to the world by Okavango Diamond Company…

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6 years ago

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