“I have a demand governor, and (BoB) board chair and a demand is a non-negotiable requirement. “From yourselves, what we need is unbiased and straightforward, objective financial and economic advice without any fear or favour. “We are going to...
Those who want policymakers to give up on diamonds and move on frequently point to the fact that Angola last year overtook Botswana as the continent’s biggest producer of diamonds by value. The explosion of synthetics in the market also means the...
Charges will take the form of additional capital requirements, Governor Lesego Moseki said, explaining that high concentrations of wholesale deposits were linked to rising interest rates and the threat of higher inflation.“The bank notes with...
The central bank’s achievement came at a cost as yields rose across the spectrum of notes on offer, rising by as much as 152 basis points, according to Kgori Capital calculations.The auction on February 27 saw the 2043 bond being over-allotted at...
Air travel has been frozen in the Middle East since Saturday, effectively trapping Batswana and others in a conflict zone, where the parties involved continue to ratchet up the rhetoric and hardened positions.US and Israeli air forces killed...
This stance is made possible by expectations that inflation will remain within the three to six percent range this year.Presenting the 2026 Monetary Policy Statement earlier today, central bank governor, Lesego Moseki, hinted that banks were required...
Final Gross Domestic Product (GDP) are due to be released on March 31. However, projections contained in documents published by the Finance Ministry as part of the budget speech process, indicate that the non-mining sector will continue its steady...
Having started off the budget preparation season with warnings about the need for austerity and belt-tightening last December, Finance Minister, Ndaba Gaolathe, increasingly spoke about the need for greater efficiencies in public finances, including...
The enactment of higher tax rates for personal income, corporates and the International Financial Services Centre (IFSC) companies, as well as the reduction in the number of goods and services zero-rated for VAT, is also expected to boost...
Figures released by Statistics Botswana recently show annual food inflation at 6.1 percent in January, compared to 5.4 percent in December.In 2025, food inflation peaked at 5.9 percent in March, whilst averaging 5.4 percent for the whole year....
In the last nine financial years, the budget has run consecutive deficits amounting to hundreds of billions of Pula, each one contributing to the draining of government’s savings and necessitating increasing levels of public debt.The upcoming...
SMEs are traditionally reluctant to approach the BSE for listing mainly due to concerns around upfront fees, cost of compliance, as well as the burden of corporatisation, especially perceptions involving the loss of control that comes with inviting...
The BETP, which represents government’s main push for economic transformation in the next ten years, was approved together with the National Development Plan (NDP12) last year by Parliament.Presenting the 2026-27 Budget Speech on Monday, Finance...
Minerals and Energy minister,Bogolo Kenewendo, last week launched the expansion to 130,000 tonnes, which is expected to cost in the region of $900 million. First copper in copper concentrate from the expansion is expected in the first half of...
Tataki Mining, owned byUnited States firm Global Critical Resource Corp (GCR), is accelerating developments towards restarting activities at Tati Nickel, the base metal mining operation which closed in 2016 during the global meltdown in the...