Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • Food inflation slows but...

    Figures released by Statistics Botswana recently indicate that the rate of increase of prices of vegetables and meat decelerated in February, while other key items remained robust or rising. The 12 months to February, the average prices of oils and...

  • New financial year: New risks, new opportunities

    The start of the new financial year on April 1 marks a pivotal cycle for government and the broader economy, navigating the cost of delivering public services, the burden of rising debt and the need to reignite growth.The climate is supported by...

  • Banks’ runaway profits slow down in tough 2025

    The country’s commercial banks are amongst the economy’s most consistently profitable sectors, defying periods of downtrends and weaknesses over the years. Bank of Botswana figures indicate that whilst the banks largely skated through the three...

  • High pressure mounts on fuel prices

    The Botswana Energy Regulatory Authority (BERA) maintains a slate, which is a formula calculating the costs involved in supplying and distributing various forms of fuel within the country. Every month, BERA looks at the movements of the various...

  • Bank loan arrears rise 22% on economic woes

    The figure for last year came even as banks restrained their lending activities, with total loans extended starting 2025 at P87.2 billion, peaking at P90.6 billion in May and reaching December at about P90 billion.The arrears rose from 6.4 percent of...

  • Regional mobile roaming tariffs lowered

    In a statement, BOCRA officials said the One Network Area (ONA) framework would expand beyond Botswana and Namibia to include Malawi, Lesotho, Mozambique, Zambia, and Zimbabwe. The ONA initiative is aligned to efforts by SADC member states to reduce...

  • DCI slows down in Jan, Feb

    Between January and February 28, Choppies’ share price retreated by seven percent, whilst Letshego shed 5.6 percent, pushing the DCI down. In an update, BSE officials said only a few domestic counters, such as Absa (+0.1 percent), Turnstar (+0.5...

  • A frank-talk ‘shootout’ at the BoB

    “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...

  • It’s not diamonds or: It’s diamonds and...

    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...

  • BoB to ‘penalise’ banks for wholesale deposit concentration

    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...

  • BoB raises P2.6bn for govt

    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...

  • About 300 Batswana trapped in Middle East crisis

    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...

  • BoB looks to soften monetary policy stance

    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...

  • Non-mining GDP to firm

    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...

  • Higher taxes, better collections or both?

    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...

arrow up