Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • Gov’t eyes domestic debt ceiling increase to P85bn

    Under the government’s domestic note issuance programme, the Bank of Botswana acting as the ministry’s agent in the capital market, auctions Treasury Bills and bonds every month to raise debt funding for the budget.The ministry has increased the...

  • BoB targets P3.1bn for govt

    On August 28, the central bank will offer the three- and six-month Treasury Bills seeking P2.5 billion, as well as three long-term bonds looking for P600 million. In general, the central bank has been using the shorter-maturing TBs to refinance...

  • Lucara sees positive signs

    Reporting on the company’s second quarter performance, directors said larger, rarer and higher-value goods were showing stronger price performance, supported by constrained supply and resilient demand, while smaller commercial categories were...

  • The market’s view of the BETP

    Vice President, Ndaba Gaolathe, stresses that prudential guardrails will not be lowered.As Finance Minister, he has a bird’s eye view of the billions of pula in capital held by sectors such as the pension funds and insurers. He also has an eye on...

  • AfDB pledges muscle to BETP

    The AfDB is a long-term financial partner of the government and the private sector, with an active portfolio of P368 million in various sectors. The Abidjan-headquartered bank holds the record for the largest external financing deal ever sealed by...

  • Swiping values continue weak

    Bank of Botswana data indicates that the value of swiping transactions between January and March this year was about 29% down from the fourth quarter of 2025. However, the figures for the fourth quarter of any year are traditionally affected by...

  • Fire in the sky, misery on the ground

    Across the country, the abundant rains enjoyed in the last season are providing fuel to a rapidly spreading crisis. Between April and July, wildfires destroyed 336,231.31 hectares, an area comparable to more than twice the size of Gaborone.By...

  • Yields fall as BoB raises P5.1bn for gov’t

    Under government’s domestic note issuance programme, the BoB floats bonds and treasury bills each month to raise debt for government in the capital market.At the auctions, primary dealers, who are exclusively banks, compete to lend to the...

  • IMF study spots missing VAT billions

    The team visited the country between October 27 and November 7 and has passed its findings to the BURS, indicating that key revenues running into millions of pula are going uncollected due to non-compliance.According to the IMF team, the country’s...

  • Gov't, unions deadlocked on per diem talks

    Late in June, in response to complaints by the hospitality industry, the government instituted new arrangements to the per diem policy, specifically requiring civil servants to use up to P900 of the allowance for accommodation at licensed...

  • Khoemacau, Absa join forces for SMEs

    A statement from the two organisations says the partnership was formalised recently through the signing of a Memorandum of Agreement and brings together the respective Citizen Economic Empowerment and Enterprise Supplier Development commitments of...

  • The Latvian remedy: A bitter economic pill

    The World Bank and its Bretton Woods fellow, the International Monetary Fund (IMF) have a less than stellar history when it comes to giving governments in Africa advice about structural reforms in their economies.In fact, many Africans, including...

  • World Bank nudges up forecast, but flags threats

    The World Bank had originally forecast growth of 2.3 percent in January when it launched its Global Economic Prospects report. That estimate was revised to 2.7 percent at the launch of the Africa Economic Update in April.Recently, when launching a...

  • Air Botswana boosts citizen value partnerships

    The arrangement with Soft Landings Concierge allows the citizen-led business to manage the airline’s refurbished Pula Lounge at Sir Seretse Khama International Airport, providing high-class services and experience for international travellers.The...

  • Bankers scramble to back mining

    A few years ago, the banking sector backed away from most parts of the mining industry, after yet another commodity slump led to the non-performance of loans and pushed a major bank into the red.Mining in the country is a boom and bust affair, with...

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