Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • 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...

  • BURS tax target rises to P66bn

    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...

  • Food inflation speeds up

    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....

  • A budget on the brink

    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...

  • BSE beefs up support for SMEs

    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...

  • Investor interest grows in BETP

    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...

  • Khoemacau eyes further 200,000t expansion

    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, Grindwell smoke peace pipe over debt

    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...

  • Gaolathe’s make or break budget

    Thus far, Ndaba Gaolathe has spent much of his tenure thus far as the Finance Minister fighting to steer the country away from a fiscal cliff, which is defined as the point where government finds itself unable to pay its debts.Since assuming the...

  • New tax rate targets top earners

    BusinessWeek has learnt that new tax changes, including higher rates for corporate tax and International Financial Services Centre companies, are due to be tabled and debated in the upcoming sitting of Parliament.The new changes will shore up...

  • Shine on you crazy diamond!

    The news of my death are greatly exaggerated, legendary American writer, Mark Twain famously wrote.Diamonds are probably saying the same thing, after a bleak report emerged from the Finance Ministry, warning of a possible “non-recovery” for the...

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