Author

Lewanika Timothy
  • What Sefalana’s results tell us about the economy

    Beneath all the economic jargon on cash crunches, soft GDP figures and liquidity crunches are consumers bearing the brunt at the margins of society as disposable incomes continue to shrink leaving families struggling to make ends meet.On one...

  • Pula weakens against rand as market pressures persist

    The Bank of Botswana (BoB) foreign exchange data shows that the pula depreciated by 0.9 percent against the rand in the fourth quarter of 2025, closing the year at ZAR1.29 to BWP 1.00, compared to R1.3094 to P1.00 at the end of the third quarter.Over...

  • The myth of diamond dependence

    As export revenues weaken, the pula softens and economic growth stalls, diamonds are routinely identified as the faltering pillar dragging the economy toward the abyss. Yet this diagnosis confuses cyclical shocks with deeper structural failures....

  • Shoe Town exits Botswana market

    The shoe shop has issued notices on its stores, notifying customers of its exit from the local market with inventory wiped out by a close-down sale. Owned by retail giant Pepkor, shareholders revealed late last year that Shoe City had consistently...

  • Khoemacau eyes higher production in 2026

    A new filing stated that production at the project located in the Kalahari Copper Belt went up by 21% in Q4 when compared to Q3, rising to nearly 11,000 tonnes.The improved October-December quarter performance comes as the mine positions itself for a...

  • Budget slowdown focuses on the wrong numbers

    In line with progressive calls from different Bretton Woods institutions to slow spending and consolidate the fiscus, government has cut headline expenditure but the forgone opportunity appears to be investment in the country’s future.The cuts...

  • World Bank predicts rebound for Botswana’s economy in 2026

    The growth projections follow a three percent decline in economic activity in 2024, which is likely to be followed by another 0.9 percent contraction, according to Finance ministry figures.The World Bank’s latest Global Economic Prospects report,...

  • Sefalana warns shareholders of dip in profitability

    The listed diversified company said group profit before tax for the half year ended October 2025 is expected to be between 10% and 12% lower than the same period in 2024. “The Board of Sefalana has informed its shareholders that Sefalana’s Group...

  • Gambling Authority vows to crack down on operator irregularities

    The Gambling Authority (GA) crackdown follows a surge in complaints from punters who allege that betting platforms often go offline at critical moments, particularly when consumers attempt to cash out winnings. Others have reported delays that...

  • Chinese car giants power into Botswana

    Available data shows that consumers consider price as the main determining factor when buying a car and Chinese models have, over the years, grown better at also integrating competitive pricing with advanced technology and comfort.Local consumers are...

  • US House approves AGOA extension to 2028

    The vote, this week, enjoyed bipartisan support with 340 members of the House voting in favour of the deal, whilst 50 voted against the bill. The future of AGOA has been in the balance in the years leading to this month’s vote, with fears of a...

  • IMF urges end of tax holidays

    In its latest Article IV mission report, the IMF argues that Botswana must urgently broaden its revenue base and rein in costly tax exemptions if it is to stabilise its fiscal position as mineral revenues soften and recurrent spending remains...

  • Old wage bill alarms ring again

    With the government wage bill projected to surge to P38 billion in the next financial year, global fiscal watchdogs have resounded old alarms, repeating their concerns over the sustainability of public spending.Botswana’s wage bill stands at least...

  • Orange pulls further ahead in telecoms race

    Data from the industry regulator, Botswana Communications Regulatory Authority (BOCRA), showed that amongst the four licensed telecoms operators, market ground is tilting in favour of Orange, which has been steadily increasing its customer base.The...

  • One year of Ndabanomics

    For years, the hard task of creating meaningful jobs and diversifying the economy was repeatedly kicked down the road by successive fiscal planners. That deferred reckoning has now caught up with the country, leaving the Minister of Finance with...

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