Author

Lewanika Timothy
  • Escaping the growth trap - NPC’s bold targets

    Mmegi; Government’s re-rationalisation exercise of 2022 saw the separation of the Ministry of Finance and Economic Development birthing the National Planning Commission (NPC). What was the reasoning for this separation and what was the founding...

  • Banks shun private sector, park cash with civil servants

    The Household Indebtedness survey found that loan innovation of commercial banks was growing bleak, with micro-lenders showing more appetite for risk as they increased their lending to the private sector. As of December 2023, household debt stood at...

  • “Botswana economic reliance on SA dampens investor confidence”

    The report compares the performance of countries across four factors being economic performance, market accessibility, social and human development and economic stability, producing one metric that gives investors a sense of how each of the 31...

  • GABS challenges impact gov't fiscus, SME's stability

    However, persistent issues with the system mean that government lacks information on its spending and revenue, resulting in blind planning and budget implementation. The situation poses a serious risk to the economy.Economist and former Deputy...

  • Don’t panic, Serame urges amidst struggling fiscus

    This sharp decline has sparked widespread concern about the fiscal trajectory of the fund. Despite these concerns, the Minister of Finance maintains that the nation's finances are not in the red.The financial downturn of the GIA comes at a...

  • Rallying behind the flag: The binding power of sports

    The sands of time will forever bear our bigfoot as the small nation that brought the 200m Olympic crown to African soil. This victory reminds us what it means to conquer the insurmountable, the mundane, and the impossible. Thanks to sports, we feel...

  • Stanbic ploughs P27m green-financing into Kwenantle farms

    Stanbic Bank granted the loan facility as part of a green finance product that aims to support climate action in the agricultural industry. With the loan injection, the company will be able to expand operations with another 250 hectares of food...

  • Gruesome unemployment engulfs 287,000 Batswana

    From a total of around one million Batswana who are eligible and actively seeking employment almost a quarter of them cannot find footing in the local labour market, which is bloated and has no room for new entrants. The figures are part of a larger...

  • Diamonds: The crack in the economy

    Diamond industry woes are the talk of the economy this year, for obvious reasons that need no mention in a diamond dependent country. The issue is the extent to which the pinch of the diamond woes will be felt by Botswana’s purse and the tough...

  • BSE sets sights on equity listing in Q4

    Whilst the last Initial Public Offer (IPO) on the BSE was at least seven years ago, the local bourse’s dry spell has been helped by secondary equity listings, various types of debt listings and the introduction of innovative products such as...

  • National Planning Commission resolute on high income target

    According to the Commission, the upcoming National Development Plan (NDP) will be a “vehicle that takes the country to greater heights.” Speaking at a stakeholder engagement last week, the Commissioner General, Batho Molomo, revealed that they...

  • De Beers sees diamonds recovering next year

    The diamond retail market has been experiencing subdued demand since the second half of last year, causing the mid-stream to build up high inventories which have in turn forced producers such as De Beers to cut production.Presenting the group’s...

  • Time to stitch up a tattered fiscus

    A recent country report from the International Monetary Fund (IMF) forecasts that Botswana’s economy will face a growth deceleration this year, growing by only one percent compared to a previous estimate of 3.6 percent. This is mainly due to...

  • Is a recession looming and did the last one even end?

    The question is, can a graduate who couldn’t find a job during COVID-19 in 2020 and still can’t find a decent job in 2024, say the economy is not in a recession? Certainly not, in fact for them the economy is still recessionary.Experts can talk...

  • Drought arm-twists farmers to destock cattle

    According to figures released recently by the Bank of Botswana, meat exports which primarily comprise beef, soared to P173.6 million in the first quarter of 2024, the highest quarterly outcome since 2019.Beef sector insiders told BusinessWeek that...

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