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This case had originally been brought against 27 banks including Standard Chartered, Barclays now known as ABSA, FNB, Nedbank, Citibank and many other mainly international banks. The case alleged that the 27 banks were colluding to manipulate the...

From joining the Botswana Investment and Trade Centre (BITC) delegation that was led by His Excellency, President Mokgweetsi Masisi at the Dubai Expo 2020 where we were attempting to attract investors, to the Southern African Customs Union Investment...

At that time, we had seen the BoB raise its Monetary Policy Rate by 50 basis points (0.5%) in order to try to slow down inflation in the economy.In that article, I had written about how following textbook economics, this move could be argued as...

First and foremost, what does this mean for you and me? In simple terms, it means most of your loans just got half a percent more expensive.That is, if the loan interest rate you were being charged by your bank was 7% it will now be 7.5% meaning you...

Due to the pressure, we saw Europe and the Western world decide to reduce their coal consumption in the past decade. This was especially prevalent in banking where we saw most companies stop funding anything coal or dirty fuel related. At the...

These questions are justified considering the current fiscal situation of the country where budgets are tight and rationalisation of expenditure has been touted heavily in the past two years. It has been a cry by Batswana for the past few years that...

Whilst previous ministers had touched on much of the same issues, this time it felt as if the issues were getting the due attention they deserve. It felt like the ministry and minister had finally listened to a lot of the complaints Batswana have...

This statistic has been steadily worsening with Botswana ranked one of the most unequal countries in the world. Unemployment has steadily been climbing over the past 15 years to reach 24% officially (unofficially I suspect if you remove Ipelegeng and...

Diamond sales took a nosedive as sightholders were unable to fly into Botswana to make purchases. Unbudgeted for expenditure on fighting COVID-19 spiralled the budget deficit out of control, leaving the government scrambling to find a way to finance...

A few days later BCL Mine, which was the lifeblood of the town I grew up in called Selebi-Phikwe, was closed.At least 5,000 direct jobs disappeared, many more indirect jobs suffered, companies closed down, unemployment skyrocketed, suicides were...

They largely focused on the supposed benefits the lotto/lottery would bring to the economy and why it is important to expedite the awarding and operation of the lotto/lottery. These 'protests' piqued my interest, not in the behind-the-scenes...

Let’s put to the side that many of you are the ones facilitating corruption in procurement, failing government in the implementation of policies etc. Let’s put that aside. Our biggest contribution (all of us) is our culpability in this whole...

The ERTP was necessitated by the negative impact envisaged on the global and national economies as a result of the COVID-19 pandemic. Botswana had just published and finalised its Mid-Term Review of the National Development Plan (NDP) 11. The NDP11...