Author

Mphoeng Mphoeng
Twitter: @Mphoeng_M
Mphoeng is a seasoned Investment professional, with more than a decade’s experience in corporate investment fields at large firms like BIFM (Botswana Insurance Fund Management), Standard Chartered Bank and Bank of Botswana. Mpho
  • To De Beers or not to De Beers Part 2: An investment analyst perspective

    With Part 1 of the article having run last week, below are the remaining major factors that in these kinds of instances, an investment analyst would consider for any deal as they prepare a motivation to their investment committee:Regulatory,...

  • To De Beers or not to De Beers Pt 2: An investment analyst perspective

    That letter became an article which I published in Mmegi but in both submissions there was a lack of data to feed the opinion. In this article, I try to feed the national discourse with some important data and considerations that an investment...

  • Biggest obstacle to creating jobs is bureaucracy, not attracting ‘ditsala tsa bahumi’

    I definitely commend the efforts of all the respective stakeholders doing that work but sometimes it feels like we are missing what the actual problem is in creating jobs and investment in Botswana. It is not finding people and businesses interested...

  • To De Beers or not to De Beers? That is the question

    Naturally, the section that has attracted the most attention—both in the media and among attendees—was my discussion on diamonds. In particular, I highlighted not only the fiscal pressures Botswana is currently facing due to weak diamond sales,...

  • What does the USD/Rand foreign exchange manipulation scandal mean for Botswana?

    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...

  • The year of opportunities in mining and manufacturing value chains

    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...

  • BoB! Stop raising rates and focus on fuel costs

    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...

  • Of Botswana’s economic philosophy and raising rates

    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...

  • Botswana’s coal industry: Russia/Ukraine war and the rise of the phoenix

    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...

  • Dubai Expo 2020 and the question of ROI

    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...

  • Tone set for NDP12 but glaring omissions still exist

    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...

  • A budget for the ages: Time for Botswana business plan change

    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...

  • 2021: The economic year that was

    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...

  • 2022: Selebi-Phikwe’s new dawn?

    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...

  • The coming of the Lottery: Will Batswana benefit?

    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...

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