Mmegi

Fiscal constraints worsen business confidence

Balancing act: Technocrats at the Finance ministry are battling to steady the fiscal ship in an environment of lower revenues
Balancing act: Technocrats at the Finance ministry are battling to steady the fiscal ship in an environment of lower revenues

Local firms are increasingly pessimistic about business operating conditions in the country, largely as a result of restrained government spending and issues related to exchange and interest rates, a survey by the Bank of Botswana indicates.

The central bank’s latest Business Expectations Survey (BES) covering the period between the first quarter of the year, the second quarter and through to March 2027, found that the difficult, broader economic conditions were weighing down on local firms.

The survey covered 100 firms across various sectors of the economy and attained a 54% response rate, up from 50% in the December 2025 edition of the BES.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up