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Gov’t fiscal crunch squeezes business confidence

Friday, August 29, 2025 | 1020 Views |

Slowing down: Government’s fiscal challenges are the biggest concern facing local firms PIC: MORERI SEJAKGOMO

Business confidence is being hit hard by worries over slow government spending, with most firms expecting a tight operating environment through to the first half of next year, a Bank of Botswana survey has revealed.

The Business Expectations Survey (BES) for the second quarter of this found that long-term expectations of the business environment are skewed to the downside, with the main worries fuelled by the government's limping revenues and spending.

The researchers found that businesses were wary of market conditions following a series of government announcements to cut spending and halt an array of planned and budgeted expenditure.

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Gov’t fiscal crunch squeezes business confidence

Business confidence is being hit hard by worries over slow government spending, with most firms expecting a tight operating environment through to the first half of next year, a Bank of Botswana survey has revealed.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...