Mmegi

World Bank predicts rebound for Botswana’s economy in 2026

Balancing act: Gaolathe is due to present the budget next month
Balancing act: Gaolathe is due to present the budget next month

The World Bank expects a 2.3 percent economic rebound for Botswana’s economy this year, with growth expected to be spurred by fiscal consolidation and a rebound in mineral revenues.

The growth projections follow a three percent decline in economic activity in 2024, which is likely to be followed by another 0.9 percent contraction, according to Finance ministry figures.

The World Bank’s latest Global Economic Prospects report, published recently, showed that despite headwinds, researchers see the local economy making its way back to positive output with growth for 2026 now seen at 2.3 percent, which would mark a rebound in positive activity for an economy that has been severely hit by low mineral revenues and eroded fiscal buffers.

Editor's Comment
Justice delayed is trust denied

Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...

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