Mmegi

Key oversights, insufficiently addressed issues in Budget Speech

Setting policy: Gaolathe PIC KENNEDY RAMOKONE
Setting policy: Gaolathe PIC KENNEDY RAMOKONE

The 2025/2026 Budget Speech delivered by Botswana’s Minister of Finance, Ndaba Gaolathe, outlines a comprehensive plan aimed at addressing the country’s economic challenges and setting the stage for long-term growth.

The speech highlights several positive developments, including the successful renegotiation of the diamond agreement with De Beers, which is expected to bolster Botswana’s position in the global diamond market.

Additionally, the government’s commitment to diversifying the economy through investments in sectors such as tourism, agriculture, and renewable energy is commendable. The proposed increase in old age pensions and the introduction of a targeted monthly allowance for newborns are also steps in the right direction, reflecting a focus on social welfare and inclusivity.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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