The latest details are contained in draft estimates of expenditure released by the ministry as part of the 2025–2026 budget. The estimates will be confirmed when the Appropriation Bill is passed by Parliament.According to the draft estimates, the...
The Bank’s argument is straightforward: First, they contend that South Africa’s relatively high inflation is merely a policy choice, not an inevitable feature of our economy. To support this, they point to Chile, which adopted inflation targeting...
Mobile money services, currently offered by Orange, Mascom, Botswana Telecommunications Limited, and BotswanaPost, are amongst the fastest growing solutions in the financial sector, witnessing increasing transaction values on an annual basis.The...
In the original Transitional National Development Plan (TNDP) which was due to run from April 2023 to March 31, 2025, the BPC was due for a subsidy of P1 billion. However, the Corporation in August 2023 secured an extra P1.18 billion through...
Speaking during the Access Bank Botswana 2025–2026 budget review last week, Kgori Capital economist, Kitso Mokhurutshe, said the fiscus must be brought to balance without delay, as continued deficits pose a significant risk to economic...
The school has been making remarkable strides, most notably with the introduction of AdvLearn, a revolutionary Artificial Intelligence (AI)-powered learning programme designed to enhance the teaching of sciences and mathematics. “Education is...
During the launch of the partnership, Minet Botswana's chief executive, Gabriel Karidza, defined the moment as the right arsenal for their clientele. Karidza outlined that Minet received numerous complaints from their clients, which prompted them...
The accommodative monetary policy stance is made possible by the Bank’s projections that inflation this year will trend either below or within the three to six percent objective range.“Inflation is expected to remain within the medium-term...
In his first official address last week, Vice President and Finance Minister, Ndaba Gaolathe, discussed the previous administration’s Integrated Resource Plan, which targeted 30% renewable energy by 2030 and 50% by 2036. He confidently announced...
The innovative policy, a culmination of a partnership between Botswana Insurance Company (BIC) and The Broadcasters Organisation (TBO), is aimed at providing financial protection for students affected by accidents. The National Students Personal...
Speaking recently at the launch of QFlo, a digital queuing solution developed by Creative Insights, he said in the modern economy, digital transformation is no longer optional but necessary for the nation’s progress. The junior minister also...
The observations were made by Deputy Permanent Secretary in the Ministry of Child Welfare and Basic Education, Kgopotso Ramoroka, who also underscored the importance of early exposure to these specialist subjects. “This graduation marks the...
Government has a long-term Rural Electrification Programme, which began in 1975 and has been the cornerstone of the country’s rural development strategy. By last August, 462 out of 565 villages were connected to the national grid, with detailed...
Gaolathe plans to spend P97.6 billion in the upcoming financial year, set against forecast revenues of P75.5 billion. The resultant expected deficit of P22.1 billion, if realised, will be the second largest in absolute terms in the country’s...
Under the past administration, government initiated a MICE strategy seeking to position the country as a premier destination for international meetings and conferences. Conservative estimates indicate that hundreds of millions of pula were spent on...
Whilst the country currently has the Pula Fund acting as a fiscal buffer and a store of reserves for future generations, experts have said the fund has structural weaknesses, which include the lack of commitments around deposits and poor control of...
The business community and experts shared their opinions during Access Bank Botswana’s inaugural Post Budget Speech breakfast seminar held in partnership with AccPro and Kgori Capital.The bank’s new chair, Boiki Tema, said that collaboration...
Local banks’ collective profits have broken historic records in two of the three years since the pandemic year of 2020, defying COVID-19 impacts and downturns in the economy. Nearly all entities in the sector are digitising and boosting their...
The initiative, dubbed Post4Health, aims to improve healthcare access through timely delivery of health supplies through specialised cold chain transportation. The value proposition of the service aims at enhancing cold logistics with newly...
Currently, MRI is owned by Botswana Medical Aid (Bomaid), the Motor Vehicle Accident Fund, and individuals. Bomaid, through its investment arm, Southview, holds the majority stake of MRI at 94%, whilst MVA Fund owns four percent and the individual...
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