Economy

The IMF has cautioned that Botswana needs to quickly diversify its revenue sources and curb expensive tax exemptions to stabilise its fiscal position within its latest Article IV mission report, as mineral income declines and recurrent spending stays inflexible.

posted on 14.01.2026

Economy

Botswana, the largest diamond producer in Africa, has unveiled a new golden passport initiative that will grant citizenship to foreign investors who commit at least $75,000.

posted on 05.01.2026

Economy

​​​​​​​The Bank of Botswana has implemented measures to address challenges related to low excess liquidity, including reducing the primary reserve requirement to zero, extending the maturity of repurchase agreements (repos) to 30 days, and adjusting foreign currency trading margins.

posted on 16.12.2025

Economy

Annual food inflation inched up to 5.5% in October from 5.4% in September, largely due to higher meat prices.

posted on 27.11.2025

Economy

Botswana and Angola’s mining ministers met in Gaborone on Friday to discuss collaboration in the diamond industry, as both nations aim to assert greater control over De Beers, the diamond business owned by Anglo American.

posted on 10.11.2025

Economy

Botswana’s central bank raised its key interest rate by 160 basis points on Thursday in an effort to reduce the gap with market lending rates, which have climbed due to a liquidity crunch caused by the economic slowdown.

posted on 31.10.2025

Economy

Botswana’s upcoming citizenship-by-investment program attracted 464 expressions of interest from 77 countries in its first week, according to Arton Capital, the firm contracted by the government to develop the scheme.

posted on 10.10.2025

Economy

Botswana’s President Duma Boko revealed plans on Friday to launch a citizenship-by-investment scheme.

posted on 29.09.2025

Economy

Botswana’s president plans to finalise an agreement to acquire a majority stake in De Beers by the end of next month, while his government and other prospective buyers continue talks with the company’s controlling shareholder.

posted on 22.09.2025

Economy

Botswana’s Vice President Ndaba Gaolathe underscored that the government views the private sector as the driving force behind economic growth and job creation, during a meeting with private sector CEOs last week.

posted on 05.08.2025

Economy

Botswana said last week that it will permit its Pula currency to weaken by 2.76% over the coming year, an accelerated pace compared to earlier plans, as the country faces economic strain from a sustained slump in the global diamond market.

posted on 14.07.2025