BancABC Botswana, the BSE-listed bank today announced its half year results for the six months ended 30 June 2021, against a subdued economic backdrop, exacerbated by...
Bank of Botswana (BoB) has kept the country’s lending rate at 3.75 percent. The decision emerged at the Central Bank’s Monetary Policy Committee (MPC) meeting held...
This week, Minister of Finance and Economic Development Peggy Serame sought from Parliament approval to borrow US$250 million from the International Bank for Reconstruction and Development...
Botswana’s economy showed slight growth signs in the first quarter of 2021, following a devastating year in 2020. During 2020, the entire second quarter was on...
Botswana’s efforts to accelerate key economic reforms got a boost following the approval of a $250 million loan by the World Bank today. The Programmatic Economic...
French President Emmanuel Macron received 21 Heads of state and government officials from Africa during the recent summit on the Financing of African Economies that focused...
The first quarter of 2021 continued with unprecedented challenges emanating from the 2020 outbreak of the COVID-19. In Botswana, the economy continues to reel from the...
The Alliance for Progressives (AP) President Ndaba Gaolathe has said that despite major accolades that Botswana continues to receive internationally with regard to the state of...
Former Member of Parliament (MP) for Gaborone Bonnington South and Alliance for Progressives leader, Ndaba Gaolathe said Botswana’s refusal to buy De Beers stake in 2011...
DUDU GAREKWE LESSONS FROM COVID-19 – WHAT’S NEXT FOR THE CREDIT LENDING SECTOR? As Botswana is grappling with the second wave of Covid-19 infections, it is...
As at November 2020, the Government Investment Account (GIA) portion of the reserves was valued at only P 5,6 Billion compared to P 17,8 Billion at...
An outlook by local banks suggests that their loan books quality could deteriorate in 2020 and the Covid-19 pandemic was expected to be the main excuse....
The COVID-19 pandemic has triggered a massive increase in global debt levels, including in emerging market and developing economies (EMDEs). Among these economies, government debt is...
Lockdown is back, but now with less stringent measure of curfew restrictions, and will affect the economy whose bounce back was expected to be this year....
The latest report on Sub Sahara Africa (SSA) by rating agency Moody’s was prepared before the global panic of a new coronavirus variant which has already...
Following advice from the Ministry of Finance and Economic development, President Dr Mokgweetsi Masisi has through a directive called for amendments to the financial year 2021/2022...
Renowned credit ratings and analytics institution; Moody’s Investors Service in its 2021 outlook released midweek, maintains the red alert colour it placed on Botswana (A2 negative)...
In the coming months prices will go up and inflation will shoot sharply above the target of 3 percent to 6 percent towards the third quarter...
The struggle of humanity is now how to dribble past the ‘Great Pandemic’ in order to salvage a lean economic score. Botswana is already working on...
Businesses, banks and household on Thursday midday received the much anticipated announcement from Bank of Botswana Governor, Moses Pelaelo, who said the central bank has decided...
The reality of an economy going on its knees came last week with the release of Gross Domestic Product (GDP) for the second quarter of 2020...
The latest edition of the International Labour Organisation (ILO) Monitor shows the continuing and devastating impacts of the pandemic on jobs and labour income since early...
Member of Parliament for Kanye North, Thapelo Letsholo has cautioned Government against excessive borrowing and poorly managed debt levels. He was speaking in Parliament on Tuesday...
Government Investment Account (GIA) which forms part of the Pula fund has been significantly drawn down to finance Botswana’s budget deficits since 2008/09 Global financial crises....
Wedding ring buyers and jewelers in the key US and Chines consumer markets growing confidence towards the year-end holiday season have been vital in helping soaring...
Inside the blurry vision of local firms hangs a cloud of uncertainty, Covid-19 disruptions and an obstruction of view into any positive projection with regards to...
According to Moody’s growth forecasts for all African sovereigns’ downward in response to the coronavirus outbreak, Botswana whose real GDP was 10.9 percent in an adjustment...
The catastrophic impact of COVID-19 on global economies has sent Botswana back to the drawing boards. The country is currently on a serious conversation with itself...
“The diamond industry remains the most important to the Botswana economy, even though the level of economic dependence on diamonds has been reduced somewhat over the...
Economists and think tanks do not expect Botswana’s GDP to remain immune to the damaging impacts of COVID-19 on the local economic, so far the country...
Global credit rating agency, Moody’s has affirmed Botswana’s A2 long-term local and foreign currency issuer ratings, with a stable outlook .According to a communiqué from Moody’s...
Minister of Health and Wellness Lemogang Kwape this week took to mainstream media to announce Botswana’s preparedness against the rapidly spreading coronavirus with cases in South...