Business

Diamond slump exposes need to rebuild forex reserves

Botswana must urgently rebuild its foreign exchange reserves after a prolonged downturn in the diamond industry exposed the country's vulnerability to external shocks, the...

BoB Governor: Botswana can’t wait for diamonds to recover

Bank of Botswana Governor Lesego Moseki has warned that Botswana must accelerate economic reforms rather than wait for a recovery in the diamond market,...

Central Bank swells cash holdings in strategic reserve shift

The Bank of Botswana substantially increased its cash holdings in 2025, prioritising liquidity management as realised investment gains and foreign-exchange trading profits helped cushion...

BTCL reports 45% profit decline

Botswana Telecommunications Corporation Limited (BTCL) reported a 45 percent decline in annual profit after tax as higher operating costs and weaker demand for traditional...

Digital payments grow, but economic activity slows

Botswana's digital payments infrastructure continues to expand, but transaction data from the opening months of 2026 points to a sharp slowdown in consumer spending...

BoB keeps rates unchanged 

The Bank of Botswana has kept its benchmark interest rate unchanged at 5.5 percent, signalling that the fight against inflation remains far from over...

Foreign Reserves rise as Govt repays BoB advance 

Botswana’s foreign reserves rose sharply in April, while government significantly reduced its temporary advance from the Bank of Botswana (BoB), signalling that inflows from...

Fuel price cut looms 

Botswana motorists could soon see relief at the pump as the Botswana Energy Regulatory Authority (BERA) signals a fuel price review following a decline...

Botswana eyes German market with first organic Turmeric exports

Botswana is preparing to make its first shipment of organically certified turmeric to Germany, a move that could open the door to premium European...

Sovereign risk overtakes credit as Botswana’s top financial threat

Botswana’s financial watchdogs have identified sovereign risk as the single biggest threat to the country’s financial stability, warning that rising government borrowing, shrinking fiscal...