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The Botswana National Front (BNF) has settled on a novel answer to the oldest problem in politics: how to keep the lights on. Beginning in January 2027, the party intends to bill the very people it helped hoist into public office, converting ministerial titles, parliamentary seats and mayoral chains into a predictable stream of party revenue.
In the arithmetic of statecraft, the airport is a strange and revealing place. It is where a small, land-locked republic decides how much of its treasury to convert into altitude, and where the abstract promise of “strategic partnership” is either redeemed or quietly forgotten. Since Advocate Duma Boko was sworn in as Botswana’s president in late 2024, he has passed through that threshold with conspicuous frequency – thirty-nine regional and international journeys in roughly twenty...
For half a century, Botswana’s diamonds appeared to grant the country a quiet immunity from economic gravity. The stones vaulted a thinly populated republic into the front rank of Africa’s most prosperous and stable states, paved its roads, filled its classrooms, and turned a state partnership with De Beers into one of the continent’s most consequential commercial marriages. Then the market that had underwritten all of it faltered. Prices softened. Inventories swelled. Government coffers thinned....
The Botswana Stock Exchange (BSE) crossed a threshold in August that would have seemed improbable just a year ago. Its total market capitalisation reached 1.1 trillion pula – roughly $78 billion – a 64.6 percent jump from the same period in 2025, powered largely by a dramatic resurgence in the foreign-listed companies that dominate its boards. The number tells a story of two markets living side by side. Domestic companies, the banks and retailers and...
President Duma Boko welcomes a new fund chaired by Dr. Akinwumi Adesina, aiming to wrench the country’s economy away from mineral dependence and toward lasting structural growth. The diamonds beneath Botswana’s red earth have built roads, hospitals, and one of Africa’s most stable democracies. They have also built a trap. For decades, the country’s fortunes have risen and fallen with the price of a single commodity, a boom-and-bust rhythm that keeps the nation wealthy on...
A fractional decline masks the deeper pressures – from electricity tariffs to milk prices – still bearing down on consumers Botswana’s annual inflation rate dipped to 9.3 percent in August, a decline so slight it could be mistaken for a rounding error. The 0.1 percentage-point drop from July, reported by Statistics Botswana on Monday, offered little comfort to consumers still paying markedly more for transport, electricity and basic groceries than they did a year ago....
For years, bank customers in Botswana have carried the same thing in their wallets as anyone else: plastic. A debit card for the grocery store. A credit card for the filling station. A spare card tucked behind the others, just in case. Now Absa Bank Botswana is asking them to leave the plastic at home. The bank has partnered with Google and Visa to enable its debit and credit cards to be digitized inside Google...
The Botswana Power Corporation (BPC), the state-owned utility that has long shouldered the burden of powering this southern African nation, on Wednesday unveiled its most ambitious blueprint in years – a five-year strategy it calls Atlega. If the name suggests audacity, the numbers back it up. The corporation, which currently pulls in roughly 9 billion pula in annual revenue, told a hall of stakeholders, government officials and industry executives gathered here in the capital that...
