FIFA defends World Cup ticket prices

The 2026 FIFA World Cup is already shaping up to be one of the most anticipated sporting events in history, but it’s also stirring up a storm of controversy, centered not on the spectacle of the games, but on the staggering price of tickets. As fans across the globe scramble to secure their place in stadiums spanning the United States, Canada, and Mexico, ticket prices have become a lightning rod for criticism and debate. Among...

Classroom creativity Vs Real-world economy

A new wave of transformation is sweeping through Botswana’s youth creative scene, fueled by a bold partnership that promises to redefine the future of artistic expression and opportunity. On 5 May 2026, First National Bank Botswana (FNBB), through its FNBB Foundation, announced a strategic collaboration with the Ministry of Basic Education & Child Welfare and the National Arts Council of Botswana (NACB) to expand the Bodiragatsi Jwame, Lentswe Lame 4.0 initiative. With an investment of...

Slower economic growth projected as inflation rises

Botswana’s economic growth in 2026 is expected to slow as rising inflation weighs on consumer spending and key sectors of the economy. Recent data show inflation climbing from 3.9 percent in the fourth quarter of 2025 to 4.1 percent in the first quarter of 2026. Projections indicate a sharper increase in the second quarter, driven largely by recent hikes in fuel prices, public transport fares, and medical aid premiums. The Bank of Botswana’s Monetary Policy...

Global Economic Confidence Crashes Amid Crisis and Cost Surge

The global economy is teetering on the edge of a storm, battered by escalating geopolitical tensions and soaring costs that have sent confidence among finance professionals plunging to depths not seen since the early days of the COVID-19 pandemic. The latest ACCA and IMA Global Economic Conditions Survey (GECS) for the first quarter of 2026 paints a grim picture: a world economy fraught with uncertainty as the ravages of Middle East conflict and surging commodity...

Festus Mogae passes on: 1939 – 2026

At the age of 86, Festus Gontebanye Mogae, the third president of Botswana, has passed away, marking the end of an era for one of Africa’s most respected leaders. Mogae, who died on May 8, 2026, had been hospitalized in the capital city of Gaborone after falling ill in April.

UAE’s OPEC Exit Sends Shockwaves Through Global Oil Markets

The shockwaves from the United Arab Emirates’ dramatic exit from OPEC ripple through global oil markets this week, raising fresh doubts about the future of one of the world’s most influential cartels. After six decades of shaping oil supply and prices with a unified voice, the UAE’s departure threatens to unravel the tightly knit structure that has long underpinned global energy stability. At the same time, ongoing geopolitical tensions around Iran and the Strait of...

The Rising Cost of Passage: Why Strait of Malacca Is Now Central to Global Market Stability

Global markets have lately been obsessed with the Strait of Hormuz, the narrow passageway between the Persian Gulf and the Gulf of Oman, where geopolitical tensions have long threatened the flow of oil. But as the dust settles on the Hormuz crisis of early 2026, a new, less obvious threat is silently reshaping the contours of global trade and energy markets: the “Malacca Premium.” This term, coined by Nigel Green, CEO of the financial advisory...

Botswana’s SEZ attract P23 Billion investment, Set to create 9,000 jobs

Botswana is quietly transforming its economic landscape, and the latest figures from its Special Economic Zones Authority (SEZA) make it clear: this Southern African nation is positioning itself as a rising industrial powerhouse. With 33 companies now licensed to operate within Botswana’s Special Economic Zones (SEZs), the country has attracted a staggering P23 billion in investment. These zones are not just drawing capital, they are expected to generate around 9,000 jobs, a critical boost for...

From Robots to AI Labs: The Converging Technologies Driving the World’s Next Economic Boom

Technology is no longer just about isolated breakthroughs. A seismic shift is underway, one that is quietly but radically rewriting the rules of competition and innovation. The World Economic Forum’s latest report, released in April 2026, reveals that the next frontier of competitive advantage is not about owning a single advanced technology but mastering the art of combining and scaling multiple technologies across entire ecosystems. This new logic of technology convergence is already transforming industries...