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Sweeping tax reforms prominent in next week’s budget Top Earners to pay more tax; VAT, Corporate tax UP Botswana is on the cusp of a significant overhaul of its tax laws, with the Ministry of Finance poised to introduce sweeping reforms aimed at modernizing the country’s tax regime and boosting domestic revenue. These changes, expected to take center stage in Vice President and Finance Minister Ndaba Gaolathe’s upcoming 2026 Budget speech, reflect the government’s...
The Directorate on Corruption and Economic Crime (DCEC), in tandem with the Directorate of Public Prosecutions (DPP), announced the recovery of P32.3 million from Marcian Concepts (Pty) Ltd, a construction company embroiled in a scandal that has exposed glaring cracks in Botswana’s public procurement system. This sum was part of a tender contract awarded under questionable circumstances by the Selibe Phikwe Economic Diversification Unit (SPEDU) in May 2020. The tender, valued at over P230 million,...
Botswana’s fiscal landscape at the close of September 2025 presents a striking narrative of cautious optimism amid global economic headwinds and domestic challenges. The country’s budget deficit, a key barometer of fiscal health, stood at P4.25 billion, an impressive narrowing far below the initially projected P22.18 billion deficit. This surprising fiscal restraint signals a complex interplay of revenue dynamics, government spending discipline, and shifting economic currents that deserve close scrutiny. In a region where economic...
The heavy rains that have battered Pandamatenga, a key agricultural hub in northwestern Botswana, have unleashed a flood crisis with devastating consequences for crops, livelihoods, and regional food security. As the waters surged through fields once ripe with promise, they obliterated vast tracts of corn, sorghum, yams, and sugar cane, the staples that local farmers had nurtured through months of toil. What was meant to ease hunger and tame soaring food prices has instead...
– Party veterans see Masisi as vital to reviving the BDP – They say his experience and profile could unify the party – Claim Mpho Balopi’s weaknesses raise worries for 2029 – Masisi may be asked but likely to decline, favors statesman role – If he refuses, two ex-ministers and Letsholo are next picks Behind the scenes of Botswana’s political arena, a quiet yet determined movement is taking shape within the Botswana Democratic Party (BDP)....
As 2026 dawns, the world stands at an inflection point, teetering between old certainties and a new era defined by fierce rivalry and fragmenting alliances. The familiar frameworks that once held the global order together are in retreat, challenged by a volatile mix of kinetic conflicts, economic weaponization, and technological upheaval. This emerging landscape is best described as an Age of Competition, where nations deploy trade restrictions, sanctions, and supply chain control as instruments...
Yet one in four emerging markets still trailing pre-pandemic income levels Despite ongoing trade frictions and policy unpredictability, the global economy is exhibiting greater resilience than many anticipated, the World Bank’s latest Global Economic Prospects report reveals. Projected global GDP growth is set to hold broadly steady over the next two years, moderating slightly to 2.6% in 2026 before edging up to 2.7% in 2027, revised upward from the mid-2025 forecast. This unexpected...
Further alleges abuse of the ex parte process by DCEC, DPP Says properties acquired through inheritance, lawful transactions States that most of the assets were bought before political office The legal battle involving former Minister Kefentse Chewingie Mzwinila has erupted into a fierce contest over the integrity of judicial processes, with Mzwinila leveling serious accusations of “dirty hands” and abuse of the ex parte process against the Directorate of Public Prosecutions (DPP) and the Directorate...
On the cusp of one of tennis’s grandest stages, a quiet revolution is unfolding from an unlikely corner of the globe. Ntungamili Raguin, a name now echoing through the corridors of international tennis, has vaulted into the ITF World Top 100 as of January 5, 2026. His rise from a ranking hovering around 200 just two months prior to this breakthrough is a story of relentless determination, a testament to the power of home soil...
Is it a risk worth taking? Botswana is stepping boldly onto the geopolitical stage with a strategic pivot towards Russia that could reshape its economic landscape and reverberate across global diamond markets. Announcing plans to open an embassy in Moscow and inviting Russian investment in its diamond and rare earth mineral sectors, experts say Botswana signals a new chapter in its quest for economic diversification amid mounting pressures on its traditional revenue streams. This potential...
