A recent survey conducted by the Bank of Botswana (BoB) reveals a significant and concerning decline in business confidence among companies operating within Botswana during the fourth quarter of 2025. This downward shift in sentiment is primarily attributed to an increasingly fragile economic environment and a noticeable reduction in government expenditure, factors that collectively weigh heavily on the outlook for domestic commerce and investment. The quarterly Business Expectations Survey (BES), a key indicator that gathers...

New trade figures released this week reveal that Botswana has spent a staggering P9.2 billion on food imports from January through August 2025. This surge follows ongoing struggles within the country’s agricultural sector, which continues to underdeliver. Throughout the first eight months of this year, Botswana’s local food production – encompassing farms and food processing industries, has shown little sign of improvement. The data reveals that the country’s cereal imports alone amounted to P1.6 billion,...

Botswana’s households and businesses are finding it increasingly difficult to manage their debt obligations, with loan arrears sharply on the rise. Recent data from the commercial banking sector reveals a concerning trend: a P480 million surge in arrears, climbing from P5.637 billion in January 2025 to a substantial P6.117 billion by the end of February 2025. The latest financial figures released by the banking sector last week paint a detailed picture of this growing financial...

Consumers in Botswana can breathe a sigh of relief as forecasts point to a potential easing of food prices in the third quarter of 2025. The Bank of Botswana (BoB), in its latest Monetary Policy Report, suggests that increased food supplies from commercial farms across Southern Africa could drive this welcome change. The projected harvest is expected to alleviate some of the pressure on the region’s food supply, leading to a decrease in prices. The...

Botswana’s economic trajectory is facing headwinds, potentially leading to slower growth than government forecasts, according to new data and expert analysis. Recent survey results and projections paint a concerning picture, with local economists suggesting that Botswana’s economy may underperform the Ministry of Finance’s initial estimates for the year. A survey by the Bank of Botswana (BoB) reveals that domestic firms anticipate a 1.9 percent expansion, while the research firm Econsult projects a zero percent growth...

The latest Consumer Price Index (CPI) data revealed that Botswana’s annual inflation rate climbed to 2.7% in February 2025, marking a modest increase from January’s 2.5%. This uptick was primarily driven by escalating prices in food, beverages, and miscellaneous goods and services, which encompass insurance and financial services. Significantly, the food and non-alcoholic beverages category, along with miscellaneous goods and services, were the foremost contributors to the annual inflation rate in February 2025, accounting for...

Choppies Group, the prominent grocery retailer, has experienced a notable boost in its financial performance for the half-year ending December 2024. The company reported retail sales revenue of P4.7 billion, alongside a gross profit of P965 million for the last six months of the year. Listed on both the Botswana and Johannesburg Stock Exchanges, this fast-moving consumer goods (FMCG) retailer is engaged in various sectors, including milling, manufacturing, and financial transactions. Recent financial results reveal...

In a recent comprehensive assessment, the Bank of Botswana (BoB) has provided a nuanced overview of the country’s financial ecosystem, affirming its fundamental strength despite emerging macroeconomic challenges. The central bank’s latest report offers a transparent examination of the nation’s financial infrastructure, highlighting both its robust foundations and potential vulnerabilities. Despite concerns about fiscal constraints and decelerating economic momentum, Botswana’s financial system demonstrates remarkable adaptive capacity. The banking sector’s resilience is underpinned by sophisticated regulatory...

Turnstar Holdings, a prominent property investment and development group listed on the Botswana Stock Exchange, has unveiled ambitious plans to broaden its footprint into the burgeoning markets of East Africa. The company aims to capitalize on its robust growth trajectory in Botswana and Tanzania by venturing into Rwanda and Uganda. Currently, Turnstar Holdings boasts an impressive portfolio comprising seven properties in Botswana valued at P1.4 billion, alongside four properties in Tanzania worth P1.1 billion. Additionally,...