The creation of new jobs in Botswana is expected to remain an uphill battle amid weak economic activity driven by depressed diamond markets and sluggish private sector profitability, according to recent data from the Bank of Botswana.
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The creation of new jobs in Botswana is expected to remain an uphill battle amid weak economic activity driven by depressed diamond markets and sluggish private sector profitability, according to recent data from the Bank of Botswana.
The Financial Stability Council (FSC) concluded its latest review this month, revealing that risks and vulnerabilities within Botswana’s financial system have intensified. This development poses a potential drag on the country’s financial services sector.
Botswana’s foreign exchange reserves are poised for a sharp decline this year, driven largely by a widening trade deficit fueled by soaring global oil prices and an increasing fuel import bill.
Botswana could be on the brink of a debt crisis within the next five to ten years, driven by escalating government borrowing aimed at covering persistent budget deficits, according to a recent analysis of the country’s public debt. The report, conducted by local consultancy firm Econsult, warns that Botswana is grappling with a burgeoning debt problem that threatens to escalate into a full-blown crisis if current borrowing trends continue unchecked. Econsult’s review highlights that government...
Botswana is poised to see a decline in investment from both households and businesses, driven by soaring credit costs linked to rising interest rates in the commercial banking sector.
New data from S&P Global Ratings reveals that Botswana’s Finance Ministry is expected to spend P6.3 billion on interest payments for government debt during the 2026/2027 fiscal year. This follows an increase in borrowing aimed at covering the country’s growing budget deficit. Botswana’s budget deficit is projected to hit P25.48 billion in the 2025/2026 fiscal year, up sharply from the P11.8 billion deficit recorded in 2024/2025. The deficit is forecast to rise further to P26.35...
Inflation is poised to surpass the Bank of Botswana’s upper threshold of 6 percent by June 2026, driven by rising prices across key sectors, according to recent data and expert analysis. An examination of newly released figures by the Weekend Post reveals that inflation averaged 4.1 percent in the first quarter of 2026, up from 2.7 percent during the same period in 2025. This 1.4 percentage point increase reflects growing cost pressures in transport, food...
Botswana is set to enter the organic turmeric export market with its first shipment to Germany expected in the third quarter of 2026, following successful crop cultivation by local farmers last year. The Ministry of Agriculture confirmed last week that 160 Botswana-based farmers have been contracted by a German firm to grow organic turmeric during the 2025/2026 and 2026/2027 planting seasons for export to Germany.
New data from Botswana’s banking sector reveals a sharp rise in loan arrears among households and businesses, reflecting mounting economic pressures and financial strain that are slowing income growth and hampering debt repayment. Loan defaults climbed by P1.1 billion, from P6.9 billion in December 2025 to P8 billion in January 2026. In January, households accounted for P4.5 billion in overdue loans, while businesses reported P3.5 billion in arrears. Household loans overdue between 30 and 90...
Recent trade data reveal that the rise in export earnings combined with a reduced import bill narrowed Botswana’s trade deficit by P22.1 billion, from P34.5 billion in 2024 to P12.4 billion in 2025. This improvement is expected to bolster foreign exchange reserves and enhance government fiscal receipts. Diamonds were the primary driver behind the growth in total export earnings, with diamond exports rising by P9.9 billion from a revised P44 billion in 2024 to P53.9...
