Credit growth in Botswana has been under pressure in the last two years due to the diamond downturn, with Bank of Botswana figures showing credit growth at 8.5 percent in September, falling to 2.5 percent in January before a marginal increase in February. Commercial banks' collective profits declined by about nine percent to P3.79 billion last year, with provisions for bad debts rising fourfold.
26 May 2026 · Mmegi →
Botswana Railways (BR) has been transporting around a million tonnes of freight annually but needs about 1.4 million tonnes to break even and cover all expenses, the organisation told Parliament's Standing Committee on Statutory Bodies and State Enterprises.
26 May 2026 · Mmegi →
Botswana and the EU have launched a green value chain development programme running from February 2026 to February 2030, focusing on ecotourism and horticulture sectors to create jobs and increase local economic participation through an integrated, systems-based approach.
26 May 2026 · Mmegi →
BPC CEO David Kgoboko told Parliament that the utility faces mounting financial pressure as it sells electricity at subsidised prices that do not recover generation, transmission and distribution costs. He warned that continuing to import power at commercial rates while maintaining low domestic tariffs risks either deeper losses or more load rationing.
26 May 2026 · Mmegi →