Financial overcommitment occurs when monthly income cannot adequately cover both household needs and debt obligations. The Bank of Botswana estimated household debt at P68.6 billion in December 2024, up 12% from P61 billion in the previous survey.
17 August 2026 · Mmegi →
A country's reputation—shaped by perceptions of political stability, contract certainty, skills, infrastructure, and government responsiveness—influences the cost of capital and foreign direct investment alongside traditional factors like tax rates and logistics.
17 August 2026 · Mmegi →
A new downstream steel-processing facility plans to produce about 100,000 tonnes annually, targeting Botswana's solar power industry which relies on galvanised steel. Construction is expected to complete by December, with production targeted for the first quarter of 2027.
17 August 2026 · Mmegi →
The Botswana Investment and Trade Centre and Botswana International University of Science and Technology have signed a five-year Memorandum of Understanding to combine research, investment and youth talent to drive economic growth and position Botswana as a regional hub for science, technology and innovation.
17 August 2026 · Weekend Post →
A Financial Intelligence Agency report on money laundering and financing risks within development institutions found that corruption accounted for P174.68 million, or roughly 87 percent, of identified criminal proceeds from offenses reported since 2021 at CEDA and BDC.
17 August 2026 · Weekend Post →
Botswana Power Corporation's smart electricity meter procurement tender (7392/25-01) drew 21 bids, with the lowest international bidder receiving 70 percent allocation while a local joint venture quoted roughly four times the price. BPC says the process was transparent and governed by the Public Procurement Regulatory Authority.
17 August 2026 · Weekend Post →
The Botswana Public Officers' Pension Fund's assets grew 10.2% to P116.38 billion, leaving it P1.7 billion short of its P130 billion strategic target expected by March 2027. Growth came despite a 39% increase in benefits paid during the year, driven by higher retirements, death benefits, and transfers out of the fund.
17 August 2026 · Mmegi →
A Permanent Secretary from the Ministry of Trade and Entrepreneurship warned that the absence of evidence of terrorism financing or proliferation financing does not mean these risks do not exist, speaking at the launch of a Sectoral Risk Assessment Report for Development Finance Institutions by the Financial Intelligence Agency. He called for vigilance, collaboration and accountability, noting that development finance institutions' high-volume lending and financing of legal persons could obscure beneficial ownership and increase susceptibility to misuse.
17 August 2026 · Daily News Botswana →
University of Botswana, Botswana Open University, Botswana International University of Science and Technology, and Botswana University of Agriculture and Natural Resources have signed a Memorandum of Understanding to strengthen cooperation on public procurement practice, establish best-practice frameworks, and explore joint purchasing arrangements to leverage their combined budget of more than P6 billion.
17 August 2026 · Daily News Botswana →
Development Finance Institutions have been urged to strengthen their anti-money laundering, counter-terrorist financing and counter-proliferation financing controls as Botswana prepares for a critical mutual evaluation of its financial crime controls. A Sectoral Risk Assessment Report for DFIs launched by the Financial Intelligence Agency emphasized that risk management must involve boards, executives, credit teams, and frontline staff, not just compliance officers.
17 August 2026 · Daily News Botswana →
Botswana's annual inflation declined to 9.4 percent in July from 10.7 percent in June, driven by a sharp drop in fuel prices that reduced transport costs by 6.5 percent.
17 August 2026 · Botswana Sunday Standard →
The African Development Bank estimates Botswana's natural capital—comprising wildlife, rangelands, water, and other natural assets—at $116 billion as of 2020. The figure represents the value of natural assets over time rather than money available for public spending, as Botswana's diamond-dependent economy seeks alternative sources of growth and financing.
17 August 2026 · Botswana Sunday Standard →
Botswana's working-age population (aged 15–64) is projected to rise to 67.6 percent of the total population by 2038 from 63.3 percent in 2023, creating a demographic dividend that will depend on the country's ability to generate jobs and raise productivity.
17 August 2026 · Botswana Sunday Standard →
Botswana's government has retained a P1,500 daily local per diem for public servants, with P900 now requiring receipts for accommodation at licensed hospitality establishments from September 1, 2026, while P600 for meals and incidental expenses will not require receipts. The Hospitality and Tourism Association of Botswana said the move could boost demand in the hospitality industry.
17 August 2026 · Botswana Sunday Standard →