Schweppes, a Zimbabwean beverage manufacturer, is negotiating to set up an agro-processing operation in Botswana and source citrus from Selebi-Phikwe Citrus' orchards. Consultations are underway to allocate approximately 800 hectares from land held by Lesabokwe Trust.
28 September 2026 · Mmegi →
The Bank of Botswana and NBFIRA are concerned that pension funds hold excessive cash in deposits rather than longer-term investments, particularly equities. As of June, pension funds held P14 billion in cash compared with P23.3 billion in locally listed equities, with total industry assets at P176.4 billion.
28 September 2026 · Mmegi →
The African Development Bank has established the Global Energy And Fertilizer Crisis Response Framework with $4 billion in funding, plus an additional $960 million in concessional funding, to address supply disruptions and rising global prices for energy and fertilisers affecting African economies.
28 September 2026 · Mmegi →
A September Ministry outlook estimates the budget deficit at P9.3 billion (3.1 percent of GDP), a sharp improvement from the P26.4 billion (8.9 percent of GDP) forecast in February, driven by stronger government revenue and tighter expenditure controls.
28 September 2026 · Mmegi →
The government has proposed a State-Owned Enterprises Ownership Policy that marks a departure from providing indefinite bailouts, instead requiring enterprises to deliver measurable public and economic value. The framework would apply to a portfolio of 67 enterprises and aims to overhaul how Botswana establishes, owns, governs, and finances state-owned enterprises.
28 September 2026 · Weekend Post →
The Far Property Company Limited reported a 21% increase in profit before income tax to P188.9 million for the year ended 30 June 2026, with revenue rising 8% and operating profit advancing 9%, reflecting broad-based growth across its portfolio spanning four countries.
28 September 2026 · Weekend Post →
Botswana has reduced its projected budget deficit for the 2026-27 financial year to 9.26 billion pula (3.1% of GDP), down from 26.35 billion pula (8.9% of GDP) forecast in February, driven by stronger-than-expected Bank of Botswana revenue and spending controls. Finance Minister Ndaba Gaolathe cautioned that the result depends on controlling government spending and warned that the improvement should not obscure deeper structural strains on public finances.
28 September 2026 · Weekend Post →
Vice President Ndaba Gaolathe called on the financial sector to finance productive enterprises and allocate risk intelligently as Botswana's economic model shifts toward private enterprise, noting that households currently hold 63 per cent of commercial-bank credit compared with 36 per cent for businesses.
28 September 2026 · Daily News Botswana →