Botswana Minute.
Friday, 11 September 2026
Botswana’s news, on the hour · Est. 2026
Friday, 11 September 2026
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Business & Economy

Companies, markets, trade, jobs.

Business

Botswana fiscal officials prepare for rating agency reviews

The News

Two ratings agencies conduct sovereign debt assessments in March and September each year; S&P lowered Botswana's sovereign credit ratings in March assessments this year while Moody's downgraded the country last year. Botswana remains in the investment category, an outlier in Africa, and senior Finance ministry officials have recently met with both agencies.

2 hours ago · Mmegi

Today

  1. Botswana fiscal officials prepare for rating agency reviews

    Two ratings agencies conduct sovereign debt assessments in March and September each year; S&P lowered Botswana's sovereign credit ratings in March assessments this year while Moody's downgraded the country last year. Botswana remains in the investment category, an outlier in Africa, and senior Finance ministry officials have recently met with both agencies.

    2 hours ago · Mmegi

  2. BTC awards customer P10,000 monthly salary for six months

    Botswana Telecommunications Corporation Limited announced Ms Natefo Labane as the grand prize winner of its #MyBestOffer Buy and Win Competition, receiving P10,000 monthly salary for six months. The competition rewarded customers who purchased eligible #MyBestOffer bundles with daily cash prizes, weekly trolley dashes, monthly cash prizes, and the grand prize.

    3 hours ago · Weekend Post

  3. Texas firm commits $150 million for 130-bed specialist hospital in Gaborone

    A Texas-based private equity firm is investing roughly $150 million to build the TEMCO Hospital Ecosystem near Sir Seretse Khama International Airport—an integrated facility combining a 130-bed specialist hospital, medical hospitality wing, and pharmaceutical manufacturing plant on one site.

    4 hours ago · Weekend Post

  4. Pula stability needs economic reform beyond monetary policy

    Vice President and Finance Minister Ndaba Gaolathe warned that Botswana cannot indefinitely defend the Pula through monetary measures alone while the economy remains heavily reliant on diamonds, as a prolonged global diamond sector downturn has exposed long-recognised vulnerabilities in the country's economic model.

    7 hours ago · Weekend Post

  5. BIUST fellowship trains 15 students to commercialize research

    Fifteen graduate and undergraduate students at Botswana International University of Science and Technology pitched business ventures addressing electricity, water, agriculture, and economic diversification at the final event of a year-long MIT-backed entrepreneurship fellowship programme supported by the Botswana government.

    7 hours ago · Weekend Post

Yesterday

  1. Commercial bank arrears decline from January peak

    Bank of Botswana figures show that arrears owed to commercial banks declined from a record high in January, reaching a low of P6.57 billion in March before rising to P6.89 billion in June, with the majority classified as 'specific provisions' for loans over 180 days old.

    10 September 2026 · Mmegi

  2. Fairground Holdings CEO departs after eight-year tenure

    Gabaraane has stepped down as CEO of Fairground Holdings after eight years leading the Botswana-based MICE (Meetings, Incentives, Conferences and Exhibitions) sector organisation. Her tenure focused on developing a masterplan for organisational transformation, building strategic partnerships, and strengthening management capabilities.

    10 September 2026 · Mmegi

Wednesday 9 September

  1. Botswana unemployment stays high as job creation lags

    Unemployment remains elevated as job creation trails labour-force growth, constrained by weak domestic demand, diamond-sector uncertainty, structural rigidities, and low productivity growth, according to the Bank of Botswana.

    9 September 2026 · The Botswana Gazette

  2. Stanbic Bank expects first-half profit to rise 10-20 percent

    Stanbic Bank Botswana Limited expects group profit before tax for the six months ended June 30, 2026, to increase by between 10 percent and 20 percent, equivalent to P41 million to P83 million, with full reviewed results due by September 30.

    9 September 2026 · The Botswana Gazette

  3. Seed Co reports 30% revenue growth in first four months

    Seed Co's CEO said the company started the financial year strongly, with revenue 30% ahead of the corresponding period last year, driven largely by tenders secured in Mozambique for legumes, small grains, and maize seed, with volumes 15% above prior year.

    9 September 2026 · Mmegi

  4. PAGC urges Botswana entrepreneurs to expand beyond domestic market

    Pan African Game Changers founder Dr Precious Gondwe has called on young entrepreneurs to move beyond Botswana's 2.5-million-person domestic market and pursue opportunities across Africa and the region, including through strategic partnerships with neighbouring countries to overcome the landlocked position.

    9 September 2026 · Daily News Botswana

Tuesday 8 September

  1. Sky Clouds raises UB Hotel salaries to P4,000 minimum wage

    Sky Clouds said it has aligned UB Hotel salaries with a P4,000 minimum wage as part of efforts to improve employee welfare, support job creation, and prioritize youth employment through preferential recruitment of first-time job seekers.

    8 September 2026 · Mmegi

  2. Botswana records P2.3 billion merchandise trade deficit in June

    Botswana recorded a merchandise trade deficit of P2.3 billion in June 2026, with imports falling sharply but still exceeding largely unchanged exports, according to Statistics Botswana.

    8 September 2026 · The Botswana Gazette

  3. Competition authority approves Far Property Forest Hill acquisitions

    The Competition and Consumer Authority has unconditionally approved two property acquisitions by The Far Property Company Limited, a BSE-listed property investment company, finding no material threat to competition or public interest.

    8 September 2026 · The Botswana Gazette

  4. Tlokweng Council reports P14 million surplus, boosts local enterprise

    Tlokweng District Council reported strong financial management with a surplus of over P14 million and own-source revenue collection exceeding P5 million for 2025/2026. The council's school Feeding Programme has engaged 44 local poultry farmers, five horticultural farmers, two bakeries and a local general dealer to supply primary schools.

    8 September 2026 · Daily News Botswana

  5. MCM CEO cycle event raises P2.1m for hospital upgrade

    Morupule Coal Mine raised P2.1 million through its 14th annual charity cycling event, with P1.8 million allocated to upgrade the Accident and Emergency Area at Palapye Primary Hospital. The event, which attracted 250 cyclists, reflects the mine's corporate social investment commitment to healthcare infrastructure.

    8 September 2026 · Daily News Botswana

Monday 7 September

  1. Botswana firms rush to file constitutions before deadline

    Companies across Botswana are scrambling to adopt and file constitutions before 30 September 2026, a requirement introduced through amendments to the Companies Act, with non-compliance risking removal from the company register.

    7 September 2026 · Botswana Sunday Standard

  2. Bank of Botswana stress tests show managed real estate risks

    The Bank of Botswana's stress tests confirm that commercial real estate lending risks remain stable under moderate conditions, though vulnerabilities emerge in extreme scenarios. Deputy Governor Kealeboga Masalila said risks are mitigated through banks' internal controls, regulatory oversight, and collateral such as mortgages.

    7 September 2026 · Weekend Post

  3. Pula stability requires economic reform beyond monetary policy

    Vice President and Finance Minister Ndaba Gaolathe warned that Botswana cannot indefinitely defend the Pula through monetary measures alone while the economy remains heavily reliant on diamonds. He said the prolonged downturn in the global diamond sector has exposed long-recognised vulnerabilities and that monetary policy alone cannot provide a permanent shield for the currency.

    7 September 2026 · Weekend Post

  4. Botswana consumer spending to fall by P1.3 billion in 2026

    Business Monitor International forecasts household expenditure in Botswana will decline by 1.0 percent to P131.2 billion in 2026, driven by economic headwinds including sluggish growth, persistent unemployment at 24.4 percent, and tighter credit conditions, with a modest recovery of 1.3 percent projected for 2027.

    7 September 2026 · Weekend Post

  5. Dangote urges Africa to finance its own industrialization

    At a Capital Markets and Institutional Investors Roundtable in Botswana, Nigerian billionaire Aliko Dangote called on African nations and businesses to lead the continent's industrial development rather than rely on foreign investors, emphasizing that African capital must fund large-scale projects and that the continent must move away from exporting raw materials.

    7 September 2026 · Weekend Post

  6. UB launches seed fund to improve innovation coordination

    The University of Botswana has identified poor coordination among institutions as the main barrier preventing local innovations from reaching the market, and has launched a Technology Development Seed Fund to support prototyping and testing of innovations while working to create a streamlined pipeline connecting research, infrastructure, funding, and commercialization.

    7 September 2026 · Weekend Post

  7. Standard Chartered Botswana profit expected to rise P22–36m

    Standard Chartered Bank Botswana expects profit before tax for the six months ended 30 June 2026 to increase by between P22 million and P36 million compared with the same period in the prior year, prompting a BSE cautionary announcement.

    7 September 2026 · The Botswana Gazette

  8. Botswana's new tax rule targets residents' offshore income

    A controlled foreign entity rule embedded in Botswana's rewritten Income Tax Act, effective 1 July 2026, requires residents who control low-tax foreign entities to pay tax on qualifying passive income earned by those entities as if the residents had earned it themselves. The rule applies to residents holding directly or indirectly 50 percent or more membership interest in foreign entities.

    7 September 2026 · Weekend Post

  9. BETP shifts economic focus from planning to project delivery

    Botswana's Economic Transformation Programme has identified 186 priority projects across nine sectors targeting P514 billion in cumulative investment and 512,000 jobs by 2036, with initial efforts focused on removing obstacles to investment execution in areas including land access, financing, regulation, and infrastructure.

    7 September 2026 · Weekend Post

  10. Botswana's economic freedom score falls sharply

    The Heritage Foundation's 2026 Index of Economic Freedom recorded a sharp deterioration in Botswana's economic freedom score, with weak business dynamism threatening diversification beyond diamonds.

    7 September 2026 · The Botswana Gazette

  11. Air Botswana appoints Dubai consultant for aircraft leasing

    Air Botswana has announced plans to appoint Dubai-based aviation consultancy ACC Aviation ME FZCO as its aircraft lease consultant through direct procurement.

    7 September 2026 · Weekend Post

  12. BTC targets P1.7bn revenue with AI and network focus

    Botswana Telecommunications Corporation is targeting P1.7 billion in revenue and EBITDA above 35 percent through network investment, artificial intelligence, and digital services, following a 1.6 percent revenue decline.

    7 September 2026 · The Botswana Gazette

  13. Chobe Business Expo connects enterprises to regional markets

    The Chobe Business Expo 2026 in Kazungula brought together local businesses to showcase products, meet customers, and build partnerships. The Minister of Trade and Entrepreneurship highlighted Chobe's strategic location as an economic frontier for agribusiness, tourism, and regional trade, urging entrepreneurs to embrace markets, technology, and consistency.

    7 September 2026 · Daily News Botswana

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