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Saturday, 13 June 2026
Botswana’s news, on the hour · Est. 2026
Saturday, 13 June 2026
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Botswanan press · Organization

International Monetary Fund

Also known as: IMF

International Monetary Fund — multilateral financial organization that tracks and projects Botswana's economic growth and debt trends.

2026-04-232026-06-13
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In coverage

Verbatim sentences from the source article.

  1. May 2026

  2. Weekend Post

    … Meanwhile, analysis from the International Monetary Fund warns that in many developing economies, tax treaties may cause significant revenue losses, especially when reduced withholding taxes enable multinational companies to shift profits across borders. …

    Botswana–Rwanda Tax Pact Sparks Investment Optimism

  3. Weekend Post

    … The agency also acknowledged diagnostic support from the International Monetary Fund to guide aspects of the restructuring process. …

    BURS Exceeds Revenue Target, Refutes Claims of Wage Linkage
Business

Botswana ranks fastest-growing debt surge globally: IMF

The News

According to new International Monetary Fund data released Monday, Botswana has been ranked as the country with the fastest-growing debt surge in the world, placing scrutiny on public finances and raising questions about implications for households.

Why it matters

IMF ranks Botswana as the country with the fastest-growing debt surge globally, raising urgent questions about fiscal sustainability.

10 June 2026 · The Botswana Gazette →

Wednesday 10 June

  1. Botswana ranks fastest-growing debt surge globally: IMF

    According to new International Monetary Fund data released Monday, Botswana has been ranked as the country with the fastest-growing debt surge in the world, placing scrutiny on public finances and raising questions about implications for households.

    10 June 2026 · The Botswana Gazette →

Tuesday 9 June

  1. ODC expands diamond operations to India amid transparency questions

    Botswana's state-owned Okavango Diamond Company has extended operations into India, holding rough diamond viewing sessions in Mumbai at the Bharat Diamond Bourse Complex. The move has raised questions about the company's presence in the Indian diamond hub and why operational details remain undisclosed.

    9 June 2026 · Weekend Post →

Tuesday 2 June

  1. Botswana's business outlook remains pessimistic for 2026

    The Bank of Botswana's Business Expectations Survey shows firms broadly pessimistic about trading conditions, with economic output expected to grow only 1.7 percent in 2026, a rebound from 0.7 percent contraction in 2025. Weak government spending, exchange rate pressures, and rising input costs constrain confidence, though inflation expectations remain anchored within the central bank's 3 to 6 percent target range.

    2 June 2026 · Weekend Post →

  2. BDC posts P167 million loss, seeks turnaround plan

    The Botswana Development Corporation reported a P167 million loss for the fiscal year ending June 2025, with 47 percent of its loan book classified as non-performing. The corporation faces a structural cash shortfall of approximately P400 million annually, as debt servicing obligations of P450 million far exceed its annual cash flow of P55 million, prompting a 12-month turnaround strategy.

    2 June 2026 · Weekend Post →

Monday 25 May

  1. Serowe furniture restorer rescues worn pieces from waste

    Akanyang Olekile operates Akanyang Upholstery, a furniture restoration business at Serowe's central marketplace that reupholsters worn-out sofas, chairs, and car seats rather than discarding them, aiming to reduce waste and offer customers sustainable value.

    25 May 2026 · Daily News Botswana →

Wednesday 20 May

  1. Memorial service reflects on Mogae's governance legacy

    At a University of Botswana memorial service for former president Festus Mogae, speakers including David Magang and Dr. Nasha praised his 1998–2008 tenure for integrity, discipline, and sound public finances, contrasting his governance with perceived declines in standards since his departure.

    20 May 2026 · Weekend Post →

  2. BCP criticizes forensic audit as structurally flawed and inadequate

    The Botswana Congress Party has dismissed the government's forensic audit as structurally flawed and theatrically political, arguing it reveals little that is new and provides no credible roadmap for institutional reform. If the report remains secret, the BCP plans to revive its proposal for a fully independent Presidential Commission of Inquiry when Parliament reconvenes in July.

    20 May 2026 · Weekend Post →

Monday 18 May

  1. Festus Mogae's economic policies shaped Botswana's development

    An article chronicles the late former president Festus Mogae's most prominent economic policy decisions throughout his career, from his studies in Development Economics at Oxford and Sussex universities through roles at the Ministry of Finance, the International Monetary Fund, and the Bank of Botswana, to his eventual presidency.

    18 May 2026 · Daily News Botswana →

Tuesday 12 May

  1. Botswana's inflation projected to spike to 8.7 percent in 2026

    Botswana's economic growth is expected to slow in 2026 as inflation climbs from 3.9 percent in late 2025 to a forecast average of 8.7 percent for the year, driven by fuel price hikes, transport fare increases, and rising medical aid premiums. The Bank of Botswana projects inflation will peak at 11.1 percent in the third quarter, threatening household incomes and consumer-dependent sectors including wholesale, retail, and financial services.

    12 May 2026 · Weekend Post →

  2. Global economic confidence crashes amid geopolitical tensions

    Global finance professionals' confidence has plunged to pandemic-era lows due to Middle East conflict and soaring commodity prices, with the Strait of Hormuz closure reducing maritime traffic by 95 percent and energy prices projected to surge 24 percent. Africa's GDP growth is forecast to lose 0.2 percentage points in 2026 as soaring fuel and fertilizer costs threaten agricultural output.

    12 May 2026 · Weekend Post →

  3. Botswana, Rwanda sign tax agreement to boost investment

    Botswana and Rwanda have signed a Double Taxation Avoidance Agreement to eliminate double taxation on income earned in both countries and deepen economic ties. Officials say the pact will attract foreign direct investment and ease cross-border business expansion, though concerns remain about potential revenue losses and tax avoidance risks.

    12 May 2026 · Weekend Post →

Tuesday 5 May

  1. BURS exceeds revenue target, denies wage-linkage claims

    The Botswana Unified Revenue Service exceeded its revenue target of P59.824 billion by roughly P507 million, collecting approximately P60.124 billion, while dismissing claims that its financial performance directly influences wage negotiations. The agency attributed the achievement to strengthened compliance measures, improved enforcement, and enhanced data analytics, and said wage outcomes are determined through structured negotiation processes rather than being tied to revenue results.

    5 May 2026 · Weekend Post →

Thursday 23 April

  1. IMF projects fragile economic recovery for Botswana in 2026

    Botswana's economy is expected to rebound in 2026, though the recovery may be short-lived as global shocks affect momentum across Southern Africa.

    23 April 2026 · Botswana Sunday Standard →

International Monetary Fund — Botswanan press coverage · Botswana Minute