Lesego Moseki

Also known as: Mr Moseki · Mr Lesego Moseki · Bank of Botswana Governor Lesego Moseki · Mr. Moseki · Onkgopotse Moseki

Lesego Moseki — Governor of the Bank of Botswana, warning of persistent inflation and calling for economic diversification beyond diamonds.

2026-05-042026-10-27

News reports

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October 2026
8 OctWeekend Post
… Lesego Moseki, the central bank governor, framed the work around five priorities: liquidity, investor confidence, financing the productive economy, coordination and a clearer grasp of market dynamics. …
Botswana’s diamond rebound offers relief – and a Warning
8 OctDaily News Botswana
… To appreciate the substantial contribution that Kanye made to the formation of Botswana before and after independence, BOPA reporter Marvin Motlhabane spoke with heritage manager in the Department of National Museum and Monuments, Mr Onkgopotse Moseki who drew on vivid memories o …
Kanye A cradle of Botswana Independence story
September 2026
28 SeptWeekend Post
… Lesego Moseki, the central bank governor, framed the work around five priorities: liquidity, investor confidence, financing the productive economy, coordination and a clearer grasp of market dynamics. …
Botswana’s diamond rebound offers relief – and a Warning
August 2026
31 AugWeekend Post
Bank of Botswana Governor Lesego Moseki has warned that businesses and households should prepare for ongoing inflationary pressures as rising fuel and electricity costs, livestock movement restrictions, and global geopolitical tensions continue to push prices upward. …
Botswana’s economic growth falters amid persistent inflation pressures
31 AugDaily News Botswana
Delivering the Monetary Policy Committee (MPC) statement recently, the bank’s governor, Mr Lesego Moseki attributed the decline primarily to the downward adjustment of domestic fuel prices on July 7, which shaved 2.3 percentage points off headline inflation. …
BoB holds inflation outlook above target range
24 AugDaily News Botswana
… Meanwhile, Bank of Botswana Governor Mr Lesego Moseki said the commemoration of Pula Day in Kanye was not incidental, but intentional. …
Currency strength depends on diversified economy
July 2026
13 JulThe Botswana Gazette
The Bank of Botswana says reducing food imports and expanding exports beyond diamonds are crucial to preserving reserves and strengthening economic resilience BONGANI MALUNGA Bank of Botswana Governor Lesego Moseki has renewed calls for Botswana to accelerate import substitution, …
BoB Touts Import Substitution to Shield Botswana’s Foreign Reserves
June 2026
29 JunBotswana Sunday Standard
Sunday Standard BoB Governor: Botswana can’t wait for diamonds to recover Bank of Botswana Governor Lesego Moseki has warned that Botswana must accelerate economic reforms rather than wait for a recovery in the diamond market, arguing that the prolonged downturn has exposed deep …
BoB Governor: Botswana can’t wait for diamonds to recover
23 JunDaily News Botswana
President Advocate Duma Boko (left) and Bank of Botswana Governor, Mr Lesego Moseki during the handing of the annual Bank’s 2025 Annual Report during economic briefing to cabinet in Gaborone on Monday. …
Bank Of Botswana Outlines Economic Prospects
May 2026
11 MayDaily News Botswana
… He speaking during a courtesy call by the Bank of Botswana Governor, Mr Lesego Moseki, noting that people who voted for change wanted to see action in terms of law reform, policy reform, representation and economic transformation, among others. …
Public expectations for Parliament high

Mining & Energy

Botswana's diamond recovery raises diversification urgency

The News

After a severe slump, Botswana's diamond industry has recovered—the economy expanded 3.5 percent year-on-year in the first quarter of 2026 and rough-diamond output surged in the second. Acting president and finance minister Ndaba Gaolathe has urged the country to use this reprieve to diversify away from dependence on diamonds, steering capital toward farms, factories, and tourism rather than relying on another diamond-market recovery.

8 October 2026 · Weekend Post →

Thursday 8 October

Botswana's diamond recovery raises diversification urgency
After a severe slump, Botswana's diamond industry has recovered—the economy expanded 3.5 percent year-on-year in the first quarter of 2026 and rough-diamond output surged in the second. Acting president and finance minister Ndaba Gaolathe has urged the country to use this reprieve to diversify away from dependence on diamonds, steering capital toward farms, factories, and tourism rather than relying on another diamond-market recovery.
8 October 2026 · Weekend Post →
Kanye's role as cradle of Botswana independence story
Kanye, traditional capital of the Bangwaketse, significantly contributed to Botswana's journey toward independence through its political leaders and role as a centre of Tswana chiefly authority and early nationalist activity. Kgosi Bathoen II, a businessman, kgosi and politician, played a pivotal role in building the Bangwaketse tribe before 1966 through initiatives including constructing the Mmakgodumo Dam and promoting skills acquisition.
8 October 2026 · Daily News Botswana →

Monday 28 September

Botswana's diamond recovery stirs but masks deeper questions
Botswana's diamond industry has rebounded after a slump, with the economy expanding 3.5 percent year-on-year in the first quarter of 2026 and rough-diamond output surging in the second. However, acting president and finance minister Ndaba Gaolathe warned against treating the recovery as a transformation, calling for investment in farms, factories, and tourism rather than reliance on diamond market fluctuations.
28 September 2026 · Weekend Post →

Monday 31 August

Bank of Botswana warns of persistent inflation amid weak growth
Bank of Botswana Governor Lesego Moseki has warned that businesses and households should prepare for ongoing inflationary pressures from rising fuel and electricity costs, livestock movement restrictions, and global geopolitical tensions. The Monetary Policy Committee has kept the policy rate steady at 5.5 percent while headline inflation remains above the central bank's medium-term target range and economic expansion has been modest.
31 August 2026 · Weekend Post →
Bank of Botswana expects inflation above target until Q1 2027
The Bank of Botswana's Monetary Policy Committee projects inflation will remain above its target range until the first quarter of 2027, driven by persistent supply-side pressures including high fuel costs and elevated electricity tariffs. The bank forecasts inflation will average 7.9 per cent in 2026 before easing to 4.9 per cent in 2027, with upside risks stemming from potential second-round effects from fuel and tariff increases, food inflation tied to Foot and Mouth Disease restrictions, and external pressures from Middle East conflict and global trade tensions.
31 August 2026 · Daily News Botswana →

Monday 24 August

Currency strength depends on diversified economy, VP says
Vice President Ndaba Gaolathe told the Bank of Botswana's golden anniversary celebrations that the Pula's strength over the next 50 years will depend on a diversified, inclusive economy. He noted that Botswana introduced its own currency 10 years after independence and withdrew from the Rand Monetary Area, marking an act of monetary sovereignty.
24 August 2026 · Daily News Botswana →

Monday 13 July

Bank of Botswana urges import substitution to protect reserves
The Bank of Botswana says reducing food imports and expanding exports beyond diamonds are crucial to preserving reserves and strengthening economic resilience. Governor Lesego Moseki has renewed calls for the country to accelerate import substitution, warning that heavy dependence on imported food and consumer goods is placing significant pressure on the economy.
13 July 2026 · The Botswana Gazette →

Monday 29 June

BoB Governor urges economic reforms beyond diamond recovery
Bank of Botswana Governor Lesego Moseki has warned that Botswana must accelerate economic reforms rather than wait for diamond market recovery, stating that the prolonged downturn has exposed structural weaknesses in the economy.
29 June 2026 · Botswana Sunday Standard →

Tuesday 23 June

Bank of Botswana presents 2025 annual report to cabinet
The Bank of Botswana Governor presented the bank's 2025 Annual Report during an economic briefing to cabinet in Gaborone, detailing performance outcomes, mandate, and future economic outlook while emphasizing public education in driving economic understanding.
23 June 2026 · Daily News Botswana →

Monday 11 May

Parliament must deliver voter-demanded change, speaker says
National Assembly Speaker Dithapelo Keorapetse said public expectations are high for Parliament and government institutions to deliver on voters' demands for law reform, policy reform, representation and economic transformation. He noted that Parliament has adopted a National Development Plan and economic transformation plan, and called for democratic institutions to become more independent, well-resourced and empowered.
11 May 2026 · Daily News Botswana →

Monday 4 May

Banks widen lending margins against BoB guidance
Commercial banks are raising effective lending rates by widening margins above Prime Lending Rates, moves the Bank of Botswana's Monetary Policy Committee says dilute its recent policy signals aimed at stabilizing credit market conditions.
4 May 2026 · Botswana Sunday Standard →