Also known as: Vice President Mr Ndaba Gaolathe · Vice President · Mr Gaolathe · Acting President Ndaba Gaolathe · Acting President · Vice President Ndaba Gaolathe · Minister of Finance Ndaba Gaolathe · Mr Ndaba Gaolathe · Vice President and Minister of Finance Ndaba Gaolathe · Vice President Gaolathe · Mr. Gaolathe · the Vice President · Mr. Ndaba Gaolathe · Vice President and Minister of Finance Mr Ndaba Gaolathe · Minister Gaolathe · Finance Minister Ndaba Gaolathe
Vice President and Finance Minister of Botswana, advocating for economic diversification and warning that monetary policy alone cannot sustain the Pula currency amid diamond sector volatility.
Verbatim sentences from the source article.
Botswana Sunday Standard
… Finance Minister Ndaba Gaolathe’s growing reliance on commercial banks to finance government’s widening fiscal gap is raising concerns that a severe deterioration in Botswana’s public finances could eventually spill over into the banking sector, exposing lenders to losses and thr …
Gaolathe’s debt problem risks becoming a banking problemDaily News Botswana
As Botswana marks half a century of the Pula and Thebe, Vice President and Minister of Finance, Mr Ndaba Gaolathe used the Bank of Botswana’s golden anniversary celebrations to deliver a candid message: the currency’s next 50 years will only be as strong as the diversified, inclu …
Currency strength depends on diversified economyDaily News Botswana
Vice President Mr Ndaba Gaolathe has praised Debswana Diamond Company for its annual GM’s Walk, saying the charity drive is making a tangible difference in improving the quality of life for communities in the company’s zone of influence. …
Gaolathe commends Debswana GM Walk initiativeWeekend Post
… Ndaba Gaolathe, Botswana’s Minister of Finance and Vice President, laid it out bluntly in Parliament: Botswana is not in debt distress. …
Botswana defies regional debt woesDaily News Botswana
… The event will be officiated by Vice President and Minister of Finance Mr Ndaba Gaolathe. …
Kanye to host Pula Day commemorationDaily News Botswana
… Clarifying roles in financial intelligence oversight Presenting the Financial Intelligence Bill, Minister of Finance and Vice President Mr Ndaba Gaolathe said the amendments were meant to clarify the distinct roles of the National Coordinating Committee on Financial Intelligence …
Anti-Financial Crime Bills to Strengthen Botswana AML FrameworkDaily News Botswana
… Ndaba Gaolathe also attended. The minister stressed that NHI should not be seen as ‘just another medical insurance scheme,’ but as a fundamental transformation aimed at achieving Universal Health Coverage. …
NHI requires legislative and governance reformsDaily News Botswana
Vice President Mr Gaolathe urged pupils at Maikano Junior Secondary School to begin building their futures now, telling them not to wait until secondary school or university to decide who they want to become. …
Work hard and start now - GaolatheDaily News Botswana
… The value of such a partnership can be seen in what remains within the country,” said Vice President and Minister of Finance, Mr Ndaba Gaolathe, at the Launch of the 2026 Botswana Country Focus Report, Monday in Gaborone. …
Effective execution vital to reform effortsDaily News Botswana
… Speaking at the launch of the report in Gaborone on Monday, Vice President and Minister of Finance Mr Ndaba Gaolathe said government was aligning with the Bank to deepen institutional capacity and accelerate the mobilisation of capital for viable investments. …
Govt aligns with ADB for viable investmentsVice 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 →
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 →
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 →
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 →
President Advocate Duma Boko's State Visit to Angola is expected to unlock opportunities for mutually beneficial economic and commercial cooperation and deepen ties between the two countries. The Presidents are expected to discuss programmes to strengthen trade and investment linkages in mining, energy, transport, food security, tourism and regional connectivity, and to witness the signing of a Bi-National Commission agreement.
7 September 2026 · Daily News Botswana →
President Boko called on African investors and entrepreneurs to directly fund growth through targeted investment channels, saying African business leaders must take charge of industrial transformation. He added that governments must create enabling environments for local investors to prosper.
3 September 2026 · Daily News Botswana →
Mophato Dance Theatre premiered CHABA, a four-day production at Gaborone City Council Town Hall, directed by Andrew Kola and Kalima Mipata. The production, attended by Vice President Ndaba Gaolathe, compresses 15 years of dance by Mophato while telling 60 years of Botswana's story from 1966 to present, celebrating the country's cultural heritage and its preservation and development.
3 September 2026 · Daily News Botswana →
Finance Minister Ndaba Gaolathe has asked Parliament to increase the ceiling on Botswana's government bond issuance programme from P55 billion to P85 billion, characterizing the move as a matter of financing flexibility rather than an intention to borrow the full amount.
30 August 2026 · Botswana Sunday Standard →
As Botswana marks 50 years since establishing the Pula, Finance Minister Ndaba Gaolathe says the currency's future depends on building a broader, more productive and inclusive economy.
29 August 2026 · The Botswana Gazette →
Vice President Ndaba Gaolathe said Botswana is working to diversify its economy and reduce vulnerability to global fluctuations by attracting private investment and developing new industries, while addressing climate change and biodiversity loss as critical financial risks that affect production costs, asset values and investment.
27 August 2026 · Daily News Botswana →
Mophane Primary School in Gaborone West has earned a national reputation as a top performer with a 96.5 per cent pass rate in 2025, drawing pupils from across Greater Gaborone and beyond; the school grapples with severe resource constraints including shortages of furniture and textbooks despite serving about 1,050 pupils across 35 classes.
26 August 2026 · Daily News Botswana →
International risk analysts warn that Finance Minister Ndaba Gaolathe's growing reliance on commercial banks to finance government's fiscal gap risks a spillover into the banking sector, potentially exposing lenders to losses and threatening financial stability if public finances deteriorate.
24 August 2026 · Botswana Sunday Standard →
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 →
Vice President Ndaba Gaolathe commended Debswana Diamond Company for its annual GM's Walk, saying it is making a tangible difference in communities in the company's zone of influence. This year's walk aimed to raise funds to address water shortages and improve water infrastructure in Letlhakane, with proceeds from last year enabling the Water Utilities Corporation to commission a reverse osmosis plant.
24 August 2026 · Daily News Botswana →
Finance Minister Ndaba Gaolathe rejected concerns about a debt crisis, stating that Botswana is not in debt distress and maintains one of the lowest debt-to-GDP ratios in Sub-Saharan Africa at about 29 percent of GDP in the 2025/26 fiscal year, a position more favorable than many regional neighbors.
18 August 2026 · Weekend Post →
Kanye will host a Pula Day commemoration on August 24 under the theme "Pula le Thebe: Shielding Wealth, Nurturing Inclusive Growth," marking fifty years since Botswana introduced its national currency on August 23, 1976, after withdrawing from the Rand Monetary Area in 1974.
18 August 2026 · Daily News Botswana →
Parliament passed the Financial Intelligence (Amendment) Bill and the Trust Property Control (Amendment) Bill to tighten Botswana's defences against money laundering and terrorist financing. The Financial Intelligence Bill amendments clarify the distinct roles of the National Coordinating Committee on Financial Intelligence and the National Coordination Office to eliminate overlap.
18 August 2026 · Daily News Botswana →
Minister of Health Dr Stephen Modise has urged Members of Parliament to scrutinise the proposed National Health Insurance Reform, calling it one of Botswana's most consequential initiatives aimed at achieving Universal Health Coverage through fundamental transformation of the health system. The reform is designed to deliver a more resilient, digitised and interoperable health system, with a proposed strategic national fund to allow government to purchase healthcare services more effectively and reduce reliance on donor funding.
13 August 2026 · Daily News Botswana →
Vice President Gaolathe addressed pupils at Maikano Junior Secondary School, encouraging them to start planning their futures from a young age. He reflected on his own journey from Standard One to becoming Vice President, sharing how he studied mathematics and economics in the United States and worked in finance, urging the pupils to dream bigger and achieve more than he has.
12 August 2026 · Daily News Botswana →
The Africa Development Bank's 2026 Botswana Country Focus Report highlights strengthening project preparation, domestic capital markets, public investment management, and private capital mobilisation as central to government reforms. Vice President Ndaba Gaolathe stressed the need for sharper emphasis on execution and institutional capacity to move viable projects toward financial growth and implementation.
11 August 2026 · Daily News Botswana →
The African Development Bank's 2026 Botswana Country Focus Report calls for stronger project preparation, deeper capital markets, and better public investment management. Vice President Ndaba Gaolathe said government is aligning with the ADB to deepen institutional capacity and mobilise capital for viable investments, emphasising the need for sharper execution to move projects from preparation to implementation.
10 August 2026 · Daily News Botswana →
Vice President Ndaba Gaolathe praised the 30-year partnership between Botswana and the US Centre for Disease Control and Prevention for transforming the country's response to HIV, tuberculosis, and public health. Gaolathe noted that the partnership, which began in 1995, had guided evidence-based policy decisions and led to initiatives including the 2002 launch of Masa, a national programme of free antiretroviral treatment.
10 August 2026 · Daily News Botswana →
Vice President Ndaba Gaolathe told the US CDC-Botswana 30th Anniversary Science Summit that Botswana should be shaped by prevention, preparedness and science-driven delivery over the next 30 years, with focus on strengthening scientific capacity, reinforcing institutions and building a self-reliant economy through stronger disease surveillance, investment in health workers, and African capacity to research and manufacture diagnostics and vaccines.
6 August 2026 · Daily News Botswana →
Vice President and Finance Minister Ndaba Gaolathe cautioned in Parliament that Botswana's fragile economic recovery cannot sustain the Umbrella for Democratic Change's proposed P4.1 billion annual increase in social spending, which includes higher allowances for Ipelegeng workers, Village Development Committees, and tertiary students, plus extending old-age pensions to citizens aged 60 to 64, without worsening the fiscal deficit and increasing public debt.
3 August 2026 · Weekend Post →
Vice President and Minister of Finance Ndaba Gaolathe has urged investors to identify and back entrepreneurs at the earliest stages, describing angel investment as the critical bridge between founders and larger sources of finance. He called for stronger collaboration among government, banks, development finance institutions, universities, venture capital funds and the stock exchange to strengthen Botswana's entrepreneurial ecosystem.
3 August 2026 · Daily News Botswana →
Vice President Ndaba Gaolathe has urged stakeholders in Mmadinare to build business ideas around local resources such as agricultural land, tourism attractions, and water resources, saying this could unlock opportunities and accelerate rural economic transformation. He called for collaboration between community members, local businesses, and government agencies to identify viable projects that add value locally rather than exporting raw materials.
28 July 2026 · Daily News Botswana →
The Korean Economic Institute of America has supported Botswana in a trade conflict, noting that Botswana faces a 37% US tariff on its diamond exports while imposing only 2.03% tariffs on US imports. The analysis, provided by a South Korean commercial lobby, characterizes the US tariff as part of an effort to drive bilateral trade deficits to zero.
22 July 2026 · Weekend Post →
Vice President Ndaba Gaolathe said government decisions are guided by citizen welfare and that without intervention, the currency would have lost value and the economy could have collapsed. He noted foreign reserves stand at around P50 billion and cited projections that reserves could fall to zero by June 2026 without action.
19 July 2026 · Daily News Botswana →
Government has backed a loan and grant agreement with the Arab Bank for Economic Development in Africa worth €110 million (P1.713 billion) to the Botswana Development Corporation to support industrial growth and employment, plus a €500,000 grant to Botswana University of Agriculture and Natural Resources for agricultural research.
15 July 2026 · Daily News Botswana →
The government has developed reforms to stabilise the economy and reduce reliance on diamonds, including a national fund of funds initiative that will mobilise capital from government and local institutions to provide equity and venture debt to local businesses and emerging sectors like creative and digital industries.
13 July 2026 · Daily News Botswana →
Vice President Ndaba Gaolathe addressed the Future of Mining Summit in Botswana on June 29, 2026, presenting a roadmap that links resource development to industrial diversification and environmental stewardship, emphasizing that mining must extend beyond extraction to foster diversified economies and resilient communities.
7 July 2026 · Weekend Post →