Also known as: World Bank Group
International organization that issues warnings and research on Botswana's economic challenges including diamond revenue decline, poverty, inequality, and fiscal adjustment needs.
Verbatim sentences from the source article.
Weekend Post
… The World Bank estimates that over $1 trillion is paid in bribes annually worldwide, with corruption costing the global economy trillions of dollars in lost productivity, weak investment, and inefficiencies. …
Minister proposes sweeping anti-corruption reforms with new DCEC overhaulWeekend Post
… The survey echoes long-standing warnings from institutions such as the World Bank and International Monetary Fund that Botswana’s growth model remains highly vulnerable to commodity cycles and delayed structural transformation. …
Botswana’s business outlook turns deeply pessimistic againBotswana Sunday Standard
Sunday Standard Okavango funding push signals new economics of conservation The World Bank’s $10 million commitment to a new financing vehicle for the Cubango-Okavango River Basin marks a notable shift in how southern Africa’s natural assets may increasingly be funded — less thro …
Okavango funding push signals new economics of conservationWeekend Post
… The World Bank has also underscored LPG’s role as a crucial transitional fuel for developing economies, given its lower emissions compared to traditional solid fuels. …
BERA moves to strengthen oversight of LPG PricesWeekend Post
… It cites warnings from the International Monetary Fund, World Bank, Organisation for Economic Co-operation and Development, African Development Bank, Transparency International, parliamentary committees, the Auditor General, Public Procurement and Regulatory Authority reports, NG …
BCP rejects forensic audit processWeekend Post
… Major economic institutions forecast a slowdown in growth, with the International Monetary Fund and World Bank projecting global GDP growth to hover around 2.7 to 3.1 percent in 2026, well below pre-pandemic averages. …
Global Economic Confidence Crashes Amid Crisis and Cost SurgeWeekend Post
… World Bank research suggests that while such agreements can reduce uncertainty and are often expected to attract foreign investment, the actual benefits can be inconsistent and modest. …
Botswana–Rwanda Tax Pact Sparks Investment OptimismWeekend Post
The World Bank Group has issued a stark and urgent warning that the ongoing conflict in the Middle East is triggering one of the most significant shocks to global commodity markets in recent memory. …
World Bank Forecasts Steep Rise in Energy and Commodity PricesMmegi
The Ministry of Trade and Entrepreneurship recently revealed that some of the momentum towards this shift was backed by research conducted by the World Bank.The research showed some weaknesses in the diversification of the tourism sector, including low tourism visits, shorter sta …
Gov't pushes ahead with 24-hr economyWeekend Post
… South Africa’s recent $1.5 billion World Bank-backed initiative to decarbonize transport infrastructure exemplifies the kind of projects that benefit from CEO Africa Roundtable’s advocacy and matchmaking between financiers and implementers. …
CEO Africa Roundtable’s Policy Laboratory lands in BotswanaBotswana's economy is expected to stage a modest recovery over the next two to three years, largely on the back of a rebound in diamond production from historically low levels, though the World Bank warns that only structural reform can meaningfully reduce poverty and unemployment.
17 hours ago · The Botswana Gazette →
Botswana's economy is expected to stage a modest recovery over the next two to three years, largely on the back of a rebound in diamond production from historically low levels, though the World Bank warns that only structural reform can meaningfully reduce poverty and unemployment.
17 hours ago · The Botswana Gazette →
The World Bank says Botswana's diamond wealth has transformed the country into an upper-middle-income economy, but poverty, inequality, and unemployment remain stubbornly high and benefits have not been widely shared.
22 July 2026 · Botswana Sunday Standard →
The World Bank has warned that Botswana must enact a fiscal adjustment of roughly 4 percent of its Gross Domestic Product to stabilize public debt and avoid an unsustainable financial trajectory.
22 July 2026 · Weekend Post →
The World Bank reports that Botswana's diamond revenues, which once covered more than two years of government wages, now cover only four months, as declining revenues, widening budget deficits and delayed reforms constrain the government's fiscal position.
21 July 2026 · Botswana Sunday Standard →
The World Bank has warned that high poverty, deep income inequality, and a worsening jobs crisis are undermining Botswana's long-term growth prospects and threatening its ambitions to become a more inclusive upper-middle-income economy. The bank argues that persistent poverty and one of the world's highest levels of inequality have become structural barriers to sustainable development.
21 July 2026 · Botswana Sunday Standard →
Powertel Communications and Paratus Zimbabwe have launched the first phase of a fiber optic project linking Zimbabwe, Botswana, Zambia, South Africa, and the wider Paratus continental network. The initial active segment runs from Plumtree to Bulawayo as part of a public-private partnership agreement signed in June 2025.
14 July 2026 · Weekend Post →
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 →
Botswana is planning a complete ban on single-use plastics by 2027, shifting from taxing plastic use to eliminating it outright. The government is willing to forgo the P1.5 million monthly revenue from the plastic levy to protect ecosystems, wildlife, and public health, giving manufacturers and importers time to transition to reusable and biodegradable packaging.
16 June 2026 · Weekend Post →
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 →
Botswana's diamond industry leaders are calling for a shift from traditional mining and sales toward an ecosystem focused on traceability, blockchain technology, and digital trading to compete with lab-grown gems and appeal to younger consumers. Industry executives stressed that natural diamonds must emphasize emotional and historical value alongside transparency about a stone's origin and journey to market.
2 June 2026 · Weekend Post →
Botswana's government plans to introduce a new Anti-Corruption Bill to Parliament in July and grant the Directorate on Corruption and Economic Crime full operational independence, according to the Minister for State President, Defence and Security. The reforms aim to bolster accountability, restore public trust, and elevate governance standards.
2 June 2026 · Weekend Post →
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 →
The World Bank has committed $10 million to a new financing vehicle for the Cubango-Okavango River Basin, marking a shift toward structured long-term capital for conservation rather than sporadic donor support.
25 May 2026 · Botswana Sunday Standard →
The Botswana Energy Regulatory Authority is developing a new pricing framework for liquefied petroleum gas to be completed by December, aiming to increase transparency and prevent anti-competitive practices in a market dominated by five importers. The move addresses concerns about market concentration and collusion risks as LPG demand grows among households and businesses.
20 May 2026 · Weekend Post →
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 →
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 →
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 →
The World Bank Group warns that the Middle East conflict is causing the largest oil supply loss on record, with global commodity prices forecast to rise 16 percent in 2026 and energy prices expected to surge 24 percent, fueling inflation and slowing growth in import-dependent economies like Botswana.
12 May 2026 · Weekend Post →
The Ministry of Trade and Entrepreneurship is advancing a 24-hour economy model, supported by World Bank research showing weaknesses in tourism diversification, including low tourism visits, shorter stays, and weak infrastructure.
4 May 2026 · Mmegi →
The CEO Africa Roundtable, described by its Chief Economist as a policy laboratory, has landed in Botswana. The organization aims to convert boardroom discussions into actionable strategies and influence policy across the continent.
28 April 2026 · Weekend Post →
British International Investment has announced a five-year strategy to mobilize £9 billion in fresh capital for Africa, with £5 billion from its own funds leveraged to attract private investment. The initiative focuses on frontier markets and least developed countries where private capital has historically been scarce.
28 April 2026 · Weekend Post →
A World Bank analysis commissioned by the government found that Botswana remains heavily dependent on high-end wildlife tourism, according to remarks by the Minister of Environment and Tourism at the 41st Hospitality and Tourism Association of Botswana conference.
23 April 2026 · Mmegi →
Botswana's second National Money Laundering and Terrorist Financing Risk Assessment (2020–2024) shows that only P887,000 has been recovered from P380 million stolen by workers, according to findings in the assessment.
22 April 2026 · Mmegi →