Botswana’s grim economic reality

*More government expenditure despite economic struggles *2024/25 budget deficit projected at P24.73 billion Botswana’s economy contracted by 3.1% in 2024, a sharper decline than the 1.7% forecast by the government in December, Finance Minister Ndaba …

Botswana aims for a first with World Relays bid

If the bid is successful, Botswana will become the first African country to host the track and field global competition. The World Athletics Council will announce the bid winner on March 24, 2025. The relays are a qualifier for the World Athletics …

Flooding forces BMA to shut three SA-Botswana border posts

Cape Town – The Border Management Authority (BMA) has suspended operations at three ports of entry — Pont Drift, Makgobistad, and Derdepoort — due to severe flooding caused by heavy rainfall. These border posts, which connect South Africa to Botswana, have …

Botswana central bank holds key rate with inflation seen within target

Botswana's central bank left its main lending rate unchanged on Thursday at its first monetary policy meeting of the year, saying inflation was expected to remain within its target range over the medium term. The Bank of Botswana also held the rate at …

Zotus Group Signs Landmark MOU with Government of Botswana to Develop a Multi-Billion Dollar “Dubai-Style” Kalahari City

Zotus Group has signed a MOU with the Government of Botswana to develop Kalahari City, a special economic zone designed to transform the country’s economy. LONDON, LONDON, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- The 20-square- …

Operations at three border posts with Botswana suspended due to floods

Operations at three ports of entry between South Africa and Pont Drift, Makgobistad and Derdepoort have been temporarily suspended due to severe flooding, Border Management Authority (BMA) commissioner Michael Masiapato said on Thursday.  The heavy …

Did a Tax Dispute Hold Up the De Beers-Botswana Deal?

De Beers and the Botswana government have concluded their negotiations over a new sales agreement for rough diamonds after more than five years of discussions. They haven’t signed yet: Bogolo Kenewendo, minister of minerals and energy, said she hoped this …

Botswana’s Land Crisis Deepens

Unchecked land degradation threatens the country’s environment, economy, and future DOUGLAS RASBASH Botswana is facing an escalating environmental disaster that could render vast areas of the country uninhabitable. Almost half of Botswana’s land is …

Drones show heavy flooding across Botswana’s capital

Botswana closes schools due to heavy rains

GABORONE, Feb. 20 (Xinhua) -- Botswana's education authorities have ordered a temporary closure of schools due to disruptions in student transportation caused by heavy rainfall. The heavy rains have flooded most roads and cut off some of them, making …