News Botswana: Botswana Moves to Tighten Financial Sanctions Regime
Botswana is undertaking a decisive reset of its financial integrity systems, as weaknesses in anti-money laundering and counter-terrorism financing frameworks threaten both the country's reputation and its place in the global financial system.
News Botswana: Botswana launches new wealth fund to drive diversification, create jobs
Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage state companies, officials said on Wednesday. The country, long viewed as an African economic ...
News Botswana: Botswana to allow currency to depreciate quicker with economy under pressure
A building of the Bank of Botswana is seen in the capital Gaborone in Botswana, in this November 26, 2015 file photo. REUTERS/Siphiwe Sibeko GABORONE, July 10 (Reuters) – Botswana said on Thursday ...
News Botswana: Botswana to keep annual currency depreciation rate at 2.76%
Botswana will keep the annual rate of depreciation for its pula currency at 2.76% to preserve export competitiveness and support price stability, a finance ministry official said on Wednesday. The ...
News Botswana: Bermuda link in Botswana president tax row
Bermuda has been linked to a tax row in Botswana involving Ian Khama, the country’s president. It is claimed that the multi-national Wilderness Safaris Group, which operates across southern Africa and ...
News Botswana: Botswana faces tax hikes amid diamond slump
Botswana plans to raise corporate and personal taxes to offset a slump in diamond revenue and rein in a widening budget deficit. Proposals submitted by the Finance Ministry to lawmakers this week ...
News Botswana: Private banking awards national winners 2026: Botswana
Stanbic Bank Botswana demonstrated strong strategic execution during the review period, with growth in customer numbers and deposits, accelerated digital integration and expanded distribution through ...
News Botswana: Botswana Secures $20.8 Million Fodder Investment to Reduce Feed Imports
South Africa joint venture to establish large-scale irrigated fodder production Project aims to strengthen domestic livestock feed supply while creating 183 jobs Investment supports Botswana's efforts ...
News Botswana: Arc Minerals targets major Botswana copper discovery - One2One Investor Forum
Arc Minerals CEO Remy Welschinger talked with Proactive at the latest One2One Investor Forum about the company's copper exploration strategy across Botswana and Zambia, highlighting why the Botswana assets are becoming an increasingly important part of the portfolio. Welschinger outlined Arc Minerals' position within the Kalahari Copper Belt, where the company holds licences located close to MMG's operating and development assets. He explained that Arc's ground sits within the Zone 5 corridor and near MMG's recent discoveries, creating what he believes is a compelling exploration opportunity. Discussing the Botswana opportunity, Welschinger said: "The first time you go out there and you drill, no one has ever drilled in 20 years on the ground, we hit copper straight away." He added that the company is focused on defining prospective geological contacts before commencing its next drilling phase. The interview also covered Arc Minerals' extensive Zambia portfolio in the North Western Province, where the company controls a significant land package in the Domes region. Welschinger reviewed the history of the project, the previous joint venture with Anglo American, and the company's evaluation of potential future partnerships, including the possible use of AI-driven exploration technologies. #ArcMinerals #RemyWelschinger #Copper #CopperExploration #BotswanaMining #KalahariCopperBelt #ZambiaMining #MiningStocks #JuniorMining #CriticalMinerals #MMG #CopperMining #ResourceInvesting #MiningNews #ProactiveInvestors
News Botswana: Botswana central bank governor urges structural reforms to diversify economy
Bank of Botswana Governor Lesego Moseki on Wednesday called for urgent structural reforms to diversify the economy and rebuild fiscal buffers, as the country grapples with a protracted downturn in the ...
News Botswana: Botswana Takes Action to Assess and Prevent Financial Crimes
Botswana is the eleventh country in Africa to complete the extensive National Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Risk Assessment. This risk assessment revealed ...
News Botswana: Scatec reaches financial close in Botswana and prepares for construction start
Oslo, 19 December 2024: Scatec ASA, a leading renewable energy provider, has reached financial close for the second 60 megawatt (MW) of the 120 MW Mmadinare Solar Complex in Botswana and is preparing for construction start. In August 2022, Scatec, signed a binding 25-year power purchase agreement (PPA) with Botswana Power Corporation (BPC) for a 60 MW solar PV facility in the Mmadinare District. In the third quarter 2023, Scatec was awarded a 60 MW expansion of the project, taking the total capa
News Botswana: Botswana: Financial Constraints Halt National Border Buffer
The exercise to create a buffer along the international boundary was put on hold on account of financial resources, acting Minister of Lands and Agriculture, Dr Edwin Dikoloti has said. Dr Dikoloti said this answering a question in Parliament on Tuesday, indicating that the exercise commenced in May 2024 and was intended to cover the entire boundary of Botswana with its neighbours, including the Molopo area, to address territorial integrity and sovereignty.
News Botswana: Botswana: Sikwane Border Activities Low for Commercial Status Upgrade - Gaolathe
The Vice President, also the Minister of Finance, Mr Ndaba Gaolathe has informed Parliament that border infrastructure plays a critical role in development therefore, government remains committed to ensure that all regions are given fair consideration within national planning process.
News Botswana: Economy under pressure, Botswana to allow currency to depreciate quicker
Botswana said on Thursday it will allow its pula currency to depreciate by 2.76% over the next year, a faster rate than previously announced, as its economy is under pressure because of a prolonged downturn in the global diamond market.
News Botswana: Gov't moves to close tax gaps
Government has moved to tighten tax collection as fiscal pressures deepen, with authorities targeting significant leakages in the system to shore up domestic revenue.
News Botswana: Diamond slump pushes Botswana to weakest credit rating since 2001
The downgrade comes despite signs of economic recovery. Botswana’s economy expanded 8.2 percent year-on-year in the third quarter of 2025, rebounding from a revised 5.2 percent contraction in the previous quarter, according to the Central Statistics Office.
News Botswana: Botswana: African Development Bank approves $137 million loan for post-pandemic economic recovery
The Board of Directors of the African Development Bank Group ( www.AfDB.org ) has ...
