My Financial News from Botswana

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Botswana , Thursday 16 April 2026

News Botswana: Botswana: Sikwane Border Activities Low for Commercial Status Upgrade - Gaolathe

Published on: Sunday 22 February 2026
Botswana: Sikwane Border Activities Low for Commercial Status Upgrade - Gaolathe
News source: https://allafrica.com/stories/202602240033.html

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

Published on: Thursday 10 July 2025
Economy under pressure, Botswana to allow currency to depreciate quicker
News source: https://www.timeslive.co.za/news/africa/2025-07-11-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

Published on: Friday 20 March 2026
Gov't moves to close tax gaps
News source: https://www.mmegi.bw/business/govt-moves-to-close-tax-gaps/news

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

Published on: Monday 16 March 2026
Diamond slump pushes Botswana to weakest credit rating since 2001
News source: https://businessday.ng/africa/article/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

Published on: Sunday 18 August 2024
Botswana: African Development Bank approves $137 million loan for post-pandemic economic recovery
News source: https://www.pulse.ng/story/botswana-african-development-bank-approves-dollar137-million-loan-for-post-pandemic-2024081821471328730

The Board of Directors of the African Development Bank Group ( www.AfDB.org ) has ...

News Botswana: FNBB braces for P221m loan defaults

Published on: Sunday 08 March 2026
FNBB braces for P221m loan defaults
News source: https://www.mmegi.bw/business/fnbb-braces-for-p221m-loan-defaults/news

The country’s largest commercial bank, First National Bank Botswana (FNBB), with P21.6 billion in loans and advances, has set aside P221 million from its half-year profits as it braces for potential loan defaults, with households and businesses facing the strain of tightening economic conditions.

News Botswana: Botswana Loan Entangled in Zimbabwe's Political Woes

Published on: Tuesday 02 October 2012
Botswana Loan Entangled in Zimbabwe's Political Woes
News source: https://www.voazimbabwe.com/a/zimbabwe-creditline-botswana-zimbabwe-harare-gaborone/1519602.html

Some treasury officials told VOA Studio 7 the Ministry of Finance is being blocked by the Zanu PF arm of the government from writing a credit guarantee letter to the Botswana government fearing that Gaborone is trying to tie the loan to democratic reforms.

News Botswana: Bitcoin Adoption In Botswana

Published on: Sunday 25 July 2021
Bitcoin Adoption In Botswana
News source: https://www.aol.com/news/bitcoin-adoption-botswana-120756727.html

Although Botswana citizens are finding it easier to transact Bitcoin with the establishment of Satoshicentre set up by Alakanani Itireleng, a foremost Bitcoin dealer, and a Bitcoin ATM set up in ...

News Botswana: Botswana Minerals turns away from diamonds

Published on: Monday 16 March 2026
Botswana Minerals turns away from diamonds
News source: https://www.irishtimes.com/business/2026/03/17/botswana-minerals-turns-away-from-diamonds/

Explorer shelves long-time pursuit of gems, switching focus to in demand copper as lab-grown product undermines diamond market ...

News Botswana: Botswana Minerals looks to raise almost £1.2m to further copper prospecting

Published on: Thursday 19 March 2026
Botswana Minerals looks to raise almost £1.2m to further copper prospecting
News source: https://www.irishtimes.com/business/markets/2026/03/20/botswana-minerals-looks-to-raise-almost-12m-to-further-copper-prospecting/

Dublin-headquartered company changed its name from Botswana Diamonds earlier this month to reflect pivot to minerals ...

News Botswana: 'You are not scaling Ethereum': Vitalik Buterin issues a blunt reality check to the biggest crypto networks

Published on: Monday 02 February 2026
'You are not scaling Ethereum': Vitalik Buterin issues a blunt reality check to the biggest crypto networks
News source: https://www.coindesk.com/business/2026/02/03/you-are-not-scaling-ethereum-vitalik-buterin-issues-a-blunt-reality-check-to-the-biggest-crypto-networks

The roadmap in place doesn't make as much sense because progress among layer-2s toward later stages of decentralization has been slower and more difficult, and Ethereum itself is now scaling directly on layer-1.

News Botswana: Gov’t seeks P3bn loan from commercial banks

Published on: Sunday 15 March 2026
Gov’t seeks P3bn loan from commercial banks
News source: https://www.mmegi.bw/business/govt-seeks-p3bn-loan-from-commercial-banks/news

The Minister of Finance is set to approach Parliament for approval to raise $216.6 million (about P2.95 billion) from three commercial banks, marking a rare turn to bank lending as the government grapples with mounting fiscal pressures and a widening budget deficit.

News Botswana: Botswana to tighten fiscal discipline amid financial challenges

Published on: Wednesday 11 February 2026
Botswana to tighten fiscal discipline amid financial challenges
News source: https://businessday.ng/news/article/botswana-to-tighten-fiscal-discipline-amid-financial-challenges/

The government of Botswana said it would implement institutional reforms and tighten fiscal discipline measures due to growing public debt...

News Botswana: Botswana improves rankings in 2025 Absa index

Published on: Tuesday 17 February 2026
Botswana improves rankings in 2025 Absa index
News source: https://www.mmegi.bw/business/botswana-improves-rankings-in-2025-absa-index/news

The Absa Africa Financial Index 2025 has revealed that Botswana improved its rankings, achieving a score of 63 and placing the country firmly amongst the top-tier financial markets on the continent.

News Botswana: US, Botswana forces conclude successful Southern Accord 2024

Published on: Thursday 15 August 2024
US, Botswana forces conclude successful Southern Accord 2024
News source: https://www.army.mil/article/278989/us_botswana_forces_conclude_successful_southern_accord_2024

Back to U.S. Army Southern European Task Force, Africa SHOSHONG, Botswana — After two weeks of intensive training and collaboration, exercise Southern Accord 2024 concluded with a closing ceremony in ...

News Botswana: Botswana and Ghana point to a new model for African mining

Published on: Monday 02 February 2026
Botswana and Ghana point to a new model for African mining
News source: https://www.myjoyonline.com/botswana-and-ghana-point-to-a-new-model-for-african-mining/

Over the past year, policymakers in several of the continent’s major producers have advanced new mining frameworks centred on local content and domestic participation.

News Botswana: Botswana businesses seek partnership with Nigerian counterparts

Published on: Saturday 05 October 2024
Botswana businesses seek partnership with Nigerian counterparts
News source: https://thenationonlineng.net/botswana-businesses-seek-partnership-with-nigerian-counterparts/

Nigerian investors have been encouraged to take advantage of the wealth of opportunities available across the African continent in order to expand their business frontiers. Giving this charge was ...

News Botswana: Botswana says China agreed to extend loan, cancel debt

Published on: Tuesday 06 August 2024
Botswana says China agreed to extend loan, cancel debt
News source: https://www.standardmedia.co.ke/business/news/article/2001295167

China's President Xi Jinping (R) and President of Botswana Mokgweetsi Masisi arrive for the welcome ceremony at the Great Hall of the People in Beijing, China, 31 August 2018. [Photo: Roman ...