One of the biggest, most critical issues from the budget, was a never-before-seen budget deficit of P6 billion (about three percent of GDP). Combined with a revised deficit of P21 billion for year 2020/21, this meant that government was short of...
It should be noted that the rating had been adjusted in May 2020 from A2 with a stable outlook to A2 with a negative outlook, essentially forecasting the current downgrade. Previously, Botswana had been rated as A2 and stable since November 2011 but...
The lockdown lasted seven weeks, finally being relaxed on May 21, 2020. During this time movement was restricted and due to the restrictions, the Government of Botswana attempted to assist businesses and individuals against the resultant economic...
To frame our discussions, I always find it useful to go back to that guiding North Star of Vision 2036 and remember what we are pushing for and to remember that our long-term goals will only be achieved by short-term efforts. Though Vision 2036 is...
One of the more popular forms of initiative has been the Hackathon. This article therefore examines whether this approach as chosen by Government, parastatals and large corporates, does in fact do what it intends to do or is counterproductive to the...
The guidelines were a revision of guidelines that were launched and approved in 2008. Since then, the Botswana economy has changed drastically necessitating a revision of the guidelines to ensure they are still relevant to the market and...
This document’s primary purpose is to look holistically at the past three years of the Botswana economy, what we’ve achieved, challenges and adjust the trajectory of the NDP11 as necessary. In this article I therefore try to bring out some...
This document is meant to be the roadmap by government to stimulate and shock the economy out of the worst economic crisis Botswana has ever had and was prepared by a committee led jointly by the Governor of the Bank of Botswana (BoB) and the...
The President of Botswana, Mokgweetsi Masisi later pronounced during the coronavirus-induced (COVID-19) State of Emergency Parliamentary proceedings that he would be pushing to have the law tabled and possibly enacted in the July 2020 Parliamentary...
Social distancing and lockdown rules, whilst necessary for the control of the virus, are detrimental to many economies and more so an economy like that of Botswana, which is reliant on sectors such as hospitality, travel, tourism, mining and the...
Just like the World Wars though, this pandemic has forced responses that challenge the status quo and predict that life and business will change post the pandemic. For Botswana, this is no different. The pandemic has put front and centre our...