S&P reportedly cut Botswana’s outlook in June 2025, citing low diamond prices and a deficit projected near 11% of GDP – putting fiscal stress from the downturn on the record.
Section
Money
Hope on the Horizon: Government Sees Growth Returning in 2025
In February 2025 Botswana’s finance minister forecast a 3.3% growth rebound, pinned to an expected recovery in diamond prices.
Botswana’s Approach to Good Governance: Lessons for Southern Africa
Discover Botswana’s approach to good governance and the lessons it offers Southern Africa in transparency, accountability, and sustainable development.
Entrepreneurship Programmes Win Hearts Amid Economic Hardship
As Botswana voted in October 2024, some supporters credited government entrepreneurship programmes with helping them start businesses, even as the macro picture worsened.
Strengthening Transparency in Southern Africa
Discover how Southern Africa is strengthening transparency in governance through technology, institutional reforms, and civil society partnerships.
Mining Reform Puts Citizens at the Heart of Resource Ownership
A draft 2024 bill would put citizens into the cap table of the mines. If the state declines its equity, companies would have to sell a 24% stake to Batswana instead.
Central Banker Doubts 4.2% Growth as Diamond Sales Collapse
A senior Bank of Botswana official has warned that the country could miss its 4.2% growth target, with Debswana sales down 48% in the first quarter of 2024.
How Governance Impacts Regional Trade Policies
Explore how governance impacts regional trade policies in Southern Africa, from transparency and policy alignment to addressing corruption and fostering growth.
The Role of Digital Transformation in Public Services
Discover how digital transformation is revolutionizing public services in Southern Africa, enhancing efficiency, transparency, and accessibility for citizens.