Our June 2026 issue is out. How Duma Boko is re-architecting Botswana – from a diamond-dependent rentier state into a sovereign-equity economy built to rival the Gulf – and what that turn asks of everyone doing business here.
Botswana is doing something most resource economies only talk about. It is changing what it owns. For two generations the national model was simple and, for a while, brilliant: dig diamonds, tax the proceeds, spend the receipts. The new administration is rewriting that sentence. The plan now is not to tax the upside but to hold it – to turn the state from a landlord collecting rent into a shareholder building equity. We have called it the Boko Doctrine, and it is the spine of this issue.
The signals are already on the table. A government move to take half of Okavango Diamond Company sales out of the old arrangement and into state hands. An open question over more than half of the De Beers stake. A citizenship-by-investment programme priced at 75,000 to 90,000 US dollars. Five hundred megawatts of planned solar around Maun. Read separately, each is a headline. Read together, they describe a country deciding to own its own future rather than rent it out.
This is the argument the issue makes, and tests. Sovereignty over assets is not the same as competence in managing them, and the difference between a sovereign-wealth economy and a captured one is governance. So we set the vision next to the arithmetic – the deficit and debt pressures, the rate the Bank is holding, the inflation it is watching – and let readers weigh the distance between the two.
DOWNLOAD >> Moakanyi Magazine Vol 06 Issue 01June2026
