The Bank of Botswana Governor Cornelius K Dekop has revealed that the Monetary Policy Committee has maintained the Monetary Policy Rate maintained at 1.9 percent.
He also indicated that the revised import tariff rate for exports to United States of America(USA) set at 37 percent, which has been put on hold for 90 days, would if implemented adversely impact on Botswana’s exports which account for a significant amount of Botswana revenue earnings.
Preliminary accounts by the Botswana Unified Revenue Service(BURS) indicate that the net tax revenue collected as at 31st March 2025 amounts to P61.097 billion, surpassing the target of P58.704 billion by P2.393 billion (4.08%).
On the 12th April 2025, Botswana will be hosting its second World Athletics Continental Tour competition in Gaborone, Botswana at the National Stadium.
The BIHL Trust, the charitable arm of the BIHL Group, has reaffirmed its commitment to supporting communities across Botswana by donating P500,000.00 to the Botswana Red Cross Society to assist with flood relief efforts.
Botswana Defence Force(BDF) students received official certificate of French language (called “DELF”) from The Ambassador of France to Botswana, His Excellency Mr Pierre Voillery, and the Director of the Alliance Française de Gaborone, Ms Aurélie Gbeffa, during an award ceremony at the Residence of France in Gaborone.
After 6 years of ptotracted negotiations, the Government of Botswana and De Beers Group formally announced that, the two partners have signed the formal new agreements for a 10-year Sales Agreement.
Botswana Post has launched the innovative Post4Health initiative ensuring that essential medicines, vaccines, and medical supplies reach all corners of the country—particularly our most underserved communities officials have revealed.
The Bank of Botswana has announced the revision of the prevailing Pula currency basket weights of 45% for the South African rand and 55% for the Special Drawing Right (SDR) comprising the US dollar, Euro, British Pound, Japanese Yen and Chinese Renminbi.
The Annual Fairscape Carols by Candlelight event, held at the Fairscape Precinct, , brought together Fairscape tenants, corporate partners, and guests to celebrate the festive season with a spirit of unity and giving. The event, now in its 6th instalment, was marked by the warmth of community, the beauty of song, and a strong call to action for social responsibility.
The Monetary Policy Committee (MPC) of the Bank of Botswana maintained the Monetary Policy Rate (MoPR) at 1.9 percent but reduced the Primary Reserve Requirement (PRR) from 2.5 percent to 0 percent.
The Minister of Trade and Entrepreneurship has revealed that the serious nature of allegations of sabotage and impropriety at the Citizen Entrepreneurship Development Agency(CEDA) compelled him to instigate a forensic audit of the Financial Development Institution(FDI).
The Umbrella for Democratic Change (UDC) just took office but Monday afternoon protestors gathered en masse and vociferously demanded action against corruption.
The landslide victory by the United Democratic Congress(UDC) in last week’s national election and the palpable emotion of voters was visible at the inauguration of the country’s sixth president, His Excellency Advocate Duma Boko, at the Botswana National stadium today in Gaborone, Botswana.