Markets and Wealth News in Botswana

Treasury borrowing hits halfway mark as bond issuance lags

Bonds

Sunday Standard Treasury borrowing hits halfway mark as bond issuance lags The Bank of Botswana will seek P3.1 billion from domestic investors on September 24, taking government securities financing past the halfway mark for the 2026/27 financial year, although Treasury bill issuance has already reached its annual target while bond sales remain behind schedule. The central bank will offer P1 billion in three-month bills, P1.5 billion in six-month bills and P600 million in reopened bonds maturing in 2029, 2043 and 2050. The auction is the sixth of 2026/27 and the first under the expanded P85 billion Note Programme. .ihc-locker-wrap{} There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours.

Solar Industries shares up over 6%! What's driving defence stock that has surged 60% in YTD | Check target price

Solar Industries, with significant market share in industrial explosives, is anticipated to see substantial growth through its defense sector and new international ventures. PL Capital's projections indicate a revenue and PAT growth of 28% and 30% by FY29E, supported by a new subsidiary in Botswana.

AFRICA FINANCE IN BRIEF: Botswana second downgrade, Ghana’s new cedi and fresh inflation risks

Inflation

Here are the stories shaping Africa’s financial markets, economies and businesses this week — from Botswana’s weakening diamond revenues and read more AFRICA FINANCE IN BRIEF: Botswana second downgrade, Ghana’s new cedi and fresh inflation risks

Botswana: The Trap of a Well-Managed Resource Windfall

Botswana cut its projected 2026 budget deficit to 3.1% of GDP from an earlier forecast of 8.9%, yet Moody's still downgraded its sovereign rating from Baa1 to Baa2. The country's prudent fiscal management has cushioned the impact of weaker diamond revenues, ...

Botswana: Navigating Botswana Economic Evolution

Letlhakane — For nearly six decades, the story of Botswana has been inextricably linked with the brilliance of its natural diamonds. The revenues generated beneath the earth have built the roads, schools, and hospitals that define modern Botswana. Yet, as the nation approaches its historic 60th anniversary of Independence this year, the global diamond market […] The post Botswana: Navigating Botswana Economic Evolution first appeared on South Africa Today .

Botswana sharply reduces budget deficit forecast on revenue boost from central bank

Botswana now expects a much smaller budget deficit this fiscal year thanks to higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe said on Tuesday.

12 days ago

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Inflation eases marginally as electricity, food costs rise

Inflation

Sunday Standard Inflation eases marginally as electricity, food costs rise Botswana’s annual inflation eased marginally in August, offering little relief to consumers as higher electricity, food and other household costs continued to keep price pressures elevated. Inflation slowed to 9.3 percent in August from 9.4 percent in July, according to Statistics Botswana’s latest Consumer Price Index. The reading remains well above the central bank’s medium-term objective range, pointing to continued pressure on household purchasing power. .ihc-locker-wrap{} There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours. Save 77% on an annual subscription.

13 days ago

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Absa delivers double-digit profit growth

Sunday Standard Absa delivers double-digit profit growth Absa Bank Botswana has delivered a resilient first-half performance, lifting profit after tax 18 percent to P376.7 million despite weak domestic demand, uncertainty in the diamond industry and a more challenging economic environment. Total income rose 14 percent to P1.29 billion, underpinned by a sharp increase in non-interest income. Net trading and investment income surged 157 percent to P262.3 million, reaching P262.3 million, while net fee and commission income increased 7 percent to P284.2 million. .ihc-locker-wrap{} There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours.

13 days ago

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Letshego raises P327m through fresh note issuance

Interest Rates

Sunday Standard Letshego raises P327m through fresh note issuance Letshego Africa Holdings has raised a further P327.2 million through the issuance of debt securities under its amended and restated P3.5 billion Medium Term Note Programme, adding to the Botswana-based financial services group’s funding base. The new notes, announced on 17 September, comprise 14 Botswana pula-denominated instruments with a combined nominal value of P327.2 million, alongside a USD400,000 note. All the instruments are senior unsecured and carry fixed interest rates. .ihc-locker-wrap{} There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours.

What travellers should know before visiting Botswana’s Okavango Delta

FX Market

Visiting Botswana's Okavango Delta? Here is what international travellers should know about Maun, transport, the landscape, and the currency.

16 days ago

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Angola and Botswana Expand Cooperation

[ANGOP] Luanda -- Angola and Botswana will extend bilateral cooperation to the energy, oil, tourism, and diamond industry sectors, in addition to already developed areas such as defense and livestock, President João Lourenço announced on Tuesday in Luanda.

25 days ago

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Angola and Botswana Strengthen Cooperation With Three Agreements

FX Market

[ANGOP] Luanda -- Angola and Botswana signed three legal instruments of cooperation this Tuesday (8) in Luanda, with emphasis on the areas of Defense, Livestock and the establishment of a Binational Commission.

Botswana and Angola Deepen Economic Ties With Energy and Mining in Focus

Botswana and Angola identified energy, mineral resources, transport and infrastructure as priority areas for cooperation following their first Joint Permanent Commission in Luanda. The two governments agreed to establish a higher-level Bi-National Commission and adopted an implementation matrix to track commitments made during the ...

Africa : Rwanda and Botswana Strengthen Defense Cooperation

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Rwanda and Botswana have reaffirmed their commitment to deepening military cooperation, particularly in training and professional development. The two countries also seek to intensify exchanges between their armed forces and … L’article Africa : Rwanda and Botswana Strengthen Defense Cooperation est apparu en premier sur Africa24 TV .

28 days ago