Botswana’s exit from the Financial Action Task Force’s (FAFT) grey list and the European Union (EU) black list will be determined by the outcome of an on-site assessment that will be discussed at the FAFT Plenary in October 2021, the Minister of Finance and Economic Development, Peggy Serame, has said. Read more.
GABORONE-Southern African countries have agreed to pull resources together and make use of the Project Preparation Development Facility (PPDF) to develop bankable investment ready water sector projects while capacity is being developed. Read more.
The favorable economic environment and stability in the property sector has positive outcome to the local property sector value with the average price for residential properties 11% up to P800K, Market for office space remains weaker due to COVID-19 and Construction developments at Gabs CBD to unlock growth, economic development analysts have said. Read more.
Tobacco traders have cried out to the Presidency of Botswana to show them leniency regarding to the signing of the Tobacco Control Bill No.9 of 2021, which has already gone through parliament despite criticism and is said to have hard done the sector. Read more.
Gaborone - Botswana Minister of Finance and Economic Development, Peggy Serame will table the country’s national budget in the next fortnight focusing on key sectors of education, health and infrastructure development. Read more.
Gaborone-Botswana has made commitment to work on a bilateral engagements with other common wealth countries to revive their battered economy which has lost billions from the tourism industry because of the crippling effects of the Covid 19 pandemic. Read more.
Gaborone-Botswana Minister of Agriculture Development and Food Security, Karabo Socraat has set in motion plans for a new transformative food production programme to replace the Integrated Support Programme for Arable Agriculture (ISPAAD). Read more.
Botswana is anticipating an economic growth of 9.7% by year end 2021, which is a reasonable increase as compared with the 8.8% in the same period 2020. Read more.
GABORONE-Botswana has intensified efforts to reboot the ailing tourism industry battered by the low international tourist visits since the advent of Covid by adopting innovative ways of marketing the country as the jewel of Africa. Read more.
Gaborone - De Beers and National Geographic have launched a partnership agreement code named Okavango Eternal, to protect the source waters of the Okavango Delta and the lives and livelihoods they support. Read more.