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Foreign reserves get depleted

Pino Kilano by Pino Kilano
July 29, 2025
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Significant drop linked to decline in diamonds revenue Reserves went down by P0.9 billion as 31st May 2025 Govt forced to borrow more and more Ndaba believes economic recovery is attainable   BAKANG TIRO editors@thepatriot.co.bw An economic briefing by the Bank of Botswana (BoB) executives on Friday painted a gloomy picture for the country’s economic…

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  • BOSETU disburses P2 million bursariesAugust 15, 2025
    STAFF WRITER editors@thepatriot.co.bw RelatedPosts BOSETU disburses P2 million bursaries P56 billion: DM Modelcosts P13 m gone, track faults remain   In the quest to deliver its mandate of bringing forth initiatives that are beneficial to members, the Botswana Sectors… Read more: BOSETU disburses P2 million bursaries
  • P56 billion: DM ModelcostsAugust 14, 2025
    Budget deceitfully increased by 300% from original P13 billion Poor procurement, non-compliance rampant under DM model Erosion of citizen participation, 7 out of 9 DMs were foreigners BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BOSETU disburses P2 million bursaries P56 billion: DM… Read more: P56 billion: DM Modelcosts
  • P13 m gone, track faults remainAugust 13, 2025
    The Ministry of Sports and Arts and the Botswana National Sports Commission (BNSC) stand accused of prematurely handing over the National Stadium for the Botswana Golden Prix 2025, despite incomplete refurbishment works, raising serious questions about accountability, safety, and… Read more: P13 m gone, track faults remain
  • Letshego’snet advances hit P14 billionAugust 13, 2025
    Pan African microlender, Letshego Africa Holdings Limited, posted impressive financial results for the half year ended 30 June 2025 with growth anchored by amongst otherstheMobile Money lending loan book  which hit P1.4 billion revenue. The giant microlender that is… Read more: Letshego’snet advances hit P14 billion
  • Gambling Crisis  August 12, 2025
    The Gambling Authority of Botswana has issued a warning about the rising levels of excessive and problem gambling, particularly among unemployed youth. According to a nationwide study, gambling is becoming a coping mechanism for many Batswana facing joblessness and… Read more: Gambling Crisis  
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