Latest Economic News



Annual inflation rate was 3.1% in January 2018

Headline inflation rate fell to 3.1% in January 2018, recording the same rate as in January 2017 and 0.1% lower than



Bank of Botswana maintains Bank Rate at 5%

The Bank of Botswana's (BoB) Monetary Policy Committe (MPC) has maintained the Bank Rate at 5% due to positive price stability



Formal sector employment decreased by 0.8% in September 2017

The recently released formal sector employment data by Statistics Botswana for September 2017 continue to show an overall decrease in the



GDP forecast to grow by 4.7% in 2017 and 5.3% in 2018

The economy is forecast to grow by 4.7% and 5.3% in 2017 and 2018 respectively due to a positive economic outlook



Formal Sector Employment decreases in H2 2017

Formal employment for June 2017 showed an overall decrease in the number of formally employed persons in Botswana. The total number

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Econsult Botswana was established in 2005 by Dr Keith Jefferis, a former academic and Deputy Governor of the Bank of Botswana. Econsult works in Botswana, the Southern African region and further afield, and specializes in research, economic commentary and policy-related analysis in a variety of fields. 

Key areas of work include:

  • Macroeconomic policy reviews; analysis of monetary, fiscal and exchange rate policies
  • Analysis of macroeconomic data and trends in the economies of Southern Africa
  • Financial system development and banking sector issues; regulation and licensing of financial institutions; competition and access; stock market and capital market development
  • Economic impact analysis for industrial, mining and energy projects
  • Tade and industrial policy
  • Regional integration
  • Poverty analysis, social development and poverty alleviation policies
  • Analysis of the economic impact of HIV/AIDS
  • Regulatory reform