Latest Economic News



Annual inflation rate decreases to 3.0% in August 2018

Headline inflation rate decreased to 3.0% in August 2018 from 3.1% in July 2018. Inflation decreased for several group indices while



Policy rate maintained at 5%

Bank of Botswana's Monetary Policy Committee (MPC) has maintained the Bank Rate at 5% at the meeting held on the 23



GDP grows by 3.3% during the year to March 2018

Real GDP growth picked up during the first quarter of 2018, recording year-on-year growth of 3.3%, compared to 2.4% in Q4



Mining growth improves Q1 2018, recording its highest growth since Q1 2015

The mining sector recorded an improved year-on-year growth of minus 0.3% during the first quarter of 2018, its highest since Q1



Annual inflation rate unchanged at 3.1% in July 2018

Annual inflation rate in July 2018 was 3.1%, same rate as in June 2018. Several group indices recorded upward and downward

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Home » Projects

ECONSULT staff have worked on the following projects:

  • Botswana Insurance fund Management (BIFM) Preparation of quarterly economic briefing publication (ongoing)
  • SADC/GIZ: assessment of exchange controls in Southern African Development Community and preparation of roadmap for exchange control harmonisation and liberalisation (2011).
  • Social Security Commission (Namibia): Assessment of the economic impact of the proposed National Pension Fund (2011)
  • Government of Botswana, National Strategy Office: preparation of a series of policy notes on regulatory reform and improving Botswana’s Doing Business rankings (2010/11).
  • Government of Botswana, Department of Public Service Management: HIV/AIDS Impact Assessment on the Public Service (2010-11)
  • Debswana: Economic impact assessment of ‘Outsourcing of Health services’ (2010-11)
  • CIC Resources (Pty) Ltd Economic analysis of proposed Mookane Domestic Power Project coal-fired power station (2010)
  • CARICOM: Preparation of Monetary Integration Framework for the Caribbean Community (2010)
  • USAID and Central Bank of Liberia: Needs Assessment for Modernisation of the Payments System (2010)
  • UNIDO, Government of Botswana (MTI): Preparation of revised Industrial Development Policy (2010)
  • BOCCIM, Government of Botswana (MTI) : National Business Conference (2010)
  • UNAIDS: HIV and AIDS Macroeconomic Framework – Botswana Paper (2009/10)
  • MEFMI/Ministry of Finance Zimbabwe: Evaluation of Currency, Exchange Rate and Monetary Policy Options for Zimbabwe (2009)
  • SADC, Imani Development: ‘Macro and Micro Economic impact of the Global Economic Crises in Botswana’ (2009)
  • Partnership for Making Finance Work for Africa/African Development Bank: Survey of Banking Supervisory Issues and Global Crisis – Impact on African Central Banks (2009)
  • Government of Botswana, Ministry of Trade & Industry and Ministry of Finance & Development Planning: “EPA Trade in Services Negotiations. Analysis and Assessment of Financial Services with a focus on the Banking Sector in Botswana” (2009)
  • African Financial Markets Initiative (AFMI – African Development Bank and USAID)): Mapping Study for Bond Markets in SADC and COMESA Countries (2009)
  • FinMark Trust/Government of Botswana Ministry of Labour & Home Affairs: Developing a Broad-Based Occupational Pension Scheme for Botswana (2009)
  • United Nations Development Programme (UNDP): Preparation of Botswana Human Development Report (2009)
  • Public Enterprises Evaluation and Privatisation Agency (PEEPA) and Nedbank Capital: Privatisation Strategy for National Development Bank (NDB) (2008-9)
  • Capital Securities: Preparation of Botswana Banking Sector Review (2007-10)
  • FinMark Trust (Southern Africa) ( Promoting Policy Dialogue on Access to Finance (2005-2009)
  • Southern African Global Competitiveness Hub ( Trade Policy Development in Selected Southern African Countries (2005-9).
  • USAID and National Bank of Angola (BNA): Developing Financial Services and Improving Banking Sector Efficiency in Angola (2008)
  • Ministry of Finance, Planning and Economic Development & UNDP, Uganda: Evaluation of the Macroeconomic Impact of HIV/AIDS in Uganda (2007-8)
  • World Bank: Botswana component of global “Getting Finance” survey (2007)
  • United Nations in Botswana: Preparation of Second Common Country Assessment for Botswana (2007)
  • UNCTAD: Review of the role of Transnational Corporations in Botswana’s Mining Sector (2007)
  • Southern African Development Community (SADC): Evaluation of Progress Towards Macroeconomic Convergence in SADC Countries – Country Studies for Lesotho, Zambia, Botswana, Malawi, Swaziland and Namibia (2005-6) and Overview Report (2007)
  • National AIDS Co-ordinating Agency (NACA) ( and UNDP Botswana ( Evaluation of the Economic Impact of HIV/AIDS in Botswana (2006-7)
  • Office of the President (Botswana): Technical Support to the Business and Economic Advisory Council (2006)
  • Public Enterprises Evaluation and Privatisation Agency (PEEPA): Evaluation of the Possible Merger of National Development Bank and Botswana Savings Bank (2006)
  • Government of Botswana, Department of Information and Broadcasting, “The Botswana Economy over the 40 Years since Independence” (2006)
  • Sanlam/African Life Assurance (South Africa): Macroeconomic commentary and monitoring for Botswana, Zambia, Ghana, Kenya, Tanzania, Nigeria, Uganda and Mozambique (2005-6)
  • World Bank: Report on Exchange Rates, Export Competitiveness and Diversification in Botswana (2005).
  • Government of Botswana - Ministry of Finance and Development Planning: Evaluation of the Financial Assistance Policy (FAP) (1999-2000)
  • Government of Botswana - Ministry of Finance and Development Planning: Evaluating the Macroeconomic Impact of AIDS in Botswana (1999)
  • Government of Botswana – Ministry of Trade & Industry: Membership of Small, Medium and Micro Enterprises Task Force (1996-7)
  • Government of Botswana & UNDP: Botswana Poverty Study (1996)