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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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)