Botswana

BMI View: We forecast Botswana's current account to record a surplus in 2012, after having posted a deficit for the past three years. The pertinent factors causing this turnaround... 2011-07-07

Union leaders called in early June for the suspension of a public sector strike which saw 90,000 state workers down tools for eight weeks from the end of April. The call which came... 2011-06-28

BMI View: The recent public sector strike in Botswana has caused significant economic disruption, lowering our headline real GDP growth forecast from 5.1% to 4.8% for 2011. This... 2011-06-27

Botswana Federation of Public Sector Unions (BOFEPUSU) has accepted a government offer of a three per cent pay rise. However, the 90,000 employees who went on strike in early April... 2011-05-31

We expect the recovery in exports to continue, outpacing the growth in imports, leading to a steady improvement in the trade account. We expect a current account surplus in 2012 of... 2011-04-27

BMI View: Botswana's commitment to tackle corruption bodes well for the countries already-illustrious reputation for political stability and transparency. Here we highlight some... 2011-04-04

BMI View: While the financial sector still has plenty of room for growth, there remain significant challenges to the industry. Deposit growth rates are below the nominal GDP growth... 2011-03-28

BMI View: Botswana's quicker-than-expected recovery in export revenues, along with significant investments, have caused us to adjust our 2010 estimates for real GDP growth, to 7.8%.... 2011-03-28

Inflation jumped to 7.9% in January 2011, from 7.4% in December 2010. High oil prices will put upward pressure on headline CPI over the first part of 2011, but we believe inflation... 2011-02-25

BMI View: Historically high diamond prices and production levels bode well for Botswana's economic performance moving forward. Exports, as well as a robust domestic consumption outlook... 2011-01-31