AGP Executive Report
Last update: an hour agoBotswana’s Economy Watch: Statistics Botswana reports GDP growth of 3.5% in Q1 2026, rebounding on stronger mining output, a surge in electricity generation, and renewed diamond trade momentum. Energy Independence: Record local power generation and expanding solar are cutting reliance on imported electricity by 61.8%, with Morupule A and B driving most of the output. Tax Overhaul: BURS has rolled out major new income tax, VAT and customs measures from July 1, including a new 27.5% bracket for higher earners and a corporate tax rise to 24.5%. Local Politics: Gaborone City councillors blocked a motion of no confidence against Mayor Oarabile Motlaleng, giving him temporary breathing room. Jobs Pressure: An Afrobarometer survey shows widespread dissatisfaction with government job creation efforts, with 76% rating performance “fairly badly” or “very badly.” Border Security: Botswana and Zimbabwe are stepping up patrols using traditional regiments along their shared border to curb cross-border crime. Regional Tensions: Former President Ian Khama alleges a plot to assassinate him linked to Zimbabwe’s leadership, saying he received warnings but no independent proof. Sports Spotlight: Botswana’s Collen Kebinatshipi ran 43.44 in Monaco to edge closer to the 400m world record.
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