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BFSI Industry Botswana’s Banking, Financial Services and Insurance industry at inflection point
Botswana’s Banking, Financial Services and Insurance (BFSI) industry at inflection point
Stock Exchange Botswana Stock Exchange amended listing thresholds
Botswana Stock Exchange amended listing thresholds
Financial Statistics Key economic and financial statistics
The economy finished 2017 on a strong note, with YoY GDP growth accelerating to 6.5% in Q4 from 1.1% in Q3 thanks to a sharp rebound in the Trade, hotels and restaurants sector, driven by inclusion of diamond aggregation process under this sector.
Our publications IFRS 16 - Prepare for lease accounting changes
The new IFRS 16: Leases standard has been issued by the IASB. The core principle of the new standard is that lessees should recognise all leases on their balance sheet.
Our publication Travel, Tourism and Leisure (TTL) industry – Poised to be the growth engine of Botswana economy
As per the latest available report, this BWP 6.4 billion industry currently contributes over 7.1% of the country’s GDP, in real terms as compared to 4% in 2006. Over the last decade, this industry has grown at an impressive Compounded Annual Growth Rate (CAGR) of 15%, outperforming the economy in all years, except 2013.
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Newsroom

07 Aug 2019

Grant Thornton Private Business Growth Awards celebrate local business with great success

An unprecedented number of entries were received for the annual Growth Awards platform this year. The awards penetrate all 10 Districts of Botswana, as Alpha Direct got named winner in Medium Enterprise Category, and Motovac named winner in Large Enterprise Category.

01 Apr 2019

Mounting pressure beginning to drive progress for women in senior leadership

As per Grant Thornton’s Women in Business International Business Report, the percentage of businesses in Botswana with at least one woman in senior management stands at 72%, a step closer to the global percentage of 87% which showed an increase of 12% from last year’s survey. The research states that overall, women now hold 29% of senior leadership positions globally. While this is only up 10% over the past 15 years of research, half this increase (5%) has been achieved in the last 12 months alone.

31 Jan 2019

Botswana businesses more optimistic about economic outlook of 2019 than global businesses

Following a period of heightened optimism and strong economic growth, the outlook for businesses in 2019 is markedly more reserved as the global economic cycle cools and political uncertainty begins to bite, according to the latest research from Grant Thornton’s International Business Report (IBR).

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