In keeping with Botswana’s political tradition, Ian Khama, re-elected president for a second term in 2014, is expected to resign in March 2018, and to hand over the reins to his Vice President, Mokgweetsi Masisi.
Tax incentives for companies setting up in the Selebi Phikwe region – the location of the BCL mine, and hit hard by its closure – are notably planned.
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The demand for diamonds, which collapsed in 2015, should see a gradual recovery and thus support Botswana’s exports, with the latter also set to benefit from the first full year of production at the Mowana copper mine, which reopened in mid-2017.
Public investment, carried out under the economic stimulus package (adopted in 2015), and the eleventh national development plan will also support activity, particularly in the services sector.