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Botswana seeks to launch strengthened sovereign wealth fund

Summary by Sunday Standard Botswana

Sunday Standard Botswana seeks to launch strengthened sovereign wealth fund Botswana’s long-touted move to establish a stronger Sovereign Wealth Fund (SWF) is gathering pace under the new administration, which sees this mechanism as a critical buffer against volatile diamond revenues and broader economic shocks. Finance Minister Ndaba Gaolathe, in his latest budget speech, laid out an agenda that aims to rebuild the country’s depleted reserves.…

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Sunday Standard Botswana

Botswana seeks to launch strengthened sovereign wealth fund

Sunday Standard Botswana seeks to launch strengthened sovereign wealth fund Botswana’s long-touted move to establish a stronger Sovereign Wealth Fund (SWF) is gathering pace under the new administration, which sees this mechanism as a critical buffer against volatile diamond revenues and broader economic shocks. Finance Minister Ndaba Gaolathe, in his latest budget speech, laid out an agenda that aims to rebuild the country’s depleted reserves.…

7 days ago·Gaborone, Botswana

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Sunday Standard Botswana broke the news in Gaborone, Botswana 7 days ago on Sunday, February 16, 2025.

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