Rand Merchant Bank (RMB) Botswana is a division of First National Bank of Botswana Limited, an authorised financial services provider, registration number: BW00000790476.
RC 1031371 Copyright © FirstRand 2026. All rights reserved.
Rand Merchant Bank (RMB) Botswana is a division of First National Bank of Botswana Limited, an authorised financial services provider, registration number: BW00000790476.
RC 1031371 Copyright © FirstRand 2026. All rights reserved.
| General Economic overview | |
|---|---|
| Capital | Gaborone |
| Population (millions) | 2.2 |
| Business language | English |
| Sovereign rating1 | A- |
| Power utility | Botswana Power Corporation (BPC) |
| Main mobile operator | Mascom Wireless |
| Main export destination | Belgium |
| Source of main import | South Africa |
| Primary export | Diamonds |
| Primary import | Diamonds |
| Macroeconomic overview2 | |
|---|---|
| Real GDP growth (y/y, %) | 4.5 |
| Real GDP (US$bn) | 18 |
| Real per capita GDP (US$) | 7 952 |
| Headline inflation (average %) | 3.2 |
| Policy rate (%) | A5.0 |
| Budget balance (% of GDP) | -3.5 |
| Gross Government debt (% of GDP) | 15.0 |
| Current account balance (% of GDP) | 2.8 |
| Monetary policy objective | Price stability and maintaining crawling peg |
| Foreign Exchange info | |
|---|---|
| Currency | Pula |
| ISO code | BWP |
| De facto classification | Crawling peg |
| De jure classification | Crawling peg |
| Main cross | US dollar |
| Risk on main cross | Volatility |