2010-2023: Beneficiation, Manufacturing and Citizen Economic Inclusion
In and around 2010, Economic Diversification Drive (EDD) aimed to reduce the country's reliance on diamonds by promoting economic diversification into other sectors like tourism, agriculture, manufacturing, and services.
The government implemented successive NDPs, including NDP 10 (2010-2016) and NDP 11 (2017-2023) - These plans outlined strategies for economic growth, poverty reduction, and job creation.
COVID 19, RESET Agenda.
Another growth in mining: Bold initiatives like the licensing and rapid development of new mines, including Khoemacau Copper Mining, Minergy Coal, Sandfire Resources, and Lucara Underground.
New De Beers agreement.
Strategic partnership with HB Antwerp (Beneficiation).
Kimberly Process Secretariat.
Support Tshukudu Metals Botswana in achieving the production of copper and silver concentrate.
Intensify exploration for critical non-diamond minerals.
Assist the Debswana Jwaneng underground project and Orapa Cut-3 project to commence.
Bolster Naledi Mining Services in their mission to mine waste at Jwaneng Cut 9 Project.
Embark on the development of a third coal mine to fuel a new 300 MW IPP power station.
2000-2010: Botswana Achieves Upper Middle Income Status
Achieving upper middle-income status is a testament to prudent governance, strategic planning, and effective resource management.
Implementation of Policies and initiatives encompassed both economic and social reforms and played a significant role in the country's development.
Botswana expanded access to quality education and vocational training.
Sought foreign direct investment (FDI) by offering incentives to attract investors. Special Economic Zones (SEZs).
Significant investments were made in infrastructure development, including road networks, airports, and telecommunications.
Conservation efforts aimed to protect Botswana's natural resources and promote eco-tourism.
Good governance and anti-corruption measures were emphasized to create a conducive environment for investment and development.
The government launched one of Africa's most successful HIV/AIDS prevention and treatment programs, which included widespread access to antiretroviral therapy.
Policies, reforms & prudent macroeconomic management, contributed to Botswana's sustained economic growth and progress toward upper-middle-income status.
1980-2000: Infrastructure and Human Resources Development
The newly found wealth of minerals was put to great use, evident through the development of infrastructure, roads, schools, health facilities and water security (construction of dams and abstraction of ground water resources).
Development of human resources through training - both home and internationally, skills development saw the country’s economic growth.
Botswana boasts one of the most enviable public services on the continent and elsewhere.
During this period our GDP grew to 1.06 billion USD in 1980 and stood at 5.79 billion USD in the year 2000.
1966–1980: Nation Building Driven by Agriculture and Self-reliance
The nation was formed based on principles of equality, fairness, freedom and democracy, not as a borrowed ideology but a resonance with our ways of governance, openness, free speech (mmualebe o bua la gagwe, gore mona lentle a le tswe).
Botswana Democratic Party flagged up the spirit of self-reliance, developed strong institutions upon which freedoms are embedded and the Republic of Botswana flourished and continues to grow.