Govt Launches Strategic Policy Instrument
10 Feb 2026
Government will launch the Botswana Mercantile Exchange (BMX) as a strategic policy instrument to support economic diversification.
Minister of Finance, Mr Ndaba Gaolathe outlined in the 2026 budget speech on Monday that the BMX would introduce an organised, market-driven pricing mechanism for commodities such as sorghum and beef, aligning domestic prices with international benchmarks.
This is expected to reduce income volatility for local producers and to improve price discovery, he said.
Minister Gaolathe added that the BMX would contribute to reducing Botswana’s over-reliance on diamonds by creating new value chains, positioning the country as a regional trading hub, and strengthening integration into global trade networks. BOPA
Source : BOPA
Author : BOPA
Location : Gaborone
Event : Parliament
Date : 10 Feb 2026
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