GABORONE, Botswana — Botswana's Export Development and Investment Authority says it has attracted over 50 million pula in foreign direct investment since its formation in January 1999.

In local currency terms, sales were down 50.3% to 20.9 billion pula, which translates to about $1.55 billion based on current exchange rates. Botswana gets 30%-40% of its revenue, 75% of its ...

Botswana has surprised the currency markets by devaluing the pula by 12%. Its central bank said the move against a number of other currencies was in line with its aim of seeing a "stable and ...

Investopedia / Julie Bang The Pula Fund is a sovereign wealth fund (SWF) established by the government of Botswana. It is co-owned by Botswana's government and the central bank, the Bank of Botswana.

Gaborone - A decision by the Botswana government to devaluate the currency, the pula, by 12% is drawing criticism from economists who say the move shows the economy needs to halt its dependence on the ...

Based on this, the governor of the Bank of Botswana was quoted as saying ‘…it is impossible to transfer Pula into Bitcoin…‘ The declarations of the Botswana Bank’s governor makes it ...

Botswana devalued its pula by 12 percent against a basket of currencies on Monday in a surprise move which the central bank said was in line with its aim of having a "stable and competitive real ...