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Budget Gives Hope to the Agric Sector

BABOLOKI MEEKWANE recently spoke to Keletso Setimela, Head of Business Banking at Absa Bank Botswana, about the 2026/27 Budget’s implications for agriculture, the structural constraints facing the sector, and the prospects for translating early export gains into sustained commercial-scale production.

mm by Baboloki Meekwane
March 9, 2026
in In Business With, Interviews, News
Reading Time: 4 mins read
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Powering the SMEs

Keletso Setimela, Head of Business Banking at Absa Bank Botswana

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Q: The government is framing agriculture as a commercial, export-oriented sector. What signals support a credible shift toward agro-industrialisation?

 

A: The Budget signals a deliberate shift from subsistence-based support toward positioning agriculture as a commercially driven, export-oriented growth sector.

First, agriculture is explicitly framed as a pillar of economic diversification. The Budget acknowledges that past investments delivered limited returns and calls for modernisation to improve profitability, with a stronger emphasis on agro-industrialisation, value addition and export competitiveness.

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Tags: Absa Bank BotswanaKeletso Setimela

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