Energy, utilities and resources in Botswana

Powering Botswana's growth: Navigating transformation in EUR sectors

Botswana's energy, utilities, and resources (EUR) sectors are fundamental to the nation's economic stability, industrial development, and quality of life. From the responsible extraction of its mineral wealth to ensuring reliable energy supply and managing precious water resources, these sectors are undergoing significant transformation. Key drivers include the global energy transition, the imperative for resource diversification and beneficiation, increasing demand for essential utilities, and the growing importance of environmental, social, and governance (ESG) considerations.

At PwC Botswana, we partner with government, public enterprises, mining companies, energy producers, and utility providers to navigate these complex dynamics. We combine our deep local market understanding with PwC's extensive global expertise in EUR sectors to help our clients build resilient operations, drive sustainable growth, and contribute meaningfully to Botswana's economic diversification and prosperity.

The Evolving Landscape of EUR in Botswana

Botswana's EUR sectors are defined by unique opportunities and challenges:

Energy

Energy security and diversification: A strategic shift towards greater energy independence, reducing reliance on imports, and diversifying the energy mix, with significant focus on solar power development and other renewables.
Grid modernisation: Investment in smarter grids and infrastructure to support renewable integration and improve reliability.
Regional power trade: Botswana's potential as a regional energy player, particularly with its coal reserves and solar potential.

Utilities (water and wastewater)

Water scarcity: A critical challenge, driving innovation in water conservation, efficient management, wastewater treatment, and alternative water sources.
Infrastructure investment: Ongoing need for upgrades and expansion of water and sanitation infrastructure to meet growing demand and improve public health.
Service delivery: Enhancing efficiency and sustainability of utility services across urban and rural areas.

Resources (mining)

Diamond legacy: Botswana remains a global leader in diamond production, with continued focus on value addition, beneficiation, and responsible mining practices.
Diversification into base and battery metals: Growing exploration and development of copper, nickel, and potential battery minerals to support the global energy transition.
Coal potential: Balancing the economic benefits of coal with environmental concerns, exploring clean coal technologies where applicable.
ESG and responsible sourcing: Increasing pressure from international markets and investors for transparent, ethical, and environmentally sound resource extraction.

How PwC Botswana empowers EUR sector success

PwC Botswana offers a comprehensive suite of advisory services tailored to the unique needs of the EUR industries. We help clients innovate, operate efficiently, manage risks, and achieve sustainable growth.

1. Regulatory compliance and risk management

Navigate Botswana's evolving regulatory environment for mining licenses, energy policies, and water resource management. We help develop robust governance, risk, and compliance frameworks to ensure operational integrity and license to operate.

2. Sustainability and ESG integration

Integrate environmental, social, and governance (ESG) principles into core operations. We advise on decarbonisation strategies, climate risk assessments, responsible mining practices, water stewardship, community engagement, and ESG reporting.

3. Tax and legal advisory

Optimise tax structures and ensure compliance with Botswana's fiscal regime for mining, energy, and utility companies, including royalties, corporate tax, and international tax considerations.

4. External audit (statutory audits and assurance)

Audit the energy, utilities, and mining-energy value chains including generation assets, transmission and distribution entities, and energy-related service providers. Verification of governance disclosures, internal controls, risk management processes, and regulatory reporting to support transparent stakeholder communications.

Provision of assurance on non-financial disclosures (ESG, sustainability metrics, governance) to enhance investor confidence and regulator credibility and alignment of reporting with Botswana regulations and IFRS for a coherent view of financial and sustainability performance.

5. Internal audit, risk governance and controls

Expanded internal audit coverage across procurement, plant/asset operations, energy trading, transmission/distribution, and IT/OT systems to strengthen governance and risk management.

Provision of independent assurance that informs strategic decision-making, protects value, and drives performance improvements and implementation of risk-based testing across operational, safety, environmental, regulatory, data privacy, and cyber controls, with concrete recommendations to elevate the control environment.

Why choose PwC Botswana for EUR?

Botswana-specific expertise: Our team possesses an in-depth understanding of Botswana's unique regulatory landscape, geological potential, energy challenges, and socio-economic context.
Global EUR network: We leverage PwC's vast global network of specialists, bringing leading practices, innovative solutions, and cross-sector insights from around the world to Botswana.
Commitment to sustainable development: We are dedicated to supporting the responsible and sustainable development of Botswana's energy, utilities, and natural resources for the benefit of current and future generations.

Partner with PwC Botswana to build a resilient future

Whether you are a mining major, a renewable energy developer, a utility provider, or a government entity shaping policy, PwC Botswana is your trusted partner in navigating the complexities and seizing the opportunities within Botswana's energy, utilities, and resources sectors.