Investigative journalism and democracy have a symbiotic relationship. This relationship serves to make the public sensitive about, and aware of, injustices and undemocratic practices and it could, ultimately, contribute significantly to the process of democratization. Unfortunately, in their endeavor to keep up with the ethos of investigative journalism, journalists meet obstacles that range from legal to financial issues. The author investigates those factors that reporters in Botswana rate as having the greatest impact on their investigative efforts. The study also assesses the attitudes of journalists in the country towards the roles and responsibilities of the fourth estate, which supports investigative reporting. In addition the athor assesses the proportion of investigative stories in four sampled Botswana newspapers. The contents of the respective newspapers were assessed against the five elements of investigative reporting that include: theme, public interest, questioning the status quo, accuracy, follow-up reports and consequences.