Continental Reinsurance group managing director, Lawrence Nazare, says Botswana stood head and shoulders above its peers when the reinsurance giant looked around the continent for its Initial Public Offer (IPO).With a presence in more than 50 African...
Forecasters from SADC meteorological offices trudged out of their meeting in Swakopmund last week with heavy feet, hunched shoulders and the feeling of an unfair, unprovoked déjà vu.With the regional experts’ findings confirming their global...
MCM closed Motheo in March 2024, as weak coal prices weighed down on operational costs at the Palapye-based facility. At the time, officials cited “significant challenges due to ongoing volatility in both international and regional coal...
According to the latest estimates, revenues in 2025–2026 amounted to P70 billion against spending of P86.3 billion. By comparison, the last projections from the Finance ministry, as made in the February budget speech, pointed to revenues of P71.2...
Established by businessman, Zunaid Moti and supported by private sector players such as Jindal Energy, the initiative is a public-benefit project with no government funding in which facilities are quickly built from preassembled material to high...
Statistics Botswana figures released recently indicate that aircraft movements in the first quarter of the year reached 14,667 from 13,745 in the prior corresponding period. While on a quarter by quarter basis, both passenger volumes and movements in...
Minerals and Energy minister, Bogolo Kenewendo, made the revelation at Morupule Coal Mine last week, when engaging with small businesses participating in the mine’s Citizen Economic Empowerment Programme (CEEP).The colliery has thus far spent P1.34...
Itumeleng Garebatshabe, a veteran tech entrepreneur, software engineer and cybersecurity expert, has a troubling perspective on why many in the country continue to be hit by various forms of cyberattacks and scams.It’s not just about more...
First National Bank Botswana, the country’s largest bank by all metrics, expects its pretax profits for the full year ended June 2026 to rise by as much as P235 million. The bank reported pretax profits of P1.9 billion in the year ended June...
Botswana remains one of the world’s luminaries in the fight against HIV/AIDS. According to a recently released UNAIDS report, Botswana has not only maintained its position amongst the handful of 95-95-95 states, but emerged as the country where...
Mukuru, established 21 years ago, serves more than 17 million customers and processes over 100 million transactions across Southern, East, and West Africa as well as key global corridors. The group specialises in digital fintech services, which...
Under the government’s domestic note issuance programme, the Bank of Botswana acting as the ministry’s agent in the capital market, auctions Treasury Bills and bonds every month to raise debt funding for the budget.The ministry has increased the...
On August 28, the central bank will offer the three- and six-month Treasury Bills seeking P2.5 billion, as well as three long-term bonds looking for P600 million. In general, the central bank has been using the shorter-maturing TBs to refinance...
Reporting on the company’s second quarter performance, directors said larger, rarer and higher-value goods were showing stronger price performance, supported by constrained supply and resilient demand, while smaller commercial categories were...
Vice President, Ndaba Gaolathe, stresses that prudential guardrails will not be lowered.As Finance Minister, he has a bird’s eye view of the billions of pula in capital held by sectors such as the pension funds and insurers. He also has an eye on...