Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • A revolution hastened: Africa looks within amidst global trade wars

    If there’s one thing African leaders are adept at, one thing they have mastered over the decades of post-colonial independence and development planning, it is accurately, fastidiously and beautifully describing the challenges facing their...

  • Pula adjusted to support exports, protect reserves

    The move is intended to support the export competitiveness of domestic producers and follows an assessment that inflation in the country will be higher than in the trading countries whose currencies are used to weigh the value of the Pula.“The...

  • PrimeTime, RDC lock horns again on takeover bid

    RDC is aiming at securing at least 40% equity in PrimeTime and recently opened a direct offer to shareholders, a move categorised as a 'hostile takeover' as the offer is being made directly to shareholders rather than via board approval.The...

  • Pension funds tick up to P149bn

    At their prior level in March, the pension fund assets were at their softest position in 11 months.While the central bank is quantitative and does not report the reasons behind the movements in the values of pension fund assets, it is known that...

  • How to talk to Trump, according to a key ally

    President Duma Boko recently said he was prepared to drop everything and rush to the United States in the event that the administration there indicated it was open to trade talks. Under the calculations made by the U.S government, Botswana could face...

  • Luanda Accord: Bold new step for natural diamonds

    The natural diamond industry is mounting the largest marketing campaign in more than a decade.Last year the industry agreed to reignite “category marketing” which involves diamond producers, retail jewellers and countries, linking up to promote...

  • African payments platform launches new card

    The Pan-African Payment and Settlement System (PAPSS) is a centralised platform that enables participating African countries and their currencies to make payments across the continent’s borders, without the added costs of conversion to hard...

  • Economy contracts again in Q1, but warming seen

    According to figures published by Statistics Botswana this week, the 0.3 percent drop in economic value added in the first quarter, compares to a contraction of 5.2 percent for the corresponding period last year.In terms of sectors, while key areas...

  • Botswana secures $200m OPEC Fund loan

    Gaolathe, who is also the Finance Minister, attended the OPEC Fund’s Development Forum earlier this month as part of his engagements with investors and funding partners.A statement released by the OPEC Fund says the loan complements a package from...

  • African leaders meet amidst global trade tensions

    At least 6,000 delegates from across the continent and the Caribbean are meeting this week in the Nigerian capital, hosted by Afreximbank, the pan-African trade bank with assets exceeding $40 billion.The annual meeting comes under the shadow of...

  • Call now and make a trade deal, key Trump ally says

    Jason Miller, widely recognised as Trump’s right-hand man and a key adviser in his 2016, 2020 and 2024 election campaigns, told more than 3,000 delegates at the Afreximbank Annual Meetings yesterday that much had changed in the countries benefiting...

  • Glimmers of hope in mining’s doom and gloom

    It’s quite easy to conflate the downturn in diamonds with a slump in the general mining industry. In fact, it’s almost inevitable.After all, diamonds dominate receipts earned from the mining sector in terms of tax revenues, royalties and...

  • Wilderness Supplier Expo returns

    In a statement, OWS officials said the event would be held from June 26 to 27 in Maun. The officials said the Expo stands as a testament to OWS's enduring commitment to building a sustainable tourism value chain anchored in citizen economic...

  • Debswana’s carbon neutrality efforts gather pace

    As explained by Mompoloki Lettie Pitlagano, Senior Manager - Environment, Social and Governance Integration, Debswana aims to leverage its position as one of the country’s leading corporate entities, to set the standard for responsible mining and...

  • Biodiversity, water conservation, equity: Debswana and sustainability

    Debswana’s tagline “Mining Diamonds, Enriching the Nation,” belies the fact that the company takes great care to ensure that this effort is carried out in the most ethical and sustainable way possible, through the efforts of a diversified and...

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