Author

January 2005 was a history-making month for Letshego Africa. The then seven-year old microlender officially established a presence outside Botswana for the first time, marking a bold and pioneering move for a local company, as its peers were and...

The outbreak of the viral cloven-hoofed animal disease has led to restrictions on livestock movement and slaughter in southern districts, as authorities battle to stamp it out.Statistics Botswana figures show that meat prices in May were 10.5 percent...

In a recent research report, Emmanuel Kwapong, Economist Africa at Standard Chartered, said the Middle East conflict was likely to worsen the country’s existing macroeconomic challenges, which largely emanate from the prolonged weakness in...

Known as Ikaegeng XTL, the ambitious multi-billion-pula project has been in the works for more than a decade, which is seen as a transformational step towards fuel self-sufficiency. A previous attempt by government to self-finance the project was...

Generally, upward movements in the foreign reserves are influenced by greater inflows such as diamond earnings, policy changes as well as the onboarding of hard currency denominated debt.Preliminary data shared by the Bank of Botswana (BoB) indicates...

Botswana Mineworkers Union (BMWU) president, Joseph Tsimako, is a relieved man. In February 2025 on behalf of its frustrated members at Mupane Gold Mine, the Union initiated liquidation proceedings at the country’s sole gold mine and after a...

According to Kgori Capital trend analysis, yields generally fell across the two Treasury Bills and three bonds offered at the May 26 action. The government notes settled at yields as much as 105 basis points lower than the prior auction.At the...

S&P is due to unveil a ratings decision on the country in September, following a historic downgrade in March, which landed Botswana just one notch above junk status. Junk status is the level at which sovereign debt is considered speculative by...

In a recent notice to shareholders, the group said it would seek their approval on June 19 to advance with the sale to Axian Digital Venture Holding and Management Limited.The assets in the deal are Letshego Ghana Savings and Loans PLC, Letshego...

The central bank’s latest Business Expectations Survey (BES) covering the period between the first quarter of the year, the second quarter and through to March 2027, found that the difficult, broader economic conditions were weighing down on local...

Tenoris, an independent consultancy and the sole provider of detailed jewellery retail data, has been noting some striking trends in the diamond retail market in the past year. Using sales and purchase activity from 2,500 U.S specialty outlets for...

Credit growth has generally been under pressure in the last two years, as the diamond downturn has weighed on the economy, specifically triggering a liquidity crunch in the banking sector. Bank of Botswana figures indicate that credit growth rose to...

Botswana is amongst the leading partners in the Luanda Accord, a platform formed last year with several other African diamond-producing nations as well as companies and industry bodies, to jointly market natural diamonds.The joint industry-wide...

The case follows an attempt in February by Bowwood and Main No 296 Pty Ltd to take control of THB via a successful ex parte application before the High Court. The order was for a general notarial bond over the assets of Tongaat Hulett held in...

While the central bank did not give reasons for the decline, analysts expect that the downtrend is linked to the tighter liquidity experienced in the financial sector, amidst the broader contraction in the economy. The lower figures could also be...