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Pula Steel has emerged from an extensive legal wrangle after the Court of Appeal approved the P18.3 million sale of the pioneering steel plant to Sherashiya Pty Ltd last March. Prior to that, operations at the Selebi Phikwe-based plant had been...

The DCI rose by 12.2% in 2024, putting on more than P6 billion and again swimming against the three percent contraction in the economy that year.Available figures show that in 2025, the DCI began the year in fits and starts, before picking up from...

The budget has incurred rolling deficits since the 2017-2018 financial year, largely as a result of declining mineral revenues and stubbornly high spending. The COVID-19 pandemic worsened the situation, forcing government to dig deep into its...

In the midst of the global turmoil around the economy, politics and powerplays, it’s almost easy to forget the optimism with which countries around the world adopted the Sustainable Development Goals (SDG) in 2015, under the banner of the United...

Tsodilo wholly owns the Gcwihaba Metals Project in the north-west of the country where the discoveries were made.In a statement to the Toronto Stock Exchange where Tsodilo is listed, the company said recent results from a drilling programme had...

Popularly referred to as Stanchart, the London-based global group, first set up in Botswana in 1897 as the country’s first commercial bank.In a statement earlier today, bank executives said the decision to explore a sale of the full franchise...

Brief financials posted to the Botswana Stock Exchange this week show that the losses largely stemmed from higher net depreciation, which rose to P220.5 million from P121.6 million. No reasons were provided for the higher provisions for depreciation,...

The pula’s movements against both currencies has become a major debate point, after changes to the exchange rate framework last July triggered economy-wide price hikes. The changes made by the Ministry of Finance were designed to protect the...

A statement from the Ministry says Gaolathe and AfDB group president, Dr. Sidi Ould Tah, will discuss extending the Bank’s technical support and capacity-building assistance to accelerate the BETP. They will also explore “innovative financing...

By law, authorities revise the Pula exchange rate framework twice a year, in June/July and December, basing their decision on factors such as the levels of the foreign exchange reserves, inflation in trading partner countries and others.July changes...

A statement earlier today from the housing parastatal's board says Sefawe’s final day will be December 31.“During her tenure as acting Chief Executive Officer, Ms. Sefawe provided steady leadership and strategic direction during a critical...

MMG, a Chinese state-majority firm, snapped up Khoemacau in a $1.7 billion deal in 2024, as part of the global quest for critical minerals which are essential for clean energy technologies, defence and consumer electronics.In a statement earlier...

By comparison, the third quarter of last year registered a four percent contraction in Gross Domestic Product (GDP), which is a measure of economic activity.While the figures are positive and break the rolling contractions in the economy, they also...

Gaolathe’s debut budgetVice President and Finance Minister, Ndaba Gaolathe, delivered his inaugural budget on February 10, featuring lower spending than that approved for the prior financial year. However with the prolonged diamond slump still...

I had a moment of realisation the other day. In fact, it was my son who pointed it out. I was scrolling through social media on one phone and reading an article on my other phone. The television was on in the background and I was actually following...