Author

A few years ago, the banking sector backed away from most parts of the mining industry, after yet another commodity slump led to the non-performance of loans and pushed a major bank into the red.Mining in the country is a boom and bust affair, with...

Just over two years ago, a young Motswana, Wayde Gabotlale, posted his first video on the popular social media platform, TikTok. Today, he has 112,300 followers, 5.7 million likes and his top video had two million views. Gabotlale, who goes by the...

In a statement last week, the central bank said the amendments came into effect on April 2 and were introduced in response to developments in EPS and Money or Value Transfer Services (MVTS) sector, as well as broader changes within the national...

Chobe Holdings group managing director, Lempheditse ‘MC’ Odumetse, told Monitor Business the initiative was part of efforts to feed the nation and create employment, in line with the national priorities set by government.“This is our first...

The US is the biggest market for natural diamonds accounting for more than 50% of demand. Mmegi is informed that the US will not put tariffs on Botswana and Namibia, while Angola and South Africa will be tariffed at 12.5 percent.As of 24 July 2026,...

The US is the biggest market for natural diamonds accounting for more than 50% of demand. Mmegi is informed that the US will not put tariffs on Botswana and Namibia, while Angola and South Africa will be tariffed at 12.5 percent.As of 24 July 2026,...

Inflation for June was measured at 10.7%, unchanged from May representing the highest level since December 2022, when Russia’s invasion of Ukraine earlier that year triggered a global spiral of food and fuel prices.The trend this year is linked to...

Sources close to the transaction told BusinessWeek that Anglo American’s selection of the Global Diamond Consortium as preferred bidder did not mean talks with other parties were closed off. BusinessWeek has established that the consortium is led...

CFAO Healthcare is a pan-African pharmaceutical giant with a footprint covering 26 African countries and six French Overseas Territories. The group manufactures licensed medicines in Morocco and Algeria and also assembles and distributes generic...

The company’s Annual Report released recently, indicates that MCM recorded pretax losses of P216 million in the financial year ended December 31, compared to pretax losses of P26 million in 2024.Much of the decline was due to reduced offtake by the...

On Wednesday, the BDC signed statements of intent with the Arab Bank for Economic Development in Africa (BADEA) for the provision of financing facilities totalling €100 million (about P1.5 billion).BADEA is a long-time financier of development in...

The 10.7% is the highest inflation has reached since December 2022, when Russia’s invasion of Ukraine earlier that year triggered a global spiral of food and fuel prices.Statistics Botswana figures show that between May and June, indices tracking...

Mmegi: We meet as you leave G4S Botswana after five years at the helm. How was the journey?Molokomme: It was an exciting challenge moving from a completely new and different industry in a leadership role - the journey has been punctuated by both ups...

The negative credit growth technically means that in May, borrowers were paying back more than they were taking up new loans.The May position is down from a negative 1.5 percent in April and 0.02 percent in March.General credit growth, or the rate of...

In December, the BPC had requested an increase averaging 46% across the various categories of consumers. BERA, as the regulator, held a public hearing in February where many expressed strong opposition to the BPC’s request.In a statement on Monday,...