Inflation, which is the rate of growth in the average prices of goods and services in the economy, has been marginally ticking up in recent months, being last measured at 2.8 percent in March. The level is, however, still lower than the three to six...
In January, a day after Donald Trump began his second coming as President of the United States, Mmegi published an analysis entitled “US trade deal: What’s AGOA’n on?”.The essence of the piece was on how US lawmakers have delayed the renewal...
Villagers in Tubu in the Western panhandle are getting desperate. While other areas in the north-west enjoy healthy seasonal incomes from their controlled hunting quotas, Tubu villagers believe their allocation is too small especially when compared...
Mupane's sale comes as gold prices trend at record highs due to the metal's status as a safe haven against the disruptions caused by the United States' planned global trade tariffs.Mupane ceased operations in March 2024, two years after...
The link will run for about 120 kilometres from Mmamabula to Lephalale in Limpopo, before linking up with existing lines to run to Richard's Bay port terminal, with a possible future expansion to Mozambique.The latest available figures indicate...
The Time’s list includes leaders, artists, icons, titans, pioneers and innovators from across the globe who are driving change across the world.“It includes nine leaders who are fighting for justice, equality, and democracy, at a moment when the...
Debswana executives have a phrase they often apply to situations similar to the one the industry is facing from the recent announcement of global tariffs by the United States: VUCA.Volatile, Uncertain, Complex and Ambiguous or VUCA perfectly...
Copper mines in the country exported P7 billion worth of the base metal in 2023, up from P4 billion in 2022.Recent Bank of Botswana figures show the extent to which both rising copper prices on the global market and improving local production, have...
Moody’s weekend decision follows a similar assessment by S&P Global Ratings last month. Moody’s and S&P are two of the three main credit ratings agencies whose opinions determine government’s cost of borrowing, as well as the country’s...
Gold prices reached $3,167.84 an ounce on Wednesday, the highest ever for the precious metal. The mineral’s entire ecosystem cheered, with miners, processors, traders, investors and governments hosting the mines, rubbing their hands in anticipation...
The Botswana Power Corporation (BPC) faces a dicey period in the next few weeks as autumn approaches winter, the period in which the country’s demand for electricity peaks.At Morupule B, the country’s main power plant, generation has been a...
Kenewendo is hoping to secure a stable agreement for 200MW at better tariffs, which would add to the improving generation coming out of Morupule B and other diesel and solar production to ease the current crisis by weekend.Speaking in Parliament on...
Figures from the Bank of Botswana made available this week, show that the commercial banks powered to net interest incomes of P7.5 billion last year, from P6.4 billion in 2023, helping the after-tax profits to a 30% year-on-year increase.Non-interest...
Traditionally, the BPOPF participates in government’s domestic debt programme indirectly through the use of intermediaries such as asset managers and their commercial banks. The P55 billion debt programme, which features monthly auctions of...
The Ministry of Finance had expected the economy to contract by 3.1 percent in 2024, while leading credit ratings agency, S&P, recently forecast a negative 3.3 percent performance. The International Monetary Fund, in its last update in November,...