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The country’s official foreign reserves, managed by the BoB, fell P18.4 billion between March 2024 and March 2025, triggering concerns about the country’s ability to pay for its imports whilst also fuelling growing anxiety about the value of the...

Whilst the company’s parent group, Letshego Africa Holdings, is a regular participant in the capital market, the upcoming issuance will be the first by Letshego Botswana, the group’s home base and one of its most profitable units.Letshego...

Since government adjusted the Pula’s rate of crawl downwards and increased banks’ trading margins for foreign currency trade with the Bank of Botswana, several businesses have adjusted their prices by up to ten percent.The moves are expected to...

Figures released by Statistics Botswana this week, indicate that food and non-alcoholic beverages contributed 0.8 percentage points to the annual inflation rate in June, the same as the miscellaneous goods and services category. Alcoholic beverages...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...