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KBL expects to pay between P1.5 billion and P1.7 billion in various taxes this year, including the costs of placing a biometric imprint or stamp on each unit of alcohol produced. The stamps are part of the BURS’ efforts to check that the correct...

With the collapse of the High-Level Consultative Forum, the country’s private sector has frequently bemoaned the detachment of government from pressing business issues. The Forum, chaired by the presidents of both the country and Business Botswana,...

The central bank’s inaugural inflation-linked bond, carrying a face value of P750 million, attracted seven bids worth only P220 million with demands for yields reaching as much as 10.5%. The BoB did not accept any of the bids.The 21-year...

S&P, one of three main credit ratings agencies whose opinions determine government’s cost of borrowing, maintained the country’s high sovereign credit ratings but revised the outlook from stable to negative.The decision, announced on Friday...

At the time, the chilli pepper method was hailed as an affordable method to reduce human elephant conflict.Starting around 2015, farmers in the North West began mixing chilli pepper with elephant dung to make briquettes which they then burnt. Lit at...

DWNP director, Moemedi Batshabang, told Mmegi this week that for every pula paid out to affected victims of HWC, three more pula were used for administration. For the 2023-24 financial year, the Department paid out P25 million, but effectively P100...

According to the data, average food and beverage prices increased 5.5 percent in the 12 months to February, compared to 5.1 percent in the 12 months to January. The average prices of breads and cereals, which carry the heaviest weighting in the food...

Statistics Botswana figures show that the grains replaced beverages as the most imported item by value last year.According to the data, imports of beverages, which include different types of alcohol and bottled water, were estimated at P2.5 billion...

At the time, the chilli pepper method was hailed as an affordable method to reduce human elephant conflict.Starting around 2015, farmers in the North West began mixing chilli pepper with elephant dung to make briquettes which they then burnt. Lit at...

Under the terms of the deal, as published on the Australian Securities Exchange last week, BHP has committed to financing Cobre Limited for exploration expenditure at the Kitlanya Projects, located in both the north and south of the...

Amongst the clauses of the new agreement between De Beers and government that were made public recently, is one that will be of critical importance for the recovery and future of the precious stones. The two long-term partners have agreed to...

The launch has been delayed by technical issues affecting a National Aeronautics and Space Administration (NASA) launch, which occupies the rocket launch right before BOTSAT-1.In a brief interview with The Monitor, Mpoeleng said the NASA rocket which...

The trade balance, or the relationship between imports and exports of goods, has been in negative territory since at least September 2023 when diamond sales began to slow down and eventually sank due to factors including Chinese market weakness and...

Last October, VRI Metals won a High Court ruling overturning the sale to Sherashiya, with Justice Zein Kebonang upholding arguments that the deal had improperly favoured the winning bidder.VRI won a previous bidding round in 2022 for Pula Steel, but...

The Bank of Botswana (BoB) released about P1.8 billion to banks in December, as liquidity dried up in the market because of a slowdown in government spending related to the prolonged diamond slump.The situation has not abated this year and could...