Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • New PPP Bill takes shape

    The Public Investment Programme (PIP), which is the core of every National Development Plan (NDP) and which details the projects to be developed in each NDP, the expected cost and the source of funding, has for decades been funded solely by...

  • Gov't hits record P4.6bn debt target

    Under government’s domestic note issuance programme, the BoB floats bonds and Treasury Bills each month to raise debt for government in the capital market. The programme’s ceiling was raised to P55 billion early last year after the previous P30...

  • Govt, De Beers announce finalisation of talks

    "The Government of the Republic of Botswana (“GRB”) and De Beers Group (“De Beers”) are pleased to announce the successful conclusion of negotiations focused on establishing a new sales agreement for Debswana’s rough diamond production, as...

  • Regional bloodbath deepens in the DRC

    South African president, Cyril Ramaphosa, was uncharacteristically brusque in his condemnation of recent attacks in the eastern Democratic Republic of Congo, which resulted in 13 South African National Defence Force fatalities over the space of a few...

  • Copper overtakes diamonds in exports

    Statistics Botswana figures released this week show that the shortfall between the value of goods imported and exported by the country reached P6.8 billion last November, the worst monthly figure since the diamond downturn began in late 2023. Imports...

  • Gov't lifts maize, wheat import ban

    The lifting of the import ban also followed an outcry from local millers who noted a “supply shock” as well as shortages, particularly in stock feed.The Ministry of Lands and Agriculture suspended maize, wheat, sorghum, sugar cane and other grass...

  • New Ministry of Finance PS sets off truth bombs

    When Tshokologo Kganetsano speaks, he sounds like the Biblical Noah, exhorting the Israelites to take refuge in the Ark before the flood. The new Finance Ministry Permanent Secretary, however, says he is merely trumpeting a warning. A major threat....

  • Botash probes ‘transactions, procurement’ after top level suspensions

    Botash, the region’s largest supplier of natural sodium and related products, expects the investigation to end in February “but may escalate or extend depending on the findings,” deputy board chair, Harry Pheko told Mmegi.“The placing of the...

  • SA sugar giant reduces stake in ‘Blue Crystal’

    In a notice to the Johannesburg Stock Exchange this week, Tongaat Hulett directors said a sale agreement with the incoming investor Vision Parties had been concluded for the shares in Tongaat Hulett Botswana on January 18. Tongaat Hulett Botswana is...

  • Gov’t targets P4.6bn debt for January

    Under government’s domestic note issuance programme, the BoB floats bonds and Treasury bills each month to raise debt for government in the capital market. The programme’s ceiling was raised to P55 billion early last year after the previous P30...

  • Sechaba shines on the BSE in 2024

    Sechaba’s share price closed the year 41.4% higher, leading to a generally strong year for the DCI in which all but three companies performed positively. Sechaba also recorded the BSE’s highest turnover for the year at P338.2 million. Turnover is...

  • US trade deal: What’s AGOA’n on?

    Congresswoman, Sheila Cherfilus-McCormick, says in the global competition for economic ties with Africa, the United States is “probably” fourth. This is despite the US, particularly during President Joe Biden’s term, pledging to become...

  • Gov't signals tough fiscal policies ahead

    Gaolathe and his technocrats are hammering out a tough 2025-26 budget, which is expected to carry an P11.4 billion deficit. The current financial year, which ends on March 31, is expected to show a shortfall of P18.6 billion, higher than even the...

  • Monyatsi resigns at Letshego

    Letshego’s board said Monyatsi was resigning to “pursue an external opportunity”.“The board and staff of Letshego would like to thank Monyatsi for his leadership and contribution. “He has set a strong foundation that we will continue to...

  • Gov't works on critical minerals strategy

    Speaking virtually at the Brookings Institute 'Foresight Africa 2025–2030' event held in Washington DC on Wednesday, Kenewendo said it was important that Africa, which hosts an estimated 30% of the world’s critical minerals, prepare...

arrow up