Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • BoB’s voice in the wilderness hits home

    Each year, the Bank of Botswana (BoB) carefully selects a theme topic for its annual report and for several years, the central bank has hammered home the ever increasing need to change the direction of the country’s economy.The BoB is...

  • It’s a G-thing, US mega investors say

    Last December, I joined hundreds of delegates at the US Africa Leaders’ Summit called by President Joseph Biden and attended by more than 40 African heads of state, together with their private sectors. Stemming from that engagement, 75 new deals...

  • Mohembo Bridge wins international recognition

    At 1,161 metres, which exceeds the Kazungula Bridge by 238 metres, the Mohembo Bridge not only holds the record as the nation's longest bridge at present but also maintains its position for the foreseeable future, with no plans for a longer...

  • Bifm property targets P2bn

    Giving an update on the Fund recently at Bifm’s annual seminar, Botlhe Tshukudu, Bifm’s Portfolio Manager for Unlisted Investments, said investments had slowed down during the COVID-19 era due to significant risks in the market such as depressed...

  • BR, Transnet finalise plans for P3bn railway

    The Mmamabula-Lephalale railway line has been in the works since at least 2011 and the delay in its construction has frustrated developers along the country’s eastern coalfields.The link, which will run for about 113 kilometres from Mmamabula to...

  • The rug beneath the Summit

    Trade and Industry minister, Mmusi Kgafela, is closely following the progress towards renewing the African Growth and Opportunities Act (AGOA), the trade arrangement between the US and over 30 sub-Saharan African countries which provides relaxed...

  • Matlhogonolo in line for top Jack Ma award

    Mmegi: Would you please provide a brief of Kalafhi Medical, its background and its focus?Matlhogonolo: Kalafhi Medical Centre is a growing enterprise of integrated medical centres that offer a variety of high-quality medical services to the...

  • BoB backs away from retail bond plan

    Speaking on Wednesday at an economic briefing for journalists, Governor Moses Pelaelo said the central bank had essentially put the brakes on the initiative.“We found that it’s very complex and expensive to do,” he said in response to...

  • Technocrats weigh gov’t equity in Angolan refinery

    BusinessWeek has established that senior officials from the ministry are scheduled to visit the coastal country soon for an on-the-ground appreciation of the project, as part of assessing the offer to invest.Botswana consumes approximately 100...

  • Tax incentives threatened as global deal nears

    Experts at the African Tax Administration Forum (ATAF) acknowledge how unbalanced the entire situation appears. For a continent that has perpetually been an after-thought to the initiatives from global powers, the latest initiatives around global...

  • Police bust Gabane fake currency gang

    The gang is believed to be responsible for a surge in fake notes this year, where the Bank picked a staggering 3,214 counterfeits between January and June, compared to 917 for whole of last year. The most affected currency is the P200 notes. "In...

  • Govt doubles Jindal’s 300MW contract

    As an IPP, Jindal will carry the costs of building the power station, running and maintaining it, while selling the power to the Botswana Power Corporation (BPC) under an agreement known formally as a Power Purchase Agreement (PPA).The PPA for the...

  • Mphathi exits PNR Botswana

    In a statement on Friday, PNRB said Mphathi’s departure was part of organisational changes to the executive management team.Beginning three years ago, with Mphathi at its helm, PNRB took over the Selebi and Selebi North shafts which represent two...

  • IMF expects weaker growth due to diamond output drop

    An IMF team, led by Luc Eyraud, division chief in the IMF African Department, visited Gaborone between July 4 and 14 and held discussions with various monetary and fiscal authorities.In a statement made available after the visit, Eyraud said the...

  • One-third of consumers worry about loan default

    TransUnion and its research partner, Dynata, surveyed 401 adults residing in Botswana between May 5 and 22 using an online research panel method across a combination of desktop, mobile and tablet devices.To increase representativeness across...

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