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...
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, 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...
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...
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’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...
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...
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...
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...
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...
According to Bank of Botswana data, the pula reached P14.14 against the dollar on Monday, the lowest level the local currency has dropped to against the greenback, before recovering slightly to end the day at P14.05 by press time on Wednesday.The...
Acting governor of the Bank of Botswana (BoB), Kealeboga Masalila, explains that while foreign currency exchange seems like a matter for major firms and entities, many of us interact with it in one way or the other, especially in this modern,...
Mmegi: Kindly give us a brief description of Hollard Life, its history in Botswana, and its position in the marketTau: Hollard Life Botswana (HLB), established in 2011, and licensed by Non-Bank Financial Institutions Regulatory Authority (NBFIRA) in...
According to the 2025-2026 Budget Strategy Paper issued by the Finance Ministry, the e-billing pilot has been ongoing for three years and is scheduled to end by March. The ministry described the e-billing initiative as a key priority in the effort to...
According to the last official figures, the country’s foreign reserves managed by the BoB declined to P56.1 billion in October 2024 from P64.9 billion in October 2023, due mainly to the decline in rough diamond sales.The prolonged decline in...