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While the central bank did not give reasons for the decline, analysts expect that the downtrend is linked to the tighter liquidity experienced in the financial sector, amidst the broader contraction in the economy. The lower figures could also be...

Local millers estimate that the country is giving away at least one billion Pula to South Africa annually in terms of importing maize and wheat that could be produced in the country.Statistics Botswana figures are even more sombre. Imports of...

The country's annual usage of the gas has soared above 21 kilogrammes, as more rural consumers switch from firewood. However, the sector has been unregulated in terms of pricing and with just five importers responsible for all the products coming...

In 1969, then 30-year-old Festus Mogae found himself as one of the very few black faces around a table dominated by Afrikaner governance veterans as a young Botswana and other regional ‘minnows’ negotiated clauses in the Southern African Customs...

Recently, the Botswana Development Corporation (BDC) revealed that its asset book of about P6 billion is yielding about P50 million in predictable cash, or a conversion rate of under one percent.Essentially, the Corporation’s assets are...

BOL has enjoyed the oil import mandate since April 2024, but recent revelations indicate that the oil parastatal has only imported an average of 60% of the country’s fuel supplies. The balance has been brought in by majority citizen-owned oil...

The arrears figures steadied to P6.6 billion in February, a level roughly representing the average in 2025. In January, most of the arrears, or 32 percent, were classified as “specific provision” meaning dues that are over 180 days old and...

Since October last year, the BoB has restricted banks from increasing their prime lending rates, the benchmark rate against which other credit products and services are priced within banks.The move came after a sharp upswing in interest rates amongst...

The cowpeas were found to be unfit for human or even animal consumption at that time, the Auditor General said.Cowpeas, like other pulses and grains, require regular rotation or turning to protect their quality and prevent spoilage. The rotation...

An Anglo American production report for the first quarter shows that De Beers generated $648 million (P8.8 billion) in sales from two auctions, compared to $520 million (P7 billion) over the same period last year. The diamond giant sold 7.7 million...

The case is being heard at the Competition and Consumer Tribunal.Yesterday, another participant in the alleged scheme, Hollard Insurance, reached a settlement with the fair-play watchdog, agreeing to pay P4.8 million for its role in the scheme.The...

According to information shared on government’s official social media, Gaolathe held talks with Dangote earlier in the week as part of Botswana’s efforts to deepen intra-African economic partnerships.The talks, described as early-stage...

The Auditor General’s latest report, tabled in Parliament a week and a half ago, paints a disturbing picture of misspending of the COVID-19 Fund, the central wallet into which government, the private sector, donors and well-wishers poured funds...

There is something deeply significant and strategic about the fact that some of the greatest support for Botswana’s historic hosting of the World Athletics Relays has come from the diamond sector.Debswana, the Okavango Diamond Company and Lucara...

Debswana has reportedly received preliminary board-level approval for its diversification strategy, which seeks to leverage the group’s expertise, non-diamond assets and interests into broader ventures beyond diamond mining.Previously released...