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Thus far, Ndaba Gaolathe has spent much of his tenure thus far as the Finance Minister fighting to steer the country away from a fiscal cliff, which is defined as the point where government finds itself unable to pay its debts.Since assuming the...

BusinessWeek has learnt that new tax changes, including higher rates for corporate tax and International Financial Services Centre companies, are due to be tabled and debated in the upcoming sitting of Parliament.The new changes will shore up...

The news of my death are greatly exaggerated, legendary American writer, Mark Twain famously wrote.Diamonds are probably saying the same thing, after a bleak report emerged from the Finance Ministry, warning of a possible “non-recovery” for the...

In a quarterly update released this week, Tlou directors said in the third quarter, key subcontractors had been identified to finalise the work and the remaining items needed two to three months. The directors said while initially expected to have...

In an update to investors on Wednesday, the energy junior said the latest timelines follow the successful execution of an Engineering, Procurement and Construction contract in December and the locking in of project costs.Directors said community...

The funds will go towards the deployment of 10,000 vaccines, the vaccination campaign, and other interventions aimed at containing the disease and quickly recovering from the outbreak. FMD’s incursion in the area came after Zimbabwean authorities...

At present in the local commercial banking sector, only BBS Bank is citizen-owned, whilst all the others are the offshoots of parent groups that are based out of South Africa, Namibia, Malawi, Namibia, Nigeria and the United Kingdom.The NDB, a...

Although the Department of Veterinary Services (DVS) had not responded to emailed questions by Press time yesterday, other insiders said the results of the emergency probe were being fast-tracked and due by Thursday afternoon.Under a restocking...

On paper, the equation appears simple. Pension funds as at October 2025 held more than P166 billion in funds while government has, since 2017-18, been running multi-billion Pula budget deficits.One side is looking at stable returns for members and...

Movement of all cloven-hoofed animals is prohibited except within Ngamiland, Okavango and Chobe and all permits revoked with immediate effect.Movement of fresh products from cloven-hoofed animals is suspended with immediate effect and exports of such...

Preliminary Bank of Botswana (BoB) figures released recently show that between January and June 2025, non-interest income earned by the country’s commercial banks averaged P352.8, before rising to an average of P548.1 million between July and...

Without meaningful restrictions on spending, government faces an elevated risk of a debt trap over the short to medium term, said technocrats writing in the Budget Strategy Paper released last week.The officials noted that the country’s fiscal...

The insights are contained in the Budget Strategy Paper released this week. The annual research and estimates document is usually released in September and is a blueprint of the policies, numbers, and priorities underpinning the next budget.This...

Prior to the January 30 auction the highest amount ever sought by the central bank in its monthly forays into the capital market was P4.6 billion in January 2025.Under government’s P55 billion domestic note issuance programme, the BoB floats bonds...

Preliminary Bank of Botswana (BoB) figures released recently show that between January and June 2025, non-interest income earned by the country’s commercial banks averaged P352.8 million, before rising to an average of P548.1 million between July...