Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • Precious thebes still slip through gov’t fingers

    At the Veterinary Services Department, a former employee “promised to pay back” P230,442 stolen between 2010 and 2014. The former employee has been making the same promise over the years.The latest troubling glimpse into the state of public...

  • Business Botswana engages govt on fuel prices

    The organisation’s comments come as it engages with government on the pressures around oil prices, as a result of the Middle East conflict. Business Botswana officials said the organisation had met with Trade and Entrepreneurship permanent...

  • Athletes ramp up World Relays’ readiness in Letlhakane camp

    Botswana Athletics Association CEO, Mabua Mabua told Sport Monitor that locating the camp in Letlhakane had helped the athletes focus on their training and abilities for the event.“The environment they are in provides the best opportunity for them...

  • From Oman with love

    President Duma Boko was in his trademark emphatic element on Thursday, launching the groundbreaking of the country’s largest renewable energy project which comes with the first utility scale Battery Energy Storage System (BESS).That the mammoth...

  • French uranium giant targets 15,000km² exploration

    Senior officials confirmed to BusinessWeek that the group, which is 90% owned by the French government, is moving ahead with various activities geared at kickstarting exploration activities in the country.“Orano has submitted applications for...

  • The Age of Hyperbole

    In an age where attention directly generates revenue, hyperbole becomes the tool of the trade that influencers use to get ahead.For the seedier players in the industry, hyperbole is the viscous fluid they use to grease the flim-flam machines they run...

  • BBS confident of scaling greater heights

    Pedzani Tafa is not looking for blind patriotism. She explains that BBS Bank is a fully-fledged commercial bank with a suite of products and services that serve customers’ domestic and foreign needs.Three years into the initial five-year strategic...

  • BBS focuses on recovery after tough 2025

    BBS, the country’s only indigenous bank, has swung between periods of losses and profits in the three years since it kicked off commercial banking operations, a period executives describe as formative, transformational and associated with set-up...

  • Pension funds beat PFR 2 target

    Bank of Botswana figures released recently indicate that assets held by the country’s pension funds reached P167.2 billion in December, with about P76 billion held domestically and the balance offshore.Under NBFIRA’s amended investment rules,...

  • Inside the plan to turn Air Botswana around

    Over the years, several attempts have been made to turn Air Botswana around, including plans to bring in a strategic equity partner, privatise the airline, shave off the ground crews and refleet.The plans have met with minimal success and shocks such...

  • A surprise sparkle for diamonds

    As the 36.92 carat blue diamond made its tour of the Office of the President on Wednesday with security officials scurrying about and cameras flashing, an onlooker had a poignant observation.“Would a synthetic no matter its size, colour or shape,...

  • Oman firm formally awarded 500MW solar deal in Maun

    The contract represents the largest renewable energy project for the country, eclipsing the 120MW plant currently being developed in Mmadinare and led by Norwegian firm, Scatec ASA.A notice by the Ministry of Minerals and Energy recently indicates...

  • BDC targets P1.4bn investments in new repositioned strategy

    The Corporation’s recently released interims indicate that priority sectors will include agriculture, health, manufacturing, renewable energy, financial services, real estate, tourism, creative economy, education, media, and technology.Directors...

  • Trade deficit eases in 2025

    Figures released by Statistics Botswana indicate that softer imports of diamonds for the year also contributed to the improved numbers. Under the agreement with De Beers, Botswana imports diamonds from the company’s mines around the world, which...

  • Afreximbank offers helping hand to Botswana

    Mmegi: Kindly share on Afreximbank’s strategy or approach to partnering with Botswana?Nwugo: Since its inception in 1993, Afreximbank has grown significantly, with a balance sheet approaching $45billion, primarily dedicated to loans and advances...

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