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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...

In 2007 commercial banks’ collective net incomes first breached the P1 billion mark. Today, the country’s top bank routinely makes P1 billion in pretax profits every six months.Banks have grown from the “comfortable duopoly” of Standard...

The Cairo-headquartered supranational, of which Botswana is a member, offered the three-year country programme in 2022, but talks eventually broke down, reportedly over terms. In 2024, the bank, with assets approaching $45 billion, said it was still...

The amount sought by the central bank is amongst the highest in recent months, as fiscal authorities continue to fight to balance weak and uneven revenues, with recurrent obligations in the public finance ecosystem.The auction of three Treasury Bills...

Speaking at the Tax Pitso last week, the tax veteran said the gap meant that a substantial portion of revenue that should be funding national priorities is not being realised. He added that no system, law, or institution could address the situation...

Figures released by Statistics Botswana recently indicate that the rate of increase of prices of vegetables and meat decelerated in February, while other key items remained robust or rising. The 12 months to February, the average prices of oils and...

The start of the new financial year on April 1 marks a pivotal cycle for government and the broader economy, navigating the cost of delivering public services, the burden of rising debt and the need to reignite growth.The climate is supported by...

The country’s commercial banks are amongst the economy’s most consistently profitable sectors, defying periods of downtrends and weaknesses over the years. Bank of Botswana figures indicate that whilst the banks largely skated through the three...

The Botswana Energy Regulatory Authority (BERA) maintains a slate, which is a formula calculating the costs involved in supplying and distributing various forms of fuel within the country. Every month, BERA looks at the movements of the various...

The figure for last year came even as banks restrained their lending activities, with total loans extended starting 2025 at P87.2 billion, peaking at P90.6 billion in May and reaching December at about P90 billion.The arrears rose from 6.4 percent of...

In a statement, BOCRA officials said the One Network Area (ONA) framework would expand beyond Botswana and Namibia to include Malawi, Lesotho, Mozambique, Zambia, and Zimbabwe. The ONA initiative is aligned to efforts by SADC member states to reduce...

Between January and February 28, Choppies’ share price retreated by seven percent, whilst Letshego shed 5.6 percent, pushing the DCI down. In an update, BSE officials said only a few domestic counters, such as Absa (+0.1 percent), Turnstar (+0.5...

“I have a demand governor, and (BoB) board chair and a demand is a non-negotiable requirement. “From yourselves, what we need is unbiased and straightforward, objective financial and economic advice without any fear or favour. “We are going to...

Those who want policymakers to give up on diamonds and move on frequently point to the fact that Angola last year overtook Botswana as the continent’s biggest producer of diamonds by value. The explosion of synthetics in the market also means the...

Charges will take the form of additional capital requirements, Governor Lesego Moseki said, explaining that high concentrations of wholesale deposits were linked to rising interest rates and the threat of higher inflation.“The bank notes with...