Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • How inflation hit milk, meat, sugar hardest in 2025

    The latest data from Statistics Botswana indicates that in the 12 months to December 2025, the average prices of milk and related products such as cheese were up 8.8 percent, meat 8.5 percent, fish 9.3 percent and hot beverages such as coffee, tea...

  • BERA sets date for BPC tariff hearing

    The meeting is part of a consultative process initiated after the BPC requested an average 46% increase in tariffs from April 2026, with the adjustment for households proposed for 68%.The BPC’s reasons for the request include recurring financial...

  • End of the titans’ era in banking

    Standard Chartered, the country’s oldest bank, expects to exit the country in the next 12 to 15 months. As Mmegi reported earlier this week, while the bank initially sought bidders for its Wealth and Retail Business unit, suitors said they...

  • Pula Steel steams back into production

    Pula Steel has emerged from an extensive legal wrangle after the Court of Appeal approved the P18.3 million sale of the pioneering steel plant to Sherashiya Pty Ltd last March. Prior to that, operations at the Selebi Phikwe-based plant had been...

  • BSE powers against economic contraction in 2025

    The DCI rose by 12.2% in 2024, putting on more than P6 billion and again swimming against the three percent contraction in the economy that year.Available figures show that in 2025, the DCI began the year in fits and starts, before picking up from...

  • Budget to feature additional austerity measures

    The budget has incurred rolling deficits since the 2017-2018 financial year, largely as a result of declining mineral revenues and stubbornly high spending. The COVID-19 pandemic worsened the situation, forcing government to dig deep into its...

  • Four years from deadline, the world is just one-third into SDG targets

    In the midst of the global turmoil around the economy, politics and powerplays, it’s almost easy to forget the optimism with which countries around the world adopted the Sustainable Development Goals (SDG) in 2015, under the banner of the United...

  • Canadian firm uncovers “significant” critical minerals in north-west Botswana

    Tsodilo wholly owns the Gcwihaba Metals Project in the north-west of the country where the discoveries were made.In a statement to the Toronto Stock Exchange where Tsodilo is listed, the company said recent results from a drilling programme had...

  • Stanchart explores full sale of its business

    Popularly referred to as Stanchart, the London-based global group, first set up in Botswana in 1897 as the country’s first commercial bank.In a statement earlier today, bank executives said the decision to explore a sale of the full franchise...

  • WUC losses deepen despite higher revenues

    Brief financials posted to the Botswana Stock Exchange this week show that the losses largely stemmed from higher net depreciation, which rose to P220.5 million from P121.6 million. No reasons were provided for the higher provisions for depreciation,...

  • Pula gains against USD in 2025

    The pula’s movements against both currencies has become a major debate point, after changes to the exchange rate framework last July triggered economy-wide price hikes. The changes made by the Ministry of Finance were designed to protect the...

  • Gaolathe seeks support from AfDB

    A statement from the Ministry says Gaolathe and AfDB group president, Dr. Sidi Ould Tah, will discuss extending the Bank’s technical support and capacity-building assistance to accelerate the BETP. They will also explore “innovative financing...

  • Pula exchange framework largely maintained

    By law, authorities revise the Pula exchange rate framework twice a year, in June/July and December, basing their decision on factors such as the levels of the foreign exchange reserves, inflation in trading partner countries and others.July changes...

  • BHC acting CEO resigns

    A statement earlier today from the housing parastatal's board says Sefawe’s final day will be December 31.“During her tenure as acting Chief Executive Officer, Ms. Sefawe provided steady leadership and strategic direction during a critical...

  • Khoemacau set for P11.8bn expansion

    MMG, a Chinese state-majority firm, snapped up Khoemacau in a $1.7 billion deal in 2024, as part of the global quest for critical minerals which are essential for clean energy technologies, defence and consumer electronics.In a statement earlier...

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