At the November 25 auction, three of the four notes offered by the Bank of Botswana (BoB) to bidders recorded increases in their stop yields of just five basis points or less. However, the yield on the six-month treasury bill rose by 37 basis...
In a recent announcement, the Minerals and Energy ministry confirmed that Jindal had beaten other shortlisted firms, who include Minergy Limited and Sese Power, to a contract which is conservatively estimated at more than $1 billion (P12.9...
According to an appendix to the draft Transitional National Development Plan, government intends to spend P260 million rebuilding the road in 2023-24 and another P320 million in the 2024-25 financial year.The transitional NDP, which has been tabled...
United Nations Climate Change High-Level Champion's special advisor, Bogolo Kenewendo, reports that at the Sharm El Sheikh, Egypt climate change summit, a trend was seen amongst some of the activists.“There is actually a badge that has been...
The loan will be the second and last in a series which produced the $250 million (P3.2 billion) funding in June 2021, a rare instance of direct budget support from the World Bank to Botswana. Both sets of funding are known as “development policy...
At the time of writing, Environment and Tourism minister, Philda Kereng and her team would have been wrapping up their debates at the Convention on International Trade on Endangered Species (CITES) and preparing to pack their bags to return...
The recommendations are contained in the committee’s report scheduled to be debated by Parliament. The report follows a four-month countrywide consultation which involved 132 kgotla meetings, attended by nearly 30,000 attendants.The...
Information coming out of the Conference of Parties (CoP), CITES’ (Convention on International Trade in Endangered Species) highest decision-making meeting held every three years, indicates that key proposals being pursued by Botswana and its...
The deal represents one of the biggest fundraising rounds for the exploration of the remote Kalahari, a relatively unexplored area of the country, hidden under thick sands but believed to contain large amounts of mineral riches, including base metals...
“We are opposed to this proposal and we feel that there’s no need to waste any more time on this debate because there’s no consensus emerging.”The Senegalese representative at CITES’ Conference of Parties (CoP) taking place until November...
By early morning this past Saturday, the scores of Kimberley Process delegates still holed up at the Gaborone International Convention Centre (GICC) would have been in disbelief at how impossible it can become to agree on a few lines of...
Rays of hope for Botswana and her elephant range neighbours have emerged ahead of the Convention on International Trade in Endangered Species (CITES) Conference of Parties (CoP) meeting in Panama, where several West African countries are pushing for...
Director of Insurance and Pensions at the Ministry of Finance, Patrinah Masalela told BusinessWeek that while finalisation of the new rules was at an advanced stage, a phased approach would be used in which the minimum percentages to be invested...
The plant, which will use lenses or mirrors to focus a large area of sunlight onto a receiver, is due to be operational by 2027 and is the flagship renewable project in government’s Integrated Resources Plan (IRP) for energy development in the...
Last Friday at the end of its plenary held in Gaborone, the Kimberley Process, the global anti-conflict diamonds group backed by the United Nations, voted in favour of establishing its secretariat in Botswana.The vote officially confirmed that the...