Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • Tati Solar project eyes takeoff

    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...

  • Gov't allocates P97m as FMD fightback begins

    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...

  • NDB explores commercial banking model

    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...

  • Emergency probe as FMD tests national buffers

    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...

  • NDP 12’s small missing piece

    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...

  • FMD cases suspected in North-East

    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...

  • Forex powers banks' non-interest earnings

    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...

  • Govt fights to avoid debt trap

    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...

  • Deficit due to drop; more spending cuts due

    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...

  • BoB eyes record P5.1bn debt for gov't

    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...

  • Banks' earnings rise on forex trades

    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...

  • 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...

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