Author

For years, the BSE and its partners in the Botswana Bond Market Association advocated for the use of municipal bonds as a viable infrastructure development financing mechanism. Municipal bonds, as used all over the world, are debt instruments that...

A notice to the Botswana Stock Exchange this afternoon indicates that more than 99% of the shareholders present at an Extraordinary General Meeting convened for the transaction yesterday, voted in favour of the deal.Under the terms of the...

A bigger stake in De Beers would fulfil Botswana’s dream of controlling the diamond industry from mine to market and the company’s valuation is possibly at its cheapest ever. However, a larger stake also means shouldering more for projects such...

Figures released by Statistics Botswana last week, confirm a trend analysis showing that higher numbers of vehicles, mostly used, are being purchased and registered in the country.While the first time registrations dipped between the fourth quarter...

RDC Properties closed an initial offer to PrimeTime shareholders on August 1 and this week announced that those who expressed interest in participating were less than the 44% equity stake it was seeking in the rival firm.“As of the initial closing...

The group, which is one of South Africa’s largest retailers, recently received local approval for the 100% takeover of NTS Holdings, the company that had been operating Pick n Pay supermarkets and liquor stores in the country for over a decade...

The Visa Africa Fintech Accelerator offers Africa-focused start-ups mentorship, tailored training, networking, and access to funding and resources, helping them advance in the fintech sector, officials said.They said the initiative is part of...

Inflation is likely to overshoot the 2.7% average originally projected by the Bank of Botswana (BoB) for this year. This is largely due to the July 11 changes to the Pula exchange framework which made access to the official foreign exchange reserves...

Speaking exclusively to Mmegi this week after engagements with Boko as well as Minerals and Energy minister, Bogolo Kenewendo, Cook said all hands were on deck towards resuscitating demand for diamonds.“I am very impressed by the way that President...

Through a statutory instrument, government will from August 1 restrict the importation of 50 kilogramme pre-packaged cement, as a way of boosting local production and the associated value chain.The country ‘consumes’ about 650,000 tonnes of...

Changes to the Retirement Fund Act in October 2022 have allowed different classes of pension fund members to encash greater amounts of their savings for loans, mortgages, and medical expenses or receive a cash payout of 50% of savings, rather than...

Every time President Duma Boko speaks, his strategic direction in terms of the agility and dynamism of the public service is clear. With urgent budget and economic challenges banging on his door, a short few years to accomplish them and the...

The country’s only indigenous bank enjoyed a strong 2024, recording its first ever profit in the first half of last year and ending the full year with pretax profits of P45.3 million, up from a loss of P28.2 million the prior year.Other counters in...

Firms around the country have increased their prices following the downward revision of the pula and an increase in the costs commercial banks pay to access foreign currency from the central bank.Both the BoB and the Competition and Consumer...

Since government adjusted the pula’s rate of crawl downwards and increased banks’ trading margins for foreign currency trade with the Bank of Botswana, several businesses have adjusted their prices by up to 10%.The moves are expected to be...