Cas Coovadia, CEO of Business Unity South Africa and B20 Sherpa, was speaking at the launch of the South African Business Initiative for Impact, a side-event of the B20 which started here today. The B20 serves as the official G20 dialogue forum with...
Imagine your typical homestead any rural area. In front of the main entrance, without trying too hard, you can tell who the homeowners’ favourite neighbours are, by observing the most used dirt track. There may be some other tracks where grass has...
A few years ago, reports emerged of increasing commercial and related activities along the river systems that feed the Okavango Delta, an alarming trend that threatened the World Heritage Site and its economy.Angola is the water tower of SADC, with...
The Namibian Sun on Tuesday reported unnamed government sources as saying the Cabinet in that country had approved a push for between 10 and 15% equity in De Beers. Anglo American, which has been an investor in De Beers for more than 90 years, is...
The central bank, government’s agent in the local capital market, has generally missed its fundraising targets at each of the monthly auctions of government-backed treasury bills and bonds since July last year.The auctions have been hit by...
The numbers confirm the wild take-off of online sports betting since the licencing of several operators by the Gambling Authority earlier this year. The numbers equally confirm the revenue windfall available to gambling companies that have identified...
All signs are that the country will enjoy bountiful rains this year, good news to the more than 90% of farmers in the country who depend on the benevolence of the skies for their livelihoods.However, at the Pandamatenga commercial farms, the hub of...
Figures shared by the Bank of Botswana indicate that annual credit growth, or the increase in the total amount of loans and given out by banks, was measured at four percent in January, rising to 10.3% in June before moderating to 7.3% in August. By...
The two countries, which are the continent’s leading producers of diamonds, recently announced that they are both seeking majority stakes in De Beers, the diamond giant in which Anglo American is selling its 85% stake.However, following a meeting...
The BDC is amongst a handful of local parastatals which subscribe to global credit ratings agencies.In its latest update, Moody’s said the change to a negative outlook primarily reflects the government’s weakening capacity to support the BDC...
The Bank of Botswana’s Banking Supervision Report released recently, shows that of the nine commercial banks operating in the country, only three reduced staff, mainly as a result of increased automation and use of digital channels.The increase in...
KAZA is the world’s largest terrestrial TFCA covering parts of Angola, Botswana, Namibia, Zambia, and Zimbabwe and stretching across 520,000 square miles (approx. 1,346,800 square kilometres) that boasts both the Okavango Delta and the Victoria...
The three winners of the competition are PK Maxi Farms who scooped P350,000 for an innovative and community-impact initiative, while Mr. Solar secured second place and won P200,000. Phemo Aesthetics claimed P150,000 in third place.Visa officials said...
On Wednesday, Absa Bank Botswana managing director, Keabetswe Pheko-Moshagane, reminded a gathering in Gaborone about the stark reality facing many Small to Medium Enterprises, especially those in their nascent stages.According to the prominent...
The last review, done on July 10, resulted in a faster depreciation of the pula, whilst changes to the central bank’s trading margins for foreign currency with banks kicked off economy-wide price hikes.Authorities said the measures were critically...