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Mobile money services in Botswana include Smega by BTC, Orange Money by Orange Botswana, MyZaka by Mascom, and Poso Money by BotswanaPost. Figures shared by Statistics Botswana this week indicate that by December, the country had 1.8 million mobile...

The central bank has a medium term objective range for inflation of three to six percent, which it considers conducive for economic growth and stability in the country. However, inflation was last within the objective range in April 2021, as the...

Information uncovered by BusinessWeek indicates that Hennig has been receiving registrations for the tender of the rough diamonds scheduled for April 27 to 30 in Dubai. A similar tender process will be held in Antwerp between May 4 and 10.“Original...

Retail investors, the term used for individuals as opposed to institutions or corporates, have traditionally under-participated in the local investment market, due to factors such as cost, financial literacy, and other accessibility issues.Bifm,...

“I was in Paris, looking at Louis Vuitton’s holding company with its leader.“That company exceeds De Beers by 100 and it exceeds Anglo America five times, in terms of size. It’s huge. “I was looking at the Sewelo diamond which I think is...

Despite containing some of the world’s most climate vulnerable countries including many with the least electricity generation, Sub-Saharan Africa currently has about $1.4 billion in sustainable or green bonds, or less than one percent of the global...

The forecast is contained in the latest edition of the IMF’s World Economic Outlook (WEO), which contains updates of the institution’s projections from the October edition.The IMF’s latest forecast for Botswana in the 2023–2024 fiscal year is...

LCW closed in 2017 as its plant wore out and became less efficient in the production of the bricks that have made it a household name in the country. BDC, the state investment and diversification agency, wholly owns LCW and has thus far invested P79...

A report by a United States agency has found that Botswana has the continent’s lowest exports under the African Growth and Opportunities Act (AGOA), with the country’s utilisation rate of the trade arrangement falling from 100% to zero in the...

According to Bank of Botswana data made available recently, the value of base metal exports progressively grew across all quarters last year, starting at P653.4 million in the first three months of the year and ending the last three at P1.2...

The pension fund pumped out P477 million to Capital Management Botswana (CMB), while Bona Life, which relaunched recently, had directed P133 million to the asset manager for investment.CMB, now under liquidation, was contracted by the BPOPF in 2014...

The deal, whose value has not been publicly disclosed yet, grants CDC access to the Kamoso group’s well-known divisions such as Liquorama, Builders Mart, Mediland, Lemepe, Mont Catering and Refrigeration and others. CDC is an entity wholly owned by...

In fact, Botswana is expected to experience one of the continent’s strongest growth rates of High Net Wealth Individuals in the next 10 years to 2032.The estimates are contained in the latest update of New World Wealth’s Africa Wealth Report,...

Selkirk Mine operated as an underground between 1989 and 2002 when Tati Nickel, then owned by LionOre and government, placed the operation under care and maintenance.This was due to the depletion of high-grade copper and nickel ores that were...

For the outside observer, of late, the diamond industry has been dominated by debates over the sanctions against Russian diamonds, the efficacy of the Kimberley Process and more recently, De Beers’ negotiations with Botswana.Debates on lab grown or...