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Government spent P112.3 million on Phase 1 of the Airport City SEZ, covering 100 hectares. The funds were spent on developing a 1.8km six lane dual carriageway, storm water drainage, primary water and sewer networks, electrical power reticulation,...

According to the data agency, in July, the country’s trade balance – or the difference between the values of exported and imported goods, widened to a shortfall of P4.2 billion from a deficit of about P3 billion in June. The country’s trade...

Maatla controls the Mmamabula Coal Project on the well-explored eastern coalfields, which contains over 90 million tonnes of high-grade thermal coal.CEO Jacques Badenhorst told BusinessWeek funding was in place to finalise construction of the mine...

Those who enjoy numbers will turn over every digit of the recently released Gross Domestic Product (GDP) figures for the second quarter, analysing the trends, making projections and forming opinions.The figures were eagerly anticipated as the country...

The BAOA is the oversight body of the accounting and auditing profession in Botswana, regulating the activities of auditors as well as the financial reporting and corporate governance of Public Interest Entities (PIE) and the corporate...

According to the results published on the Botswana Stock Exchange recently, BBS Bank’s interest income shot up 42% year on year to P233 million, off the back of a stronger loan book which went from P3.3 billion to P4.2 billion between June 2023 and...

Giving an update on the 1,529-hectare Leupane Energy Hub and Industrial Park the company is developing, Botala CEO Kris Martinick said the company was looking at gas sales agreements within Botswana and into the region, as well as solar to the...

Mmegi: Orange Botswana’s rise to market leadership, now holding a 43% market share, is a landmark achievement. Take us through the path of how you got there and what it took?Maïga: The strategy is built with our staff and the starting point was...

Banking is amongst the country’s most profitable sectors, with local banks’ collective profits breaking historic records in two of the three years since the pandemic year of 2020. Banks’ profits have defied downturns such as COVID-19, with...

In a statement to regulators earlier, Giyani directors said the licence’s award would support production of battery-grade manganese at a demo plant in Johannesburg from the fourth quarter of the year.“The product from the demo plant will be used...

The central bank’s latest figures indicate that the GIA in July was at its strongest position since March when it was estimated at P7.2 billion.While the Bank of Botswana statistical report did not give reasons for the improved GIA performance in...

The assets under management as at June 30 include P6.8 billion from Bifm’s Zambian operations and P2.6 billion from BIFM Unit Trusts. In a statement released after the asset manager’s recent interims, Bifm officials said operating profits for the...

BBS Bank, the country’s sole indigenous commercial bank, is expected to unveil its interim results no later than September 27. In a cautionary to investors this week, BBS Bank directors said the pretax profits for the half year to June 2024 were...

All indications are that after the disastrous “Hell Nino” of 2023-24, farmers and the nation at large will breathe a sigh of relief in the upcoming cropping season.Regional meteorologists put their heads together in Harare recently for their...

Evolving into a diversified export-led economy is top of the government’s transformational agenda, holding the promise of the sustainable, diversified and knowledge-driven growth required to reach the high income status dream.It’s the path that...