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CFAO Healthcare is a pan-African pharmaceutical giant with a footprint covering 26 African countries and six French Overseas Territories. The group manufactures licensed medicines in Morocco and Algeria and also assembles and distributes generic...

The company’s Annual Report released recently, indicates that MCM recorded pretax losses of P216 million in the financial year ended December 31, compared to pretax losses of P26 million in 2024.Much of the decline was due to reduced offtake by the...

On Wednesday, the BDC signed statements of intent with the Arab Bank for Economic Development in Africa (BADEA) for the provision of financing facilities totalling €100 million (about P1.5 billion).BADEA is a long-time financier of development in...

The 10.7% is the highest inflation has reached since December 2022, when Russia’s invasion of Ukraine earlier that year triggered a global spiral of food and fuel prices.Statistics Botswana figures show that between May and June, indices tracking...

Mmegi: We meet as you leave G4S Botswana after five years at the helm. How was the journey?Molokomme: It was an exciting challenge moving from a completely new and different industry in a leadership role - the journey has been punctuated by both ups...

The negative credit growth technically means that in May, borrowers were paying back more than they were taking up new loans.The May position is down from a negative 1.5 percent in April and 0.02 percent in March.General credit growth, or the rate of...

In December, the BPC had requested an increase averaging 46% across the various categories of consumers. BERA, as the regulator, held a public hearing in February where many expressed strong opposition to the BPC’s request.In a statement on Monday,...

Jamie Carratti, director and asset president of Sandfire’s Motheo operations, told the recent Future of Mining Summit that the Australian company was pulling out all the stops to extend its time on the Kalahari Copperbelt.“We see huge value in...

In its simplest definition, Artificial Intelligence, better known as AI, is the revolutionary technology that uses large datasets and machine learning to replicate and improve on tasks done by humans. Botswana has developed a draft AI policy that is...

OLEA Insurance Solutions, a pan-African group, received regulators’ approval to wholly takeover and rebrand Marsh Botswana last December.Marsh Botswana, an entity with a more than 40-year history in Botswana, is amongst the major players in the...

The central bank raised P800 million of the P2.8 billion from the longer maturing bonds, while the short-term Treasury Bills continued their dominance of the monthly auctions.According to Kgori Capital trend analysis, yields fell across the spectrum...

The economy expanded by 3.5 percent in the first quarter, with most sectors recording growth of 0.3 percent or higher, except for agriculture and construction which declined.The numbers compare to a contraction in the first quarter of 2025 of 0.3...

The revision will also ensure greater operational stability for the Botswana Power Corporation (BPC) and encourage investment in the electricity sector, the regulator’s CEO, Never Tshabang, said on Monday.Speaking at the Future of Mining Summit, he...

While central bank officials said the review would be comprehensive, they were also quick to stress that this did not imply the results would equally be significant.The Pula has been managed via a crawling peg system since 2005, which relies on the...

Debswana’s Ya Masa strategy, covering the years 2025 to 2029, officially marks the diamond giant’s first expansion in mandate since it was established 57 years ago.Under the strategy, Debswana intends to rebuild its core diamond business, but...