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Pension funds, which are predominantly invested offshore, endured a trying 2022 with much of the losses associated with downtrends in global giants such as Meta, Apple, Amazon, Netflix, and Google, the global tech giants.The situation was mirrored at...

Pension funds, which are predominantly invested offshore, endured a trying 2022 with much of the losses associated with downtrends in global giants such as Meta, Apple, Amazon, Netflix, and Google, the global tech giants.The situation was mirrored at...

While the law came into effect in October 2021, individuals and entities handling personal data were given until a year's grace period to comply with the requirements to ensure the protection of this data.The grace period was extended to...

ODC conducts 10 auctions of rough diamonds each year, attended by buyers from across the world who bid on an auction basis for the different sizes and types of stones on offer.The company sources its diamonds from an annual 25% allocation of...

Kobamelo Kgoboko, who was in Singapore this week to accept an Award of Merit by the International Federation of Consulting Engineers (FIDIC), given for the design of Mohembo Bridge, said the landmark complements the tourism package that attracts...

BusinessWeek has established that Gazelle Ecosolutions, a tech and environment firm with global founding partners, has finalised a proof of concept at the Tsabong project site which demonstrates that the carbon credits can be put on the global...

Oded Mansori, one of five partners who founded HB Antwerp in 2019, this week blasted his co-founders for relieving him of his management duties and has taken the dispute to courts.Mmegi has learnt that a Belgian court is due to pronounce judgement on...

Finance ministry technocrats writing in the draft Budget Strategy Paper released this week, said already 140 government services had been taken online, including import and export permits, tourism permits, licences and permits applications, tertiary...

The BTCL posted a 23% drop in pretax profits for the year to March 2023, blaming the drop on the replacement costs for stolen copper cables as well as once-off restructuring expenses. Directors noted that the total impact of copper cable theft...

Petroleum industry veteran and Kwa Nokeng Oil CEO, Mahube Mpugwa, says the citizen-owned company’s ambition is to see Botswana become the region’s most preferred trade and logistics route. In a region where governments are building infrastructure...

Listed and unlisted banks are due to unveil their annual and interim financials in the coming weeks, with several estimates already indicating that profits will be elevated.Bank of Botswana data shows that cumulative after-tax commercial bank profits...

On Wednesday, the Meteorological Services Department confirmed that the dreaded climate occurrence was already building in the skies above the country and was due to reach its strength by the end of the year, affecting the entire rain season.El Nino...

BIHL, the country’s largest and most diversified financial services group, has been generally enjoying an upswing in its share price this year, and before Tuesday, had gained a net 11% on its share price since January.On Tuesday, BIHL gained five...

Local investment professionals reject the criticism that they are too conservative. The debate over changes to the pension fund rules, has been raging for years and at times accusations have been traded between the regulators and the investment...

Last August, the High Court placed FirstCred, formally known as GetBucks Botswana, under judicial management following a period of financial turbulence with part of the troubles involving the alleged mismanagement of hundreds of millions of pula by...