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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...

“COVID taught us that people can work from home, but here in Botswana, we are still looking for the four walls. “The traffic is full of people going to the offices when in fact they could be doing things at their own houses, working, being...

The group has found a buyer for Letshego Ghana Savings and Loans PLC, Letshego Faidika Bank Tanzania Limited, Letshego Microfinance Bank Nigeria Limited, Letshego Rwanda Limited, and Letshego Uganda Limited.The deal is valued at about P840 million...

For decades, Debswana’s board has resisted pressure and advice from executives to diversify the group’s focus beyond diamonds. Besides investments in insurance, education, and a pension fund, Debswana has largely remained focused on the precious...

In a statement, the ministry said the UN team was helping to strengthen Botswana’s capacity and readiness to engage effectively with international credit rating agencies. The engagement comes after both Moody’s and S&P’s lowered the country’s...

Fabtech Technologies, a Mumbai, India-based group listed on the National Stock Exchange of India Limited, announced the award of the contract this week, as part of its disclosure obligations.“Under the project scope, Fabtech will deliver advanced...

Banks are also battling a prolonged liquidity crunch which has required some to temporarily pause lending activities and focus on balance sheet stability.In its May report released this week, the Financial Stability Council (FSC) said annual growth...

January 2005 was a history-making month for Letshego Africa. The then seven-year old microlender officially established a presence outside Botswana for the first time, marking a bold and pioneering move for a local company, as its peers were and...

The outbreak of the viral cloven-hoofed animal disease has led to restrictions on livestock movement and slaughter in southern districts, as authorities battle to stamp it out.Statistics Botswana figures show that meat prices in May were 10.5 percent...

In a recent research report, Emmanuel Kwapong, Economist Africa at Standard Chartered, said the Middle East conflict was likely to worsen the country’s existing macroeconomic challenges, which largely emanate from the prolonged weakness in...