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Both BBS Bank and SCBB have dismissed the reports, describing them as “market speculation” and “rumours”. However, BusinessWeek is informed that BBS Bank has approached the Botswana Public Officers Pension Fund (BPOPF) for funding to support...

The negative global perceptions of Africa are not harmless or something to brush off or live with. They have a real cost to the continent; about $75 billion annually in disproportionately high interest rates on loans Africa seeks from the world....

“We have become democracies, particularly in the Global South, we have shared the message that we need to have rule of law, we need to embrace values, we need to have good governance. “But in recent times, we have seen how those who are trying to...

The B20 serves as the official G20 dialogue forum with the global business community, bringing together business leaders from G20 member countries and beyond. Each year, the B20 provides a platform for companies and business organisations to...

The central bank’s preliminary figures show that the budget was in deficit in three out of the four quarters of the financial year, sinking to a negative P6.2 billion in the second quarter and rising a surplus of P1.9 billion in the last three...

Cas Coovadia, CEO of Business Unity South Africa and B20 Sherpa, was speaking at the launch of the South African Business Initiative for Impact, a side-event of the B20 which started here today. The B20 serves as the official G20 dialogue forum with...

Imagine your typical homestead any rural area. In front of the main entrance, without trying too hard, you can tell who the homeowners’ favourite neighbours are, by observing the most used dirt track. There may be some other tracks where grass has...

A few years ago, reports emerged of increasing commercial and related activities along the river systems that feed the Okavango Delta, an alarming trend that threatened the World Heritage Site and its economy.Angola is the water tower of SADC, with...

The Namibian Sun on Tuesday reported unnamed government sources as saying the Cabinet in that country had approved a push for between 10 and 15% equity in De Beers. Anglo American, which has been an investor in De Beers for more than 90 years, is...

The central bank, government’s agent in the local capital market, has generally missed its fundraising targets at each of the monthly auctions of government-backed treasury bills and bonds since July last year.The auctions have been hit by...

The numbers confirm the wild take-off of online sports betting since the licencing of several operators by the Gambling Authority earlier this year. The numbers equally confirm the revenue windfall available to gambling companies that have identified...

All signs are that the country will enjoy bountiful rains this year, good news to the more than 90% of farmers in the country who depend on the benevolence of the skies for their livelihoods.However, at the Pandamatenga commercial farms, the hub of...

Figures shared by the Bank of Botswana indicate that annual credit growth, or the increase in the total amount of loans and given out by banks, was measured at four percent in January, rising to 10.3% in June before moderating to 7.3% in August. By...

The two countries, which are the continent’s leading producers of diamonds, recently announced that they are both seeking majority stakes in De Beers, the diamond giant in which Anglo American is selling its 85% stake.However, following a meeting...

The BDC is amongst a handful of local parastatals which subscribe to global credit ratings agencies.In its latest update, Moody’s said the change to a negative outlook primarily reflects the government’s weakening capacity to support the BDC...