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Late in June, in response to complaints by the hospitality industry, the government instituted new arrangements to the per diem policy, specifically requiring civil servants to use up to P900 of the allowance for accommodation at licensed...

A statement from the two organisations says the partnership was formalised recently through the signing of a Memorandum of Agreement and brings together the respective Citizen Economic Empowerment and Enterprise Supplier Development commitments of...

The World Bank and its Bretton Woods fellow, the International Monetary Fund (IMF) have a less than stellar history when it comes to giving governments in Africa advice about structural reforms in their economies.In fact, many Africans, including...

The World Bank had originally forecast growth of 2.3 percent in January when it launched its Global Economic Prospects report. That estimate was revised to 2.7 percent at the launch of the Africa Economic Update in April.Recently, when launching a...

The arrangement with Soft Landings Concierge allows the citizen-led business to manage the airline’s refurbished Pula Lounge at Sir Seretse Khama International Airport, providing high-class services and experience for international travellers.The...

A few years ago, the banking sector backed away from most parts of the mining industry, after yet another commodity slump led to the non-performance of loans and pushed a major bank into the red.Mining in the country is a boom and bust affair, with...

Just over two years ago, a young Motswana, Wayde Gabotlale, posted his first video on the popular social media platform, TikTok. Today, he has 112,300 followers, 5.7 million likes and his top video had two million views. Gabotlale, who goes by the...

In a statement last week, the central bank said the amendments came into effect on April 2 and were introduced in response to developments in EPS and Money or Value Transfer Services (MVTS) sector, as well as broader changes within the national...

Chobe Holdings group managing director, Lempheditse ‘MC’ Odumetse, told Monitor Business the initiative was part of efforts to feed the nation and create employment, in line with the national priorities set by government.“This is our first...

The US is the biggest market for natural diamonds accounting for more than 50% of demand. Mmegi is informed that the US will not put tariffs on Botswana and Namibia, while Angola and South Africa will be tariffed at 12.5 percent.As of 24 July 2026,...

The US is the biggest market for natural diamonds accounting for more than 50% of demand. Mmegi is informed that the US will not put tariffs on Botswana and Namibia, while Angola and South Africa will be tariffed at 12.5 percent.As of 24 July 2026,...

Inflation for June was measured at 10.7%, unchanged from May representing the highest level since December 2022, when Russia’s invasion of Ukraine earlier that year triggered a global spiral of food and fuel prices.The trend this year is linked to...

Sources close to the transaction told BusinessWeek that Anglo American’s selection of the Global Diamond Consortium as preferred bidder did not mean talks with other parties were closed off. BusinessWeek has established that the consortium is led...

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...