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The Time’s list includes leaders, artists, icons, titans, pioneers and innovators from across the globe who are driving change across the world.“It includes nine leaders who are fighting for justice, equality, and democracy, at a moment when the...

Debswana executives have a phrase they often apply to situations similar to the one the industry is facing from the recent announcement of global tariffs by the United States: VUCA.Volatile, Uncertain, Complex and Ambiguous or VUCA perfectly...

Copper mines in the country exported P7 billion worth of the base metal in 2023, up from P4 billion in 2022.Recent Bank of Botswana figures show the extent to which both rising copper prices on the global market and improving local production, have...

Moody’s weekend decision follows a similar assessment by S&P Global Ratings last month. Moody’s and S&P are two of the three main credit ratings agencies whose opinions determine government’s cost of borrowing, as well as the country’s...

Gold prices reached $3,167.84 an ounce on Wednesday, the highest ever for the precious metal. The mineral’s entire ecosystem cheered, with miners, processors, traders, investors and governments hosting the mines, rubbing their hands in anticipation...

The Botswana Power Corporation (BPC) faces a dicey period in the next few weeks as autumn approaches winter, the period in which the country’s demand for electricity peaks.At Morupule B, the country’s main power plant, generation has been a...

Kenewendo is hoping to secure a stable agreement for 200MW at better tariffs, which would add to the improving generation coming out of Morupule B and other diesel and solar production to ease the current crisis by weekend.Speaking in Parliament on...

Figures from the Bank of Botswana made available this week, show that the commercial banks powered to net interest incomes of P7.5 billion last year, from P6.4 billion in 2023, helping the after-tax profits to a 30% year-on-year increase.Non-interest...

Traditionally, the BPOPF participates in government’s domestic debt programme indirectly through the use of intermediaries such as asset managers and their commercial banks. The P55 billion debt programme, which features monthly auctions of...

The Ministry of Finance had expected the economy to contract by 3.1 percent in 2024, while leading credit ratings agency, S&P, recently forecast a negative 3.3 percent performance. The International Monetary Fund, in its last update in November,...

The new power station, should it go ahead, will be required to be built within 18 and 24 months, Minerals and Energy minister, Bogolo Kenewendo, told legislators on Tuesday.“Botswana Power Corporation continues to pursue the Morupule B defects...

The new power station, should it go ahead, will be required to be built within 18 and 24 months, Minerals and Energy minister, Bogolo Kenewendo, told legislators on Tuesday.“Botswana Power Corporation continues to pursue the Morupule B defects...

KBL expects to pay between P1.5 billion and P1.7 billion in various taxes this year, including the costs of placing a biometric imprint or stamp on each unit of alcohol produced. The stamps are part of the BURS’ efforts to check that the correct...

With the collapse of the High-Level Consultative Forum, the country’s private sector has frequently bemoaned the detachment of government from pressing business issues. The Forum, chaired by the presidents of both the country and Business Botswana,...

The central bank’s inaugural inflation-linked bond, carrying a face value of P750 million, attracted seven bids worth only P220 million with demands for yields reaching as much as 10.5%. The BoB did not accept any of the bids.The 21-year...