Author

First National Bank Botswana, the country’s largest bank by all metrics, expects its pretax profits for the full year ended June 2026 to rise by as much as P235 million. The bank reported pretax profits of P1.9 billion in the year ended June...

Botswana remains one of the world’s luminaries in the fight against HIV/AIDS. According to a recently released UNAIDS report, Botswana has not only maintained its position amongst the handful of 95-95-95 states, but emerged as the country where...

Mukuru, established 21 years ago, serves more than 17 million customers and processes over 100 million transactions across Southern, East, and West Africa as well as key global corridors. The group specialises in digital fintech services, which...

Under the government’s domestic note issuance programme, the Bank of Botswana acting as the ministry’s agent in the capital market, auctions Treasury Bills and bonds every month to raise debt funding for the budget.The ministry has increased the...

On August 28, the central bank will offer the three- and six-month Treasury Bills seeking P2.5 billion, as well as three long-term bonds looking for P600 million. In general, the central bank has been using the shorter-maturing TBs to refinance...

Reporting on the company’s second quarter performance, directors said larger, rarer and higher-value goods were showing stronger price performance, supported by constrained supply and resilient demand, while smaller commercial categories were...

Vice President, Ndaba Gaolathe, stresses that prudential guardrails will not be lowered.As Finance Minister, he has a bird’s eye view of the billions of pula in capital held by sectors such as the pension funds and insurers. He also has an eye on...

The AfDB is a long-term financial partner of the government and the private sector, with an active portfolio of P368 million in various sectors. The Abidjan-headquartered bank holds the record for the largest external financing deal ever sealed by...

Bank of Botswana data indicates that the value of swiping transactions between January and March this year was about 29% down from the fourth quarter of 2025. However, the figures for the fourth quarter of any year are traditionally affected by...

Across the country, the abundant rains enjoyed in the last season are providing fuel to a rapidly spreading crisis. Between April and July, wildfires destroyed 336,231.31 hectares, an area comparable to more than twice the size of Gaborone.By...

Under government’s domestic note issuance programme, the BoB floats bonds and treasury bills each month to raise debt for government in the capital market.At the auctions, primary dealers, who are exclusively banks, compete to lend to the...

The team visited the country between October 27 and November 7 and has passed its findings to the BURS, indicating that key revenues running into millions of pula are going uncollected due to non-compliance.According to the IMF team, the country’s...

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...