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“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...

Known as Ikaegeng XTL, the ambitious multi-billion-pula project has been in the works for more than a decade, which is seen as a transformational step towards fuel self-sufficiency. A previous attempt by government to self-finance the project was...

Generally, upward movements in the foreign reserves are influenced by greater inflows such as diamond earnings, policy changes as well as the onboarding of hard currency denominated debt.Preliminary data shared by the Bank of Botswana (BoB) indicates...

Botswana Mineworkers Union (BMWU) president, Joseph Tsimako, is a relieved man. In February 2025 on behalf of its frustrated members at Mupane Gold Mine, the Union initiated liquidation proceedings at the country’s sole gold mine and after a...

According to Kgori Capital trend analysis, yields generally fell across the two Treasury Bills and three bonds offered at the May 26 action. The government notes settled at yields as much as 105 basis points lower than the prior auction.At the...

S&P is due to unveil a ratings decision on the country in September, following a historic downgrade in March, which landed Botswana just one notch above junk status. Junk status is the level at which sovereign debt is considered speculative by...

In a recent notice to shareholders, the group said it would seek their approval on June 19 to advance with the sale to Axian Digital Venture Holding and Management Limited.The assets in the deal are Letshego Ghana Savings and Loans PLC, Letshego...