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The Visa Africa Fintech Accelerator offers Africa-focused start-ups mentorship, tailored training, networking, and access to funding and resources, helping them advance in the fintech sector, officials said.They said the initiative is part of...

Inflation is likely to overshoot the 2.7% average originally projected by the Bank of Botswana (BoB) for this year. This is largely due to the July 11 changes to the Pula exchange framework which made access to the official foreign exchange reserves...

Speaking exclusively to Mmegi this week after engagements with Boko as well as Minerals and Energy minister, Bogolo Kenewendo, Cook said all hands were on deck towards resuscitating demand for diamonds.“I am very impressed by the way that President...

Through a statutory instrument, government will from August 1 restrict the importation of 50 kilogramme pre-packaged cement, as a way of boosting local production and the associated value chain.The country ‘consumes’ about 650,000 tonnes of...

Changes to the Retirement Fund Act in October 2022 have allowed different classes of pension fund members to encash greater amounts of their savings for loans, mortgages, and medical expenses or receive a cash payout of 50% of savings, rather than...

Every time President Duma Boko speaks, his strategic direction in terms of the agility and dynamism of the public service is clear. With urgent budget and economic challenges banging on his door, a short few years to accomplish them and the...

The country’s only indigenous bank enjoyed a strong 2024, recording its first ever profit in the first half of last year and ending the full year with pretax profits of P45.3 million, up from a loss of P28.2 million the prior year.Other counters in...

Firms around the country have increased their prices following the downward revision of the pula and an increase in the costs commercial banks pay to access foreign currency from the central bank.Both the BoB and the Competition and Consumer...

Since government adjusted the pula’s rate of crawl downwards and increased banks’ trading margins for foreign currency trade with the Bank of Botswana, several businesses have adjusted their prices by up to 10%.The moves are expected to be...

Typically, stock exchanges are viewed as bellwethers of the economy, as they are essentially a pick of the major firms in different sectors whose performance reflects general trends. The economy contracted by three percent last year due mainly to...

Addressing Parliament this afternoon, Gaolathe said there was clear evidence that commercial banks were maintaining uncompetitive trading margins and engaging in unreasonable pricing practices, despite the market's foreign exchange...

Many times when journalists travel to cities bigger than they are used to, they reflexively use words such as “buzzing” to describe the energy of wherever they are.Indeed, there’s a palpable “buzz’ about Abuja, but what’s more noticeable...

The country’s official foreign reserves, managed by the BoB, fell P18.4 billion between March 2024 and March 2025, triggering concerns about the country’s ability to pay for its imports whilst also fuelling growing anxiety about the value of the...

Whilst the company’s parent group, Letshego Africa Holdings, is a regular participant in the capital market, the upcoming issuance will be the first by Letshego Botswana, the group’s home base and one of its most profitable units.Letshego...

Since government adjusted the Pula’s rate of crawl downwards and increased banks’ trading margins for foreign currency trade with the Bank of Botswana, several businesses have adjusted their prices by up to ten percent.The moves are expected to...