The revenue service's target for this year amounts to about 76% of the P93.5 billion in revenues government expects to accumulate in 2024-25. The task before the BURS is essentially to collect nearly 80 thebe out of every pula the government...
Presenting before the Parliament’s Committee of Supply recently, the Minister of Agriculture, Fidelis Molao, said the project is nearing completion and will start commissioning by the end of March. “The ongoing construction of Tsabong...
Masama’s new mining contractor, Meropa Resources, a wholly citizen-owned mining contractor, is currently mobilising while mining operations restarted in February this year.Minergy’s operations were temporarily stopped last March after a dispute...
Figures disclosed by Agriculture Minister Fidelis Molao in Parliament this week, reveal that local output constituted approximately 10% of national demand last year, a decline from the previous average of 12%.Despite an improvement in milk...
Responding to a question on impediments in the way for entrepreneurial successes in Botswana, Entrepreneurship minister Karabo Gare admitted that indeed there were hindrances faced by business owners.“I am aware of various impediments in the way of...
Non-interest income has been a star performer for FNBB over the years, as the bank has reaped the dividends of its heavy investment in fintech innovation.In the six months to December 2022, FNBB’s non-interest income grew by five percent to P757.3...
Mmegi: What is the BITC’s focus this year, looking at the continuing stabilisation of the economy from the post-Covid period?Olebile: (We are focusing on) Policy Advocacy and Reforms:We will continue to work closely with government bodies to...
Highly placed sources told BusinessWeek that the deal, the largest in the country’s private sector, is on track to be finalised in the first half of the year, as originally anticipated by the parties involved.On Wednesday, the CCA confirmed the...
Known as the SGR, the strategic grain reserves usually involve government buying crops and taking responsibility for their storage until they are needed to make up for shortfalls in the economy.BAMB’s silo storage capacity is 85,000 metric tonnes...
When presenting the financial results for the period ended October 29, 2023, Sefalana Group Finance Director, Mohamed Osman said this was largely contributed to their Namibian operations. "This business makes a significant contribution to...
The training programme is conducted in collaboration with the International Trade Centre (ITC) under the framework of the Botswana Exporter Development Programme (BEDP) and will feature modules such as “the Opportunity of Intra-African Trade,...
Through its Botswana Export Development Programme (BEDP), which was launched in 2013, the government’s investment arm has provided various interventions to companies to help them reach export readiness.The programme empowers local businesses to be...
Insiders close to the latest developments told BusinessWeek that despite the Gambling Authority (GA) and its preferred bidder, Ithuba Botswana, having completed negotiations almost a year ago, progress towards kick-starting the lottery has been...
Under the move, the G7 wants all global rough diamond production shipped Antwerp for certification that the stones are not of Russian origin, something described by Minerals and Energy minister, Lefoko Moagi, as “market swallowing”.The G7 or...
The victim and a male friend were accompanying the suspect home from a drinking spot. On the way, the suspect allegedly started harassing the victim claiming the two had 'unfinished business'.Initial reports to the police suggest that the...