During the reporting period, the group's total income grew by 14% to P1.3 billion, reflecting growth across the bank’s core business segments, although business banking performance remained comparatively subdued.Presenting the bank's...
The authority said its conditions are intended to safeguard employment, protect independent dealer and franchise arrangements, and promote citizen economic empowerment.As part of the conditions attached to the approval, Ajantha, which holds a 75%...
Speaking at Stanbic Bank’s Thought Leadership Session on Competitiveness in a Challenging Economic Environment, Joel Ramaphoi said the procurement-led growth model that has characterised Botswana’s economy for decades had reached its natural...
As the country’s largest beneficiary fund, the AFBF supports beneficiaries, particularly children and vulnerable dependants, following the death of a fund member. Hence its officials have called for greater national awareness on beneficiary...
The partnership, formalised through a Memorandum of Understanding (MoU) signed on Tuesday, brings together MCM’s supply chain and industrial ecosystem with CEDA’s mandate to develop, capacitate, and finance citizen entrepreneurs.For MCM, the...
One such endeavour is new administration’s Agricultural Financing Strategy which seeks to shift focus from fragmented, subsidy-dependent interventions towards a market-driven system designed to attract private investment. The initiative was...
As a result, Minister of Lands and Agriculture, Dr Edwin Dikoloti has urged practitioners to participate meaningfully in consultations on the proposed amendments and understand the importance of the reforms. “This is important because the integrity...
The development was announced recently during a stakeholder engagement on the implementation of the Infant Industry Protection measure in support of industrial development in the country.Speaking during the engagement, the Minister of Trade and...
Under the agreement, which was formalised through a Memorandum of Agreement (MOA), working capital and supply chain financing challenges will be addressed while strengthening supplier development, investment readiness and market access for local...
Although revenue declined from P485 million recorded in 2024, BoFiNet CEO Dr Geoffrey Seleka said the organisation remained profitable without government subvention for the fifth consecutive year, highlighting its financial resilience and commercial...
The public offer, which opened on August 5, is expected to pave the way for Continental Reinsurance Holdings to become the first reinsurer listed on the BSE, representing a significant milestone for the company and Botswana’s capital markets.The...
The call was made by Bank of Botswana (BoB) deputy governor, Dr Kealeboga Masalila, last week, adding that the need for economic diversification had “never been more pressing”. Speaking at a Botswana Institute of Chartered Accountants (BICA...
Speaking during the Nigeria Trade Mission to Botswana, Botswana Investment and Trade Centre (BITC) Export Promotion Manager Calvin Ketshabetswe said trade between the two countries remained small but diversified, with significant potential for growth...
Minister of Lands and Agriculture, Edwin Dikoloti, revealed the unavailability of land remains the most significant challenge in meeting the growing demand for residential plots."The critical factor remains the availability of land. Our experience...
The completion clears a critical hurdle for the implementation of the US$16 billion (about P220 billion) cross-border infrastructure project. It also marks the end of years of technical planning and ushers the project into its implementation phase,...