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The African Development Bank (AfDB) has offered government a $1 billion (P13.7bn) loan facility, with about $304 million available this year, aimed at enhancing fiscal performance and boosting private sector participation.The loan offer, under the...

The increase was attributed to the improved net interest income, higher fee and commission income, and disciplined cost management. The bank’s CEO, Keabetswe Pheko-Moshagane, said the growth was primarily driven by improved net interest income,...

According to RDC, the decision from the BSE’s regulatory committee is now expected in April 2025. This follows an earlier indication that the outcome would be delivered in March 2025."The company remains confident in its full compliance with all...

This week, the Vice President and Minister of Finance, Ndaba Gaolathe emphasised that the audits are not merely symbolic gestures.“These are forensic audits, reflecting government’s unwavering commitment to transparency, accountability and value...

According to available public records, SPC is 75.58% owned by Zapemm B.V., with the balance held by local business tycoon, Ramachandran Ottapathu.The deal is set to provide a powerful boost to SPC’s ambitions of expanding its operations and...

The competition watchdog recently blocked NAP from finalising the P20 million deal saying the transaction raised 'competition issues' as NAP already has a robust retail presence in Maun. The CCA ruled that the proposed transaction is likely...

The transaction, confirmed this week, forms part of Choppies Group’s ongoing strategy to streamline its operations and focus on more profitable regions. Choppies first entered the Zimbabwean market in 2013 by acquiring 10 Spar outlets from Modi’s...

The annual national demand for milk currently stands at 65 million litres.In the 2023–2024 financial year, domestic milk production reached just 7.9 million litres, whilst imports amounted to 48.3 million litres, satisfying nearly 75% of annual...

By 5:30am, our group of twelve had gathered at the hotel reception at Premier Hotel Cutty Shark Scottburgh, buzzing with excitement as we prepared for shark cage diving 15 minutes’ drive from the hotel, a challenge that promised both thrill and an...

Buoyed by the opening of the selling and buying centre, Letsema Horticultural Market (LHM) in September last year, the sector has seen growing participation, improved produce quality as well as increased public interest. LHM General Manager, Ratsela...

With a background in aviation, Mphato took a leap of faith in 2008 and ventured into a then-nascent industry. Determined to equip herself with the necessary skills, she enrolled in a travel agency school in Canada, where she balanced work and...

The corporation remains optimistic despite past financial challenges, as revamped businesses within its portfolio have begun making positive contributions to revenue through increased sales activity.According to BDC Head of Corporate Affairs,...

The diamond rich nation has solar energy potential of over 3, 200 hours of sunshine per year and an average insolation of 21 megajoules per square metre. As a result, the Ministry of Minerals and Energy is finalising a market study to identify...

The national airline is strengthening its presence in the regional tourism and aviation sector by enhancing strategic collaborations.As part of the initiative, Air Botswana and KZN tourism authorities recently hosted local travel and tour agents on a...

Since its inauguration in December, the route has recorded nearly 2,000 passengers as at the end of February, indicating strong demand.According to Air Botswana’s Sales and Marketing Manager, Mogolo Mokgosi, the airline is pleased with the numbers,...