The latest report, released this week, highlights a number of challenges weighing on the country's competitiveness. Amongst these is Botswana's continued dependence on diamonds, which leaves the economy highly vulnerable to fluctuations in...
The proposed reforms will repeal the Corruption and Economic Crime Act and create a new institution, the Independent Anti-Corruption Agency.Speaking during the national dialogue on illicit financial flows recently, DCEC representative Lentswe...
Speaking during recent discussions on illicit financial flows, a FIA representative revealed that the agency had received and analysed 850 suspicious transaction reports linked to a range of criminal activities, including fraud, tax crimes,...
One such intervention is the recently launched National Fodder Strategy, which was developed by the Ministry of Lands and Agriculture in partnership with the Food and Agriculture Organisation (FAO), an United Nations agency. Officials said the plan...
The Local Enterprise Authority (LEA) recently concluded nationwide consultations on the proposal after the ministry tasked it to gather views and recommendations from stakeholders within the SMME ecosystem.Speaking during a stakeholder engagement...
The product, launched last week by Hatshe-Lentle Multipurpose Cooperative (HLMC) in partnership with Poso Insure, aims protect farmers and strengthen community resilience while ensuring that local communities continue to benefit from the fruits of...
Hence government interventions fail to help such small enterprises participate and contribute meaningfully to the economy. In a bid to address these shortcomings, Lore Innovator is organising a series of training initiatives aimed at training...
A hearing has been set for August 28.The companies involved are BIC Insurance and Old Mutual Insurance. Together with a previous respondent, Hollard Insurance, which has since reached a settlement with the CCA, the three firms account for...
The conference commenced yesterday, with the official opening taking place today and presided over by Botswana’s Vice President Ndaba Gaolathe.The event has attracted approximately 450 delegates, including representatives from more than 50...
The pair, through their company Sunlux Solar, has been operating as suppliers and installers of solar lighting products for several years, are now transitioning into full-scale manufacturing. On Thursday, they officially broke ground for a P14...
The property investment group said in a statement accompanying the interim results for the period that profits rose by 67% to P31 million from P18.5 million in the corresponding period last year. It noted the significant increase in profitability was...
This was revealed at the Second Metallurgy Hub Consultative Forum held recently in Selebi-Phikwe.Assistant Minister of Trade and Entrepreneurship, Baratiwa Mathoothe, said the country has already moved beyond planning stages and is now entering full...
The tax agency is, therefore, seeking to collect approximately P450 million a year in revenue through the taxation. It follows the announcement that the Remote Service VAT Act will officially come into effect on June 1, 2026, introducing a 14% Value...
The mineral-rich nation is making efforts to reposition herself from a resource-exporting economy to a competitive industrial and manufacturing hub. This strategic shift was reinforced at a recent Second Metallurgy Hub Consultative Forum held in...
This was revealed by Botswana Investment and Trade Centre’s Chief Operations Officer, Anthony Sefako, last week. Speaking at Thursday’s Botswana-South Africa Business Forum, he said the two economies remain deeply interconnected through banking...