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According to BERA, the decision follows performance monitoring which revealed that only a limited number of licensed companies are actively importing petroleum products, despite the large number of licences issued since the authority commenced...

In the Friday announcement, the Ministry of Trade and Entrepreneurship said the US has cut the diamond rich country’s approved export rate to the American market from 37% to 15%, effective August 7, 2025, under a revised reciprocal tariff...

In a statement, the union condemned the situation as a deep injustice that has driven many mine workers and their families into severe financial distress.The BMWU said the prolonged non-payment of wages represents not only a breach of contract but...

According to officials, this year’s event will broaden its focus to include agro-processing as a key driver of agricultural value addition, youth empowerment and job creation. It will be held under the theme, ‘Shaping the Future of Botswana’s...

Equally, a concept paper is currently being developed, and the selection of an appropriate operational model is expected by the end of the financial year, Parliament was told last week. The Minister of Transport and Public Infrastructure, Noah...

Tony Elumelu, an economist, entrepreneur, and philanthropist, has been confirmed as one of the headline investors attending the 2025 edition of the Expo, scheduled for October 8 to 11, 2025. The Nigerian investor is also popularly known for his Tony...

In the lead-up to the event, the Botswana Investment and Trade Centre (BITC) has launched a call for projects, encouraging locals to submit their business ideas and investment pitches.On Tuesday, BITC Executive Director, Export Development and...

Under previous advisories from the Trump administration, August 1, 2025 is the last deadline for Botswana and all other countries around the world to have reached a trade agreement or face the US’ own estimated levies.President Donald Trump’s...

The aggrieved party in the cancelled process, Ithuba Botswana, is also reserving its legal rights in the matter, having invested heavily over the years up until the final stretch when the matter collapsed.The uncertainty comes after the Ministry of...

Last week, during the official launch of the BETP, the government opened a four-week Call for Ideas inviting citizens to submit project and policy proposals that can drive inclusive and sustainable economic growth. The initiative is open to the...

The South African hospitality giant had planned to acquire Peermont Holdings, the majority owner of Grand Palm Hotel and Gaborone International Convention Centre (GICC), in a deal initially valued at R7.3 billion before deductions.Peermont Holdings...

Mmegi is informed that the decision to shelve the project, which was nearing its final stages, follows serious allegations of fronting, contractual irregularities, and discomfort from the new administration with the terms surrounding the awarded...

The exit follows an extensive restructuring process and the implementation of a strengthened governance framework, aimed at enhancing the company’s long-term sustainability and accountability.A key component of the recovery has been a substantial...

What the local serial entrepreneur dreamt of one night in 2023 became a reality that led her to starting a chilli sauce business. She is steadily building a household name with her product which has been well received in the market. What started as a...

According to the bank’s 2024 annual report, PBT or profitability before the deduction of income tax expenses, stood at P950 million, representing a 43.7% increase from P661 million reported in 2023. It attributed the strong financial performance to...