Author

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...

The growth was largely attributed to a robust expansion in the asset base and a significant P24.4 million contribution from BSB Insurance Services to the Group’s overall performance.According to group executives, a recalibrated sales strategy...

The move comes as more than 38% of PrimeTime unitholders had already provided irrevocable undertakings to reject the offer, signalling strong investor resistance to the proposed transaction. RDC, the Botswana Stock Exchange-listed diversified...

The company’s 2024 annual report showed that it recorded revenue of P384.7 million for the year under review, reflecting a year-on-year decline of P15.5 million or four percent compared to 2023. It blamed the decline to reduced occupancies in the...

The pan-African financial services provider, headquartered and listed in Botswana, has achieved a significant reduction in non-performing loans (NPL) and improved collections across its loan book. As of December 2024, the Group’s NPL ratio dropped...

The country has dropped to 59th position out of the 69 economic surveyed in 2025, falling from the 55th place out of the 67 countries in 2024.The IMD report revealed that Botswana’s overall competitiveness score declined to 46.12 in 2025, compared...

According to officials, the agricultural sub sector currently produces 112,000 tonnes of horticultural produce annually, signaling substantial progress towards self-sufficiency. However, challenges such as stagnant cultivated land, slow irrigation...

The latest developments come after a tense 2024 in which RDC launched a hostile takeover bid for PrimeTime, sparking complaints to the BSE which instituted a probe into the matter last October. A hostile takeover, a rarity in the local market, occurs...

The move is part of LLR's ongoing strategy to diversify and strengthen its property portfolio across Botswana.This week, the company, which is listed on the Botswana Stock Exchange (BSE), released a statement informing its unitholders and...

According to the Auditor General’s report for the year ended March 31, 2022, the BTO has not submitted its annual financial statements and management letters for the financial years 2018/2019, 2019/2020, 2020/2021, and 2021/2022. This long-standing...

Speaking at the Botswana Bureau of Standards’ (BOBS) ISO/IEC accreditation handing over ceremony last week, Trade and Entrepreneurship minister, Tiroeoane Ntsima, also reaffirmed the country’s commitment to building a globally competitive...

Officials said the facility, which is dedicated to assembling electric SUVs and buses, was completed in April and has already produced 68 vehicles. Accounting Officer, Kgakgamatso Ketshabang, told the Committee last week the plant has assembled 35...