Permanent Secretary in the Ministry of Trade and Entrepreneurship, Olesitse Masimega, admitted this week that SPEDU has not performed as expected due to the absence of a board and a Chief Executive Officer (CEO)."SPEDU hasn't been able to deliver...
The contract is scheduled to commence at the beginning of July 2025 and will run until 2030 marking a significant long-term investment in the country’s growing copper sector. JCHX will assume operations from Barminco, an Australian contractor that...
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...
Announced on Wednesday, the funding will support the Governance and Economic Resilience Support Programme (GERSP), a one-year general budget support operation for the 2025–2026 fiscal year. The initiative comes at a time when Botswana faces...
Tauyagae Farms, an innovative agricultural company based in Tonota, has emerged as a national leader in sustainable farming through its pioneering work with safflower, a drought-tolerant, climate-resilient oilseed crop.Founded in 2012 by Dikakanyo...
The initiative is supported by an €850,000 grant from the German government, channelled through the GIZ/International Climate Initiative (IKI) Small Grants programme.The funding has enabled smallholder farmers to adopt solar-powered solutions,...
The conference will take place alongside Global Expo Botswana, scheduled for October 8–11, 2025, under the theme: 'Driving economic growth through investment, trade and enterprise development'.Unlike traditional approaches focused solely on...
According to the country’s gambling regulator, six licencees have already commenced operations while one has withdrawn with the remaining three expected to start operating soon. Speaking at the Betxplosion launch on Friday, GA Board chairman,...
The firm pointed to the rising frequency and severity of floods and other natural disasters as a growing concern for insurance operations and for policyholders.In recent months, Botswana has experienced unusually heavy rainfall resulting in...
In a statement released to shareholders and the market on the Botswana Stock Exchange website, the bank reiterated its earlier cautionary announcements, first issued on November 27, 2024, that the potential sale could have a material impact on the...
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...