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Minerals and Energy minister, Bogolo Kenewendo and Zambian Minister of Energy Makozo Chikote, met last week on the sidelines of SADC Sustainable Energy Week in Gaborone to chew the way forward for the implementation of the ambitious infrastructure...

The diamond mining giant last year launched a probe after identifying suspicious fronting incidents, with initial findings confirming three cases. After recognising the severity of the issue, it engaged a consultant to conduct a comprehensive review...

The postal parastatal’s main income lines are mail/postal, courier services, warehousing and agency, the latter being the biggest contributor which involves service agreements for use of BotswanaPost’s vast network.BotswanaPost suffered pre-tax...

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...

Speaking during the Access Bank Botswana 2025–2026 budget review last week, Kgori Capital economist, Kitso Mokhurutshe, said the fiscus must be brought to balance without delay, as continued deficits pose a significant risk to economic...

Mmegi: What are your initial impressions from the 2025-2026 budget speech?WANG: This is the maiden speech of the new government, and there was a lot of anticipation from the public. It is a difficult budget because people always want more than you...

Delivering the 2025-26 budget speech yesterday, Finance Minister Ndaba Gaolathe announced an increase in the old age pension, commonly known as Tandabala, from P830 to P1,400 per month, effective April 1, 2025. The adjustment aims to help senior...

In a move that underscores its long-term commitment to the tourism sector, the group recently secured a 15-year lease renewal for the renowned Xugana Island Lodge from the Tawana Land Board. Additionally, discussions are at an advanced stage to...

Officials said the collaboration will provide critical data to businesses, policymakers, and stakeholders, and in the process ensure that economic decisions are backed by solid evidence and contributing to the country’s overall growth. “This...

United Chem, the brains behind local washing powder brand CHAM, shipped their product valued at P2.5 million to the lucrative regional market. The milestone, according to investment promotion agencies, does not only signal the growing demand for the...

The profits mark a seven percent increase from the P204.8 million recorded over the same period last year.According to results released this week, Botswana contributed the most at 67%, followed by Namibia at 27%, Lesotho at five percent, and Zambia...

Under the Trade Act 2003 and regulations issued in 2008, licences for petrol filling stations are reserved for citizens and wholly citizen-owned companies.However, fronting which involves foreigners working with citizens intermediaries to give the...

The deal, signed in August 2022, has been a game-changer for the state-owned enterprise, contributing significantly to its record revenue of P2.6 billion in the 2022–2023 financial year, an increase from the P570 million achieved in the previous...

According to the parastatal’s latest financial results, it recorded a significant drop in profits after tax, down by P19 million to P10 million during the six months. The decline marked a stark decrease from the P29 million recorded during the same...

This growth, as highlighted in the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) 2023–2024 annual report, was primarily driven by improved investment returns influenced by robust equity markets and offshore investments.The report...