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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...

Lesedi remains Tlou’s flagship initiative, aiming for its first power generation by mid-2025. Officials highlight its pivotal role in Botswana’s gas-to-power sector, driving forward the proposed 10MW gas-to-power project. Tlou signed a Power...

Competition and Consumer Authority (CCA) has acknowledged receipt of the merger bid, noting that upon the implementation of the proposed transaction, Abovax will have a controlling stake in MRI Botswana.Currently, MRI is owned by Botswana Medical Aid...

Whilst Botswana ranks fifth lowest amongst 19 regions in terms of suspected digital fraud rates, specific industries, especially gaming, have faced heightened risks.According to TransUnion’s State of Omnichannel Fraud Report of 2024, the gaming...

The summit is an exclusive gathering of private investors, family-owned businesses, and wealth owners from Africa, the Gulf region, and India. It is a two-day event focused on education, peer-to-peer insights, investment opportunities, and high-level...

In August, Caner met with President Mokgweetsi Masisi, Minerals and Energy minister Lefoko Moagi, and other senior government officials, reportedly to finalise the Tati deal.Caner’s wholly owned investment group, NIU Invest, successfully submitted...

The plant’s focus on retrofitting locally-owned vehicles into eco-friendly alternatives is not only revolutionising the automotive industry but also empowering Botswana to embrace the green revolution on its own terms. On Wednesday, BITRI...

BVI CEO Andrew Madeswi shared the institute’s ambitious plans in an interview with BusinessWeek, revealing that the study has shown the potential for producing human drugs and vaccines locally."We have completed the feasibility study about...