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Figures released by parent company Anglo American on Wednesday indicate that production at Debswana was six percent down in the fourth quarter, but annual output numbers still surpassed 2013. “For the full year, Debswana’s production...

Under the crawling peg policy, the Bank of Botswana (BoB) manages the Pula’s value in a “basket of currencies” assigning weights to each currency. The bank uses the “crawling peg” system or regular precise adjustments,...

Located in the Central Kalahari Game Reserve (CKGR), Ghaghoo Mine is still in the commissioning stage after it was officially opened last September. In a trading update released yesterday, promoters of Botswana’s first underground mine, Gem...

In the 2015 Open Data Barometer (ODB) rankings released this week, Botswana fell 23 places down the rankings from position 55 in 2013 to 78. Open data refers to data that is proactively published, and made available without charge, in readable file...

The December headline inflation fell to 3.8 percent last week, providing scope for further lowering of interest under the central bank accommodative monetary policy stance. However, analysts believe the recent inflation rate fall is primarily pushed...

From high growth rates averaging over eight percent in the past decades that were responsible for the country’s quick rise from a least developed country to an upper middle-income economy, economic growth measured by real GDP has stabilised at...

Figures released by Statistics Botswana yesterday, show that the decline was largely on the back of  fuel price decreases effected in December last year as government reduced petrol and diesel prices in tandem with falling international oil...

According to figures recently released by Statistics Botswana (SB), economic growth measured by real Gross Domestic Product (GDP) went up by 5.4 percent in the third quarter of 2014 compared to 6.9 percent accrued in the same quarter in...

Government retrieved the penalty  from the  project’s initial P433 million   contract  sum in November 2012 as a contract default penalty. This followed the termination of  Sinohydro’s Sir Seretse Khama...

According to figures presented by Statistics Botswana, the economy grew by 5.8 percent and 5.2 percent in the first and second quarter respectively, with analysts forecasting a year-end growth of around 5%. While the IMF and other pundits forecast...

The troubled 15,000-tonnes-per-year copper mine, which cut 85 jobs early this year in a restructuring exercise, will be placed on “care and maintenance” within the next six months. In an interview with Mmegi Business, Discovery Metals...

After a monetary policy committee meeting held yesterday, the BoB’s Head of Communications, Andrew Sesinyi announced that the bank rate would be maintained at 7.5 percent. This means commercial banks will also keep their prime lending rates at...

  The Botswana Stock Exchange (BSE) listed company announced on Monday that it had entered into an agreement with MMI Strategic Investments Proprietary for the disposal of South African stockbroking division, Imara S.P. Reid (ISPR). Registered...

After five years of exemption, most of the 21 diamond cutting and polishing company will from this month   be obliged   to pay 0.2 percent of their turnover to government through the Human Resource Development Council (HRDC) as...

In a statement, Outotec said the two parties involved had made service level agreement for the operation and maintenance for a 36 month period. “The total value of contracts exceeds 17 million Euros(P195million) and the orders has been booked...