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A recent country report from the International Monetary Fund (IMF) forecasts that Botswana’s economy will face a growth deceleration this year, growing by only one percent compared to a previous estimate of 3.6 percent. This is mainly due to...

The question is, can a graduate who couldn’t find a job during COVID-19 in 2020 and still can’t find a decent job in 2024, say the economy is not in a recession? Certainly not, in fact for them the economy is still recessionary.Experts can talk...

According to figures released recently by the Bank of Botswana, meat exports which primarily comprise beef, soared to P173.6 million in the first quarter of 2024, the highest quarterly outcome since 2019.Beef sector insiders told BusinessWeek that...

Metshelo are traditional savings schemes in which members contribute funds on a monthly basis and share the returns in cash or kind on an agreed date. Being unofficial, however, many such cooperatives have fallen through the cracks in commercial bank...

Mmegi: The recent world competitiveness rankings revealed the strengths and weaknesses of Botswana across an array of economic factors. Which areas do you think are worth harnessing in order to increase the competitive advantage of...

The DPF is a defined contribution pension fund established in 1984 as a trust through a joint initiative between Debswana, Anglo American Corporation Botswana, and De Beers Prospecting Botswana with key investments in property, equity, bonds and...

The Mercer 2024 Cost of Living Index ranked Gaborone number 215 in the list, suggesting the capital is amongst the cheapest in the world. The index is based on the dollar's cost of a basket of goods and services which include food, transport, and...

Speaking during the high-level dialogue on mineral resource governance in Africa conference in Gaborone this week, Masisi expressed his stern worries over how the blessing of mineral endowments has turned into political malediction for many African...

During the recently ended Future of Mining summit, one common thread ran across the speeches of executives: the fear of synthetics. If synthetics aren’t all that, then why is everyone talking about them? Speaking economically, diamonds economically...

Botswana was ranked 55th out of 67 countries assessed, rising from the previous year’s position of 59. Botswana emerged above African titans such as South Africa, Nigeria and Ghana.Though similar to the World Economic Forum’s (WEF) more...

According to the apex bank, at its sitting the BoB’s Monetary Policy Committee (MPC) decided to reduce the Monetary Policy Rate (MPR) by 25 basis points to 2.15%. The move means that borrowers on variable rate loans such as personal and credit card...

This was revealed by representatives of various companies who gathered for the recently ended Future of Mining Summit. Going forward, many mining companies are now setting their eyes on international shores to expand their nets and get more customers...

At the Future of Mining Summit this week, Minister of Minerals and Energy Lefoko Moagi said that the de-merger decision by Anglo has excited the government, which will tussle to protect its shareholding and up its stake in De Beers.“It’s about...

The Canadian firm executives revealed in a statement recently that the capital raise was conducted through a private financial instrument where current investors are offered shares at a fixed rate. The above market expectation performance signals...

While diamonds remain the leading contributor to the country’s Gross Domestic Product (GDP), the future of Botswana’s mining industry is clouded with uncertainty. Particularly concerning is the projected closure of many diamond mines by 2050,...