Whilst there has been public outcry over government’s decision to review the Top Achievers sponsorship programme — potentially halting opportunities for students to study abroad — the real monkey on its back is the millions of pula in unpaid...
The local economy contracted by three percent last year, with the diamond downturn squeezing government revenues and triggering structural liquidity in the financial sector, a situation that has seen banks increasing their lending rates.However,...
In political theorem, the deep state refers to a sect of unelected officials that run the government and dictate policy behind the scenes. In this case, the deep state refers to the entrenched, unelected machinery of government that continues to...
The rationale behind the move, according to government, is to abandon broad-based planning in favour of target-driven national development.President Duma Boko made the announcement at a high-level meeting of state-owned enterprise heads held this...
The programme aims to fast‑track 31 locally-owned small, micro, and medium enterprises (SMME).Anchored by MIT’s Kuo Sharper Innovation Centre, the initiative began with a three‑day bootcamp at BDIH’s headquarters, signalling Botswana’s...
The Botswana Stock Exchange-listed company reported a 30% surge in PBT from P200 million in the previous year to P259 million, underscoring improved operational efficiency despite pressure on margins. BTCL’s total revenue for its audited results...
Whilst government had previously been confident about increasing its stake, it has now retracted to silence leaving room for speculation for market watchers.Recently, during the future of mining summit held in Gaborone, the Minister of Minerals and...
The bank's loans-to-deposit ratio stood above 100%, indicating that the bank had maxed out its deposit on lending and now had to turn to external sources for funding of other loans. Whilst the bank demonstrated robust growth in its loan book and...
The deal was confirmed by the Competition and Consumer Authority (CCA), which approved the transaction with conditions aimed at protecting jobs and maintaining market competition. NTS Holdings, a locally incorporated company, has since 2009 held a...
There is a Maasai proverb that says, “Don’t let the belly make you useless.”Given the current economic crunch, one might wonder if Botswana grew drowsy from a prolonged diamond feast. For years, the country enjoyed consistent economic growth...
This week, Minerals and Energy Minister Bogolo Kenewendoa said efforts are ongoing to find solutions for Minergy, whose Masama Coal Mine in Medie is the country’s second colliery after Morupule Coal Mine.Government recently converted its...
The agreement comes as a lifeline for the country’s struggling meat industry and marks a rare win for the sector that has faced years of financial instability and declining output. The deal, confirmed by Minister of International Relations Dr....
The move forms part of Beijing’s broader effort to strengthen economic ties with Africa and increase the continent’s share of exports to China.The zero-tariff arrangement will allow a wide range of goods originating from Botswana and other...
Despite their persistent efforts to curb the influence of inDrive, a leading mobile taxi platform, two additional major players have recently launched operations, further sidelining traditional taxi operators and deepening industry woes.Over the last...
The move comes as the global diamond industry faces mounting regulatory pressure—particularly from G7 countries—to provide verifiable proof of origin amidst ongoing sanctions on Russian diamonds and growing scrutiny of supply chains. ODC’s...