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During the reporting period, profits for the listed company jumped from P71 million to P112 million, which was attributed to effective cost reduction measures and the expansion of mobile money services. In a financial statement issued on the Botswana...

Turnstar, listed on the local bourse, has been pumping capital into the Tanzanian and Dubai markets investing in the retail property sector, seeking to make hay whilst it shines on other Eastern African markets.In an exclusive interview with...

CCA's latest annual report showed that the authority received and approved the largest notice of mergers and acquisitions from the real estate sector predominantly from asset managers who have mandates from the BPOPF.“In the period under...

In his maiden State of the Nation Address (SONA) last week speech, President Duma Boko shared his vision of implementing the decade-old song of moving the economy away from dependence on diamonds. “Botswana’s reliance on diamond revenues has been...

According to the entity, whose responsibility is to prevent and redress anti-competitive practices in the economy, it incurred a net loss of P13 million for the year ended March 31, 2024 and as of this date, total liabilities exceeded total assets by...

The World Digital Competitiveness Report (WDCR) is an annual comparison of digitisation efforts across three key factors being Knowledge, Technology, and Future Readiness. The WDRC is carried out by the Swiss-based Institute for Management...

The execution of Botswana’s economic roadmap has been forged through following National Development Plans (NDP) which have been designed to reflect the policy choices and developmental goals of different national leaders. The sixth administration...

The diversified property developer’s assets were bolstered by developments around existing properties as well as acquisitions.According to the company’s full-year results to June 2024, FPC's reconciliation of investment property, a figure...

According to data from the Bank of Botswana Economic Financial Statistics, the value of diamonds sold by Debswana fell from P9.8 billion in Q2 of 2024 to P3.3 billion in Q3, a 66% quarter-on-quarter drop. Rough diamond sales refer to the value of...

Credit ratios represent the ability of consumers to repay their debts to companies and a decline in credit ratios represents a decline in the ability of customers to repay hire purchase instalments to retailers such as Furnmart.The group’s recently...

For many eons, the Botswana Democratic Party (BDP) was a kitchen master that served a pot of tenders and government appointments to those loyal and faithful to its ideals and leaders. Shoeshine boys and girls benefited from a system of cronyism where...

For the period from September 2023 to August 2024, Botswana’s trade deficit has been negative, reflecting an unfavourable trading condition for the landlocked country. “Since September 2023, Botswana has consistently recorded a trade deficit. In...

'Gen Zs', a generation born between 1995 and 2012, are known for their radical approach to matters, a group that speaks truth to power and in the 2024 Botswana polls, they took centre stage, rallying the nation through a series of online...

The index, which gauges the performance of financial markets across 29 countries, ranked Botswana sixth in Africa, a run up from the seventh position held last year.According to the AFMI report, African financial markets have been resilient to...

Despite having low debt levels compared to most African countries, Sanlam economists believe Botswana’s overreliance on diamonds reveals an urgent need for a wider tax base. Sanlam economist, Patrick Buthelezi, told BusinessWeek during a Business...