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Since legislative changes that saw the parastatal being awarded a 90% import monopoly of petroleum products into the country, its financial performance has been on the upswing, with management expecting to declare growing dividends for the third...

The study comes as the country’s retail fuel sector faces growing concerns of overcapacity, with instances where some filling stations receive licences and open a few metres away from each other.Statistics Botswana data on transport and...

After two consecutive years of economic contraction, researchers at the Bank of Botswana (BoB) are warning that labour market conditions have likely deteriorated further, with the modest employment gains recorded in early 2024 expected to have been...

While the country has historically maintained a largely principles-driven foreign policy anchored in non-interference and multilateralism, discussions this week at a foreign policy pitso suggest government increasingly sees diplomacy as an economic...

Appearing before the Parliamentary Standing Committee on Statutory Bodies and State Enterprises, BPC CEO, David Kgoboko said the national power utility was facing mounting financial pressure as it continued to sell electricity at prices that do not...

The balance sheet for WUC shows that the corporation is sitting on over P19 billion in liabilities, the bulk of these attributable to a listed bond as well as bad credit that has been sitting on the parastatal’s books. Government alone owes the...

In a cautionary announcement published on the Botswana Stock Exchange this week, the safari and hospitality group said its profit before tax is expected to increase by between 17% and 27% compared to the previous financial year.The projected jump...

The residential segment, which has seen growing valuations and rentals in the past years, particularly in the greater Gaborone area, is expected to experience a decline in pricing as developers may struggle to get affordable loans to buy or develop...

Last year, Air Botswana welcomed the Embraer E175, in what the then-management labelled as a push for regional expansion with the opening of new routes such as Gaborone-Cape Town. Now the airline says it will lease out the jet alongside the Embraer...

Long before lab-grown diamonds disrupted the market and long before younger consumers began questioning the relevance of natural stones, Mogae was already fighting a different battle, one that threatened not merely diamond sales, but Botswana’s...

In erstwhile Botswana, citizens knew they had to wait for five years to show dissent against a ruling government’s decision. In the hallways of offices, in public spaces, everyone would vow to show their displeasure after five years.This was the...

Household credit has been sluggish since late last year, with other economic agents like businesses in both the services and manufacturing industries taking fewer loans, whilst some with existing loans continue to default.Economic data released by...

At Monday’s Parliamentary Committee on Statutory Bodies and State-Owned Enterprises, where Air Botswana was the first to appear, it was revealed that for the financial years between December 2021 and December 2025, the airline was supported by the...

Addressing the media this week, Saleshando argued that Batswana deserve full transparency because the audit was commissioned using the taxpayers’ money.“We paid for this audit, and Batswana need to know what their money was used for,”...

The abattoir, which had been scheduled to open in May, is now on hold as veterinary authorities move to contain the spread of the disease across affected zones. Acting Minister of Agriculture, Edwin Dikoloti, addressing Kgotla residents last week,...