Author

Lewanika Timothy
  • Finding the Prince of Mines

    The place from which Botswana would draw so much of her wealth had a single borehole when the prospectors arrived. Around Jwana Hill, in the shallow, grass-covered Naledi Valley, a rural community kept its cattle and went about its life. The men...

  • Gaborone homeowners push borrowing limits

    The Bank of Botswana’s latest Household Indebtedness Survey shows that the local property market average loan-to-value ratio rose from 86.2% in the previous survey to 93.7%. The increase comes against signs of a softening residential property...

  • Debswana pays P2.3bn on staff exits

    The latest update places the departures close to the company’s target of 1,300 employees, as it pursues broader cost cutting measures to align its operations with weaker market conditions. Officials said another 181 departures would bring the...

  • IMF optimistic on Botswana rebound, but warns of price pains

    The October World Economic Outlook (WEO) forecasts Botswana’s economy to recover from last year’s 0.7 percent contraction, that was mainly driven by a slowdown in the diamond mining sector. In April, researchers had projected a stronger expansion...

  • Mending ties: De Beers, Botswana hold hands again

    A few years ago, Botswana used gruesome words to describe De Beers, the type of words partners don’t say to each other even in the heat of the moment. At the time, it seemed like the relationship between De Beers and the government had soured...

  • Banks lean on digital fees as loans underperform

    The shift helped lift the banking industry’s total income in 2025, although it did not prevent annual profits from falling. Banks increasingly relied on fee payments, commissions, and currency transactions to offset pressure on their traditional...

  • Booze numbers dwindle

    Kgalagadi Breweries Limited (KBL) sold nearly a 20% less alcohol in the six months to June 2026 than it did a year earlier, according to financial results released by its shareholder, Sechaba Brewery Holdings Limited.For an industry often regarded as...

  • Letshego settles BPOPF loan

    The repayment closes a funding arrangement designed to give the microlender breathing room whilst management worked on long-term solutions to strengthen the homegrown microlender's books. The settlement, however, comes alongside a fresh appeal to...

  • Fuel distributors profits rebound

    The improvement comes against the backdrop of a turbulent year for oil markets, with the Iran war pushing up international costs. However, as half-year results trickle in on the bourse, it is clear that distributors are seeing stronger earnings due...

  • Banks “watchlist” loans reach P5bn

    The loans have not necessarily fallen into default, but lenders have identified weaknesses that could undermine repayment if left unresolved. Their growth points to mounting financial pressure on borrowers as job losses, business closures and a...

  • Deficit narrows sharply as economy finds its footing

    A preliminary outlook prepared by the Ministry in September now estimates the deficit at P9.3 billion, equivalent to 3.1 percent of gross domestic product (GDP), compared with the P26.4 billion, or 8.9 percent of GDP, forecast in February.The P17.09...

  • Schweppes lines up Phikwe Citrus supply deal

    The planned supply relationship could connect Selebi-Phikwe Citrus’ expanding orchards with Schweppes’ proposed agro-processing operation, creating a local value chain stretching from commercial fruit production to beverage...

  • Pension funds cash pile worries regulators

    Both the Bank of Botswana (BoB), which regulates commercial banks, and the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), which oversees retirement funds, believe more pension capital should move beyond bank deposits into longer-term...

  • Cost cuts trim Cresta’s losses

    In a cautionary statement on the Botswana Stock Exchange (BSE), the hotel group said it anticipates to record a loss before tax of between P8.8 million and P9.7 million for the six months ended June 2026. The forecast compares with a P11.1 million...

  • Inside why Batswana are putting marriage on hold

    Today, that order is changing. Batswana are still falling in love, living together and having children, but many are marrying much later, while others are not marrying at all.Statistics Botswana's latest figures show that just 4,517 marriages...

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