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Politics, a game played with numbers delivered a curve ball for the BDP this week in a voting fiasco that saw the contested constitutional amendment bill failing to pass. While the constitutional reform was a top priority for the BDP, the Umbrella...

BIHL’s half-year financial results, posted last week, revealed a dip in the group’s operating profit coupled with a sharp decline in accounted earnings which dropped by 39% due to “underperformance of Letshego Africa Holdings as impairments...

Arkwright is a global leading strategy and management firm.The bullish local mobile money market, as of March 2024, had a total of 1.1 million subscribers, placing the country ahead of its regional counterparts and signifying the strong penetration...

A recent Bank of Botswana (BoB) survey on household indebtedness found that by December 2023, lending to households had experienced mild growth despite the central bank’s efforts to spur borrowing by maintaining interest rates throughout most of...

The Botswana Stock Exchange-listed company posted after tax profits of P17.8 million for the half year ended June 2024.It had posted a year end loss of P149 million last year, with financials harmed by investments in markets such as Nigeria and...

Should it acquire the licence, BotswanaPost would shake up the industry, as it would be only the country’s second indigenous bank while carrying one of the most powerful and enduring brands in the country.Postal services have suffered the brunt of...

Mmegi; Government’s re-rationalisation exercise of 2022 saw the separation of the Ministry of Finance and Economic Development birthing the National Planning Commission (NPC). What was the reasoning for this separation and what was the founding...

The Household Indebtedness survey found that loan innovation of commercial banks was growing bleak, with micro-lenders showing more appetite for risk as they increased their lending to the private sector. As of December 2023, household debt stood at...

The report compares the performance of countries across four factors being economic performance, market accessibility, social and human development and economic stability, producing one metric that gives investors a sense of how each of the 31...

However, persistent issues with the system mean that government lacks information on its spending and revenue, resulting in blind planning and budget implementation. The situation poses a serious risk to the economy.Economist and former Deputy...

This sharp decline has sparked widespread concern about the fiscal trajectory of the fund. Despite these concerns, the Minister of Finance maintains that the nation's finances are not in the red.The financial downturn of the GIA comes at a...

The sands of time will forever bear our bigfoot as the small nation that brought the 200m Olympic crown to African soil. This victory reminds us what it means to conquer the insurmountable, the mundane, and the impossible. Thanks to sports, we feel...

Stanbic Bank granted the loan facility as part of a green finance product that aims to support climate action in the agricultural industry. With the loan injection, the company will be able to expand operations with another 250 hectares of food...

From a total of around one million Batswana who are eligible and actively seeking employment almost a quarter of them cannot find footing in the local labour market, which is bloated and has no room for new entrants. The figures are part of a larger...

Diamond industry woes are the talk of the economy this year, for obvious reasons that need no mention in a diamond dependent country. The issue is the extent to which the pinch of the diamond woes will be felt by Botswana’s purse and the tough...