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Industry insiders in the purchase order financing space have revealed to MonitorBusiness that they have experienced year on year decline in profits mainly driven by declining sales and intense competition from commercial banks that once upon a time...

The P200 million expansion comes barely a few years after the initial P500 million investment that established what is now regarded as the country’s largest citrus development.The project, located near Selebi-Phikwe, has already developed about 880...

In its latest report, the bank disclosed that there was a growing strain within Botswana’s small and medium enterprise (SME) sector, with only P84 million drawn from an approved P200 million purchase order (PO) financing facility at year-end,...

Directors have revealed that during the 2024 financial year alone, the mine contributed approximately P4 billion through wages, taxes, royalties and payments to local suppliers. This is a sizeable injection at a time when government revenue streams...

With the current squeeze on rough diamonds not abating, Debswana has, since last year, been mulling a diversification drive away from diamonds to reduce dependence on its single commodity being diamonds.Industry insiders have revealed to BusinessWeek...

In a market announcement last week, FNBB said it would introduce a dedicated Motshelo Savings Account designed to provide a digital banking solution for saving scheme groups that have historically operated outside mainstream banking.Announcing the...

In a statement accompanying the quarterly production guidance issued to stakeholders last week, the mining giant said it is conducting an impairment review of the miner’s carrying value, a move that could result in another write-down when full-year...

Beneath all the economic jargon on cash crunches, soft GDP figures and liquidity crunches are consumers bearing the brunt at the margins of society as disposable incomes continue to shrink leaving families struggling to make ends meet.On one...

The Bank of Botswana (BoB) foreign exchange data shows that the pula depreciated by 0.9 percent against the rand in the fourth quarter of 2025, closing the year at ZAR1.29 to BWP 1.00, compared to R1.3094 to P1.00 at the end of the third quarter.Over...

As export revenues weaken, the pula softens and economic growth stalls, diamonds are routinely identified as the faltering pillar dragging the economy toward the abyss. Yet this diagnosis confuses cyclical shocks with deeper structural failures....

The shoe shop has issued notices on its stores, notifying customers of its exit from the local market with inventory wiped out by a close-down sale. Owned by retail giant Pepkor, shareholders revealed late last year that Shoe City had consistently...

A new filing stated that production at the project located in the Kalahari Copper Belt went up by 21% in Q4 when compared to Q3, rising to nearly 11,000 tonnes.The improved October-December quarter performance comes as the mine positions itself for a...

In line with progressive calls from different Bretton Woods institutions to slow spending and consolidate the fiscus, government has cut headline expenditure but the forgone opportunity appears to be investment in the country’s future.The cuts...

The growth projections follow a three percent decline in economic activity in 2024, which is likely to be followed by another 0.9 percent contraction, according to Finance ministry figures.The World Bank’s latest Global Economic Prospects report,...

The listed diversified company said group profit before tax for the half year ended October 2025 is expected to be between 10% and 12% lower than the same period in 2024. “The Board of Sefalana has informed its shareholders that Sefalana’s Group...