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...
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...
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...
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...
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...
Founding family custodian Clinton Van Vuuren and South African private-equity vehicle Chroma Capital 2 are selling 1.372 billion existing shares at P1 each, representing 49% of the company. The public offer opened on September 11.Unlike a...
S&P Global Ratings last week affirmed the country’s long-term sovereign rating at BBB-, the lowest rung of investment grade, together with its A-3 short-term rating. However, the agency maintained a negative outlook, keeping Botswana on notice that...
The findings, contained in the latest Riberry Property Market Report quoted in the Bank of Botswana’s (BoB) August Monetary Policy Report, suggest that activity in the residential market is increasingly being sustained by older, financially...
The move will allow customers receiving money through eWallet to transfer the funds directly into platforms such as Orange Money, Mascom’s MyZaka, and BTC’s Smega, breaking down the walls that have traditionally kept funds within individual...
In a cautionary announcement issued on the bourse, the bank said profit before tax for the six months ended June is expected to increase by between 10% and 20%, representing a rise of between P41 million and P83 million from the corresponding period...
In an interview with TIMOTHY LEWANIKA, Ambassador Oleksiy Syvak discusses the impact of the war on ordinary Ukrainians, the country’s economic resilience, opportunities arising from reconstruction and the potential for deeper cooperation between...
A banking licence would lower Letshego’s cost of funds and rebuild margins squeezed by years of taking beatings in East and West African markets.The banking application license follows botched plans in 2018 when the group at the time chose to...
The project, being developed in Mmamashia by Galvanising Botswana, will have the capacity to process about 100,000 tonnes of steel annually, or roughly 220 tonnes a day. The facility is expected to become the country’s first major downstream...
The latest Business Expectations Survey by the Bank of Botswana, which sampled more than 100 firms from 13 sectors of the economy, found that firms highlighted the increasing cost of capital and tightening collateral requirements as a major factor...
industrialisation priorities. It has been revealed that the standards cover blue and processed hides and skins from bovine animals, sheep, goats and buffalo, as well as finished leather products such as belts and bags. Answering a question in...