Author

Lewanika Timothy
  • Gov't kickstarts copper refinery study at Khoemacau

    The proposed study will be conducted by MMG Khoemacau in partnership with government and other stakeholders as Botswana seeks to move further along the mineral value chain and reduce reliance on the export of raw mineral concentrates.Addressing...

  • The ever-increasing cost of food

    A visit by Mmegi to one of the country’s major retail stores revealed a pattern that many consumers have long suspected. Prices are reportedly being adjusted frequently, sometimes weekly, with increases moving gradually across different product...

  • Gov't expands infant industry protection measures

    Thermal paper, shade nets, and surgical masks have now been added to the growing list of industries protected under Botswana’s trade protection framework. Importers seeking to source these products from outside the country will face higher tariffs...

  • FNBB braces for P221m loan defaults

    The impairment provision marks a stark increase from the provision of P8 million for the half year in 2024, highlighting the bank’s rising concern over credit risk in the current economic cycle, as well as the ability of customers to service loans...

  • Business expectations plunge as credit, inflation fears rise

    Business confidence has deteriorated in recent surveys, with enterprises bracing for tougher trading conditions than in 2025. The latest survey points to mounting cost pressures, particularly on materials, utilities, rent and transport at a time when...

  • Banks move to squeeze purchase order lenders

    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...

  • Selebi-Phikwe citrus investors plot P200m expansion

    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...

  • FNBB signals SMME stress as lending slows

    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,...

  • Motheo mine seen contributing P38bn to economy

    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...

  • Debswana secures board approval for multi-billion diversification drive

    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...

  • FNBB joins race to formalise Metshelo Savings

    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...

  • Anglo considers devaluing De Beers further as diamond market weakens

    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...

  • What Sefalana’s results tell us about the economy

    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...

  • Pula weakens against rand as market pressures persist

    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...

  • The myth of diamond dependence

    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....

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