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The corporation posted a loss before tax of P40.7 million for the year to June 2024 and narrowed this to P24.2 million in the half-year to December 2024.In its latest annual report, the investment agency which boasts an asset value of P5.7 billion,...

A recent report has shown the two have yet to achieve profitability, contributing to a four percent decline in the Corporation's net worth, which stood at P2.15 billion as of June 30, 2024, down from P2.25 billion the previous year. Milk Valley...

Despite the chunky deficit the entity maintained optimism in its investment pipeline with two transactions valued over P300 million supposedly at legal close stage.A recently published annual report of BDC showed major gaps in meeting its investment...

Speaking at a recent Poultry Expo in Gaborone, the company’s executives stated that Botswana’s poultry market is a blue ocean with room for expansion and new entrants. Irvine’s Group CEO, Craig Irvine, said they are changing lives in Africa by...

Whilst healthcare remains a sector dominated by public investments, it is a growing area attracting private capital as frustrations over the public healthcare system continue to mount.ALC will now be the majority shareholder in Medlane and hopes to...

Homegrown funeral services giant, FSG Limited, is aiming to expand further beyond the country’s borders in search of growth.FSG Group Managing Director, Fergus Ferguson, says Zambia is one destination the group wants to achieve success in. This...

With diamonds, the mainstay sector of Botswana’s economy, remaining protracted with no clear recovery in sight, government faces dwindling revenues that is burning up savings held by the Bank of Botswana (BoB) known as the GIA.Government has been...

The forecasts add more fret to existing market worries on prospects for the country’s economy. Econsult, headed by former Bank of Botswana Deputy Governor, Dr Keith Jefferis, extrapolates that the economic output will remain as the economies main...

Economic researchers at local economic consultancy firm, Econsult, conclude that diamond market prices are set to rise under the Trump administration mainly driven by proposed reciprocatory tariff plans. Currently, Botswana’s diamond exports to the...

According to Bank of Botswana (BoB) data, average liquidity in March increased from a shortfall of P305 million to an excess of P764 million, providing a temporary respite to the tight liquidity conditions that have plagued the banking sector for...

South Africa is Botswana’s largest trading partner, accounting for over 50% of Botswana’s imports. Despite this heavy reliance on South Africa, Botswana’s former president Mokgweetsi Masisi took endless jabs at South Africa, rattling the...

ERETSHA: In this little village nestled between Seronga and Gudigwa, students walk to school every day in an effort to use education as a key out of the dire poverty that has troubled the people of Okavango for many years.But to learn here is a...

Most of the targeted embassies for shutdown are in war-torn African countries which may threaten to plunge these countries into political unrest. According to memos leaked to international media outlets, Donald Trump’s administration plans to shut...

Government has chosen to put skin in the troubled game, opting to convert its debt to Minergy into an equity stake that would make government a shareholder through its mining investment agency, the Minerals Development Company Botswana...

The decision follows the recovery of some units at the Morupule B Power Station, which has helped to stabilise grid supply.In a memo issued by the corporation, BPC executives communicated that power generation had normalised thanks to improvement in...