Author

Lewanika Timothy
  • Diamond market contraction to worsen under Trump

    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...

  • Bank liquidity crunch eases but...

    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...

  • Boko warms up Botswana, SA relations after years of strain

    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...

  • Okavango students brace for winter of woe

    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...

  • Trump plans major shutdown of US-African embassies

    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...

  • Gov't places P700m bet on Minergy

    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...

  • BPC eases power cuts but future still unclear

    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...

  • The plight of people of Okavango: But their land is beautiful!

    The initiated would know of the political manuscripts of Alan Paton famous for penning “Cry The Beloved Country,” which starts off with the narration of a road running from Ixopo into the hills etc etc etc. But Paton is also the author of a book...

  • Stock market illiquidity blamed on pension fund dominance

    The availability of free-floating stocks, or the shares available for trade in the exchange, result in higher liquidity in the market because players can actually have options to buy and sell. The local exchange has a requirement for all listed...

  • Botswana’s tale of many strengths but master of none

    Botswana can become a sundry number of things. Some mutter that the country can become a logistics hub whilst some posit it can become a financial transactions hub shoulder-to-shoulder with the likes of Switzerland. The list goes on and on. This...

  • BSE moves to open bond market to ordinary citizens

    The exchange says the current bond market is primarily accessible to institutional investors such as pension funds and large commercial entities.Retail bonds are an ‘IOU’ in which an investor agrees to loan money to an individual, company, or...

  • RDC Properties posts strong financial results

    The company reported that revenues of P571.8 million were recorded during the period, which was better than the P561 million in 2023 rounding up with a profit before tax (PBT) of P174.5 million. RDC’s total asset value is now at P5.92 billion,...

  • StanChart retail unit delivers P791m ahead of sale

    For the full-year to December 2024, StanChart's total income stood at P1.065 billion earning an operating income of P478 million. The increase in earnings was attributed to the growth of the WRB division and improvement in margins enjoyed from...

  • Gov’t weighs options as tariffs become ‘unsustainable’

    Whilst consumers, particularly households, believe the cost of electricity is high, high local generation costs and escalating imports, mean the current tariffs are a fraction of the true cost paid by the Botswana Power Corporation (BPC).Government...

  • Govt slashes water tariffs by 30%

    Speaking at a press briefing on Thursday, Boko stated that the decision was taken to ensure that ordinary citizens have access to affordable water while government institutions shoulder a larger share of the costs."We are looking at making it easier...

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