Stepping into the electric 4x4 at Chobe Game Lodge, the usual roar of engines is non-existent and has been replaced by silent battery power. Driving through the park, every sound of wildlife from elephants crossing the mighty Chobe, can be heard,...
Forgive me for writing so late. My elders in the newsroom have failed to update you, so I in my youth, must bear the burdensome yoke of briefing the old socialist about the new republic. I tremble to name those who should have long penned this...
Director of External Affairs at MMG Khoemacau, Boikobo Paya, said the development marks a major step in Botswana’s ambitions to become a regional copper powerhouse. “This expansion will lift Khoemacau’s production to 130,000 tonnes of copper...
Clashes between protesters and security forces have triggered curfews, intensifying concerns that the government is tightening control over a shrinking democratic space.Regionally, Southern Africa is experiencing a growing trend of violent, unfair...
The multinational security group reported a loss of P14.3 million for the year ended December 2024, widening from P11.1 million in 2023. On the other hand, operating losses stood at P16.5 million, even as total revenue rose to P231.2 million,...
The 2024 Banking Supervision Report revealed that the market structure has remained largely unchanged, with the local banking’s “Big Four”, Absa Bank Botswana, First National Bank Botswana (FNBB), Standard Chartered Bank Botswana, and Stanbic...
With government spending slowing and less money circulating through the economy, the fight for cash is entering a new phase.In its latest Banking Supervision Report, the Bank of Botswana noted deepening pressures facing commercial banks as...
BPC's credit rating withstood the sovereign downgrade on Botswana’s sovereign rating that was dropped over the weekend due to the country’s weakening fiscal position.The outlook for BPC, however, remained negative with pressing worries over...
The plans come as government considers alternative financing mechanisms for healthcare away from the traditional annual budget.The draft of the National Development Plan (NDP) 12 contains proposals by government to deter excessive consumption of...
The deal marks the full deployment of ALC’s Fund 1.The value of the investment and specifics on the size of the Bayport remain undisclosed as the equity holders seek to keep the value of their stock private."We are acquiring a minority stake in...
One in three Batswana have expressed pessimism over the ability to meet their financial obligations, and are now turning to “side gigs” to make ends meet.A report by leading credit bureau TransUnion, covering the second quarter of this year,...
The regulator engaged the sector as part of a broader push to ensure that communication services in the country remain affordable and aligned with the country’s digital transformation agenda. BOCRA said in a media release that the move followed a...
On the other hand, its total revenue grew marginally by one percent to P485 million, while operating profit nearly doubled, supported by cost containment measures and new project rollouts.The parastatal recorded a pretax profit of P12 million during...
Once earmarked to be a plausible national capital, Lobatse was a town born with a star. The town’s “waters” herein used figuratively to depict its early lucky streak, were deep brooks that fostered innovation and made Lobatse a town of many...
Rental prices followed suit, climbing to an average of P5,000, enriching investors but pushing home ownership further out of reach for the average Motswana.Property prices have been rising across all segments particularly the residential market in...