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Government efforts to invest in Small to Medium Enterprises in the country have been mainly for job creation purposes, as the economy has long struggled with rising unemployment rates, particularly amongst youths.The report, which is a study on the...

Under amendments to the Retirement Funds Act, the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) mandates pension funds to raise their domestic holdings to a minimum of 50% of their total assets, progressively between 2023 and...

RERA’s annual conference took place over four days in Gaborone last week, in the backdrop of the ongoing global debates on the optimal use of energy sources especially around coal which has been snubbed by the global community. Delegates at the...

De Beers reported suboptimal sales of rough diamonds, especially in the last quarter, resulting in revenues of $4.3 billion, down from $6.2 billion in 2022.Briefing journalists last week, senior De Beers officials said their forecast indicates that...

Despite being amongst the pioneers of synthetics, through its Element Six firm which was established in 1946, De Beers has consistently been dismissive of any argument that these lab grown stones could pose any kind of threat at retail level. Element...

Reminiscing over the 2014 election, pressure groups were seething with anger, fuming and livid with the frustration of their unmet needs under former President Ian Khama’s regime. Trade unions in particular were gatvol with Khama, following the...

Mmegi: In 2022 the government of Botswana amended the Public Procurement Act, a move which necessitated the evolution of the former Public Procurement Asset Disposal Board (PPADB) to the Public Procurement Regulatory Authority (PPRA). What was the...

The diamond miner’s sales fell through the cracks of a depressed diamond market that has been undergoing steep downturns.Total revenues for the year totalled P2.4 billion compared to P2.9 billion recorded in 2022. The weak sales performance comes...

South Africa can be metaphorically depicted as one of Africa’s fattened economies, a nation that has phoenixed from the ashes of apartheid and risen to become a continental giant.The roly-poly nature of South Africa’s chunky economy comes at the...

In the Global Risks Report 2024, a survey of business and economic experts from around the world highlighted steep economic hurdles lying ahead for the world in the next 10 years, as a culmination of environmental risks, geopolitical tensions, and...

According to the financials released via the Botswana Stock Exchange on Monday, the BDC fell into losses, from pretax profits of approximately P32 million in the year to June 2021.“The corporation was faced with adverse market forces which resulted...

In an interview with BusinessWeek, the CEO of the one-year old regulator, Tumelo Motsumi said that the Authority is aware of concerns about poor delivery of projects by contractors as well as the swelling number of projects that cannot be completed...

Serame’s address, in its many features, was composed like a jazz song, with a series of highs and lows, well-tuned to low-pitch notes that represent the economic perils the nation faces.At the beginning, the tempo was allegro and the speech sounded...

The southern African region is known for its chivalrous hallmark, a region of countries either known for long-lasting peace, economic prosperity and democratic consolidation. The perk is led by South Africa which holds the stick due to its bulky...

Figures from the Ministry of Finance’s draft budget estimates published on Tuesday show that Air Botswana, the country’s troubled national airline, is scheduled to receive a bailout of P121 million in the 2024-2025 financial year. This follows an...