Author

Lewanika Timothy
  • Credit dries up as bank deposits shrink

    Household credit has been sluggish since late last year, with other economic agents like businesses in both the services and manufacturing industries taking fewer loans, whilst some with existing loans continue to default.Economic data released by...

  • Air Botswana’s missing millions

    At Monday’s Parliamentary Committee on Statutory Bodies and State-Owned Enterprises, where Air Botswana was the first to appear, it was revealed that for the financial years between December 2021 and December 2025, the airline was supported by the...

  • BCP demands release of audit names, entities

    Addressing the media this week, Saleshando argued that Batswana deserve full transparency because the audit was commissioned using the taxpayers’ money.“We paid for this audit, and Batswana need to know what their money was used for,”...

  • Tsabong Abattoir opening pushed back amidst FMD breakout

    The abattoir, which had been scheduled to open in May, is now on hold as veterinary authorities move to contain the spread of the disease across affected zones. Acting Minister of Agriculture, Edwin Dikoloti, addressing Kgotla residents last week,...

  • BoB hikes rate, orders banks to hold lending rates

    Announcing the decision this week, the central bank said the adjustment was necessary in light of mounting inflationary pressures linked to global and domestic developments, particularly the recent surge in fuel prices.Inflation stood at 4.2 percent...

  • It’s not blood diamonds, it’s diamonds for good

    The year is 2006, President Festus Mogae is dealing with two pandemics, one being the HIV/AIDS scourge the other being a pandemic yet to fully manifest; the narrative of Africa’s diamonds being blood diamonds.Those who followed the matters closely...

  • Gov't freezes P183m in fraud-linked assets

    As at January this year, the figure was standing at P179 million, showing that there was an uptick in detectable assets that are believed to be the proceeds of fraud, money laundering, or corruption.Delivering the findings of the recent country risk...

  • Botswana Tech Fund launches multimillion pula venture vehicle

    The Botswana Tech Fund (BTF), structured as a multi-stage investment vehicle, will deploy capital from early-stage startups through to more mature growth companies, marking one of the most significant private capital commitments to the region’s...

  • Turnstar warns of profit dip due to weaker property valuations

    In a cautionary statement to the bourse, the company attributed the decline largely to reduced fair value gains on its investment property portfolio, reflecting shifting market dynamics in Botswana’s real estate sector. “The decrease is primarily...

  • Botswana real estate sector flagged as dirty money hotspot

    A recently released National Money Laundering and Terrorist Financing Risk Assessment report by the Non-Banking Financial Authority Regulatory Authority (NBIFIRA) uncovered that Botswana’s real estate sector is being exploited as a haven for...

  • Poachers gun down P12bn of Botswana wildlife value

    Despite Botswana’s fauna being an international tourist puller, the species of the jungle have attracted the attention of global mafia gangs.The gangs apparently have teamed up with insiders at anti-poaching units, leading to the country bleeding...

  • Booze economy going strong despite tight budgets

    Recent full year results published by the country’s leading brewery confirm one fact that researchers have always known: when times get tough, people drink or rather Batswana drink.The full year 2025 financial results for Sechaba Brewery Holdings...

  • Botswana flags P6.29bn in illicit money flows

    The assessment, coordinated by the country's financial authorities, including the central bank and enforcement agencies such as the Financial Intelligence Authority (FIA), consolidates sector-level risks into a single national framework. This...

  • Alpha Direct creates splash with health care insurance move

    The company has unveiled its health insurance offering, with plans starting from as little as P76 per month, as it targets a largely underserved segment of formally employed Batswana who remain outside private healthcare cover.Alpha Direct’s entry...

  • Mupane creditors grow uneasy as appeal drags on

    The creditors are owed more than P345 million, including about P49 million due to workers represented by the Botswana Mineworkers Union (BMWU), yet the matter remains unresolved months after it was escalated to the Court of Appeal (CoA).Following the...

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