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The proposed project, presented during a community consultative meeting at the village, will comprise a three-storey commercial complex incorporating retail outlets, a private clinic and a filling station.Developers indicated that the investment will...

In a decision announced last week, the ratings agency lowered the country’s long-term foreign and local currency sovereign credit ratings to BBB- from BBB, whilst the short-term rating was cut to A-3 from A-2.The outlook on the rating was revised...

The proposed tariff adjustment has already drawn strong opposition from the industry, as manufacturers and exporters warn that the increase could severely undermine the country’s fragile industrial base.Late last year, BPC lodged a tariff...

According to a recent Government Gazette notice, the country's fiscal authorities intend to secure a P3 billion facility from a consortium of local lenders comprising First National Bank Botswana (FNBB), Stanbic Bank Botswana, and Absa Bank...

The proposed study will be conducted by MMG Khoemacau in partnership with government and other stakeholders as Botswana seeks to move further along the mineral value chain and reduce reliance on the export of raw mineral concentrates.Addressing...

A visit by Mmegi to one of the country’s major retail stores revealed a pattern that many consumers have long suspected. Prices are reportedly being adjusted frequently, sometimes weekly, with increases moving gradually across different product...

Thermal paper, shade nets, and surgical masks have now been added to the growing list of industries protected under Botswana’s trade protection framework. Importers seeking to source these products from outside the country will face higher tariffs...

The impairment provision marks a stark increase from the provision of P8 million for the half year in 2024, highlighting the bank’s rising concern over credit risk in the current economic cycle, as well as the ability of customers to service loans...

Business confidence has deteriorated in recent surveys, with enterprises bracing for tougher trading conditions than in 2025. The latest survey points to mounting cost pressures, particularly on materials, utilities, rent and transport at a time when...

Industry insiders in the purchase order financing space have revealed to MonitorBusiness that they have experienced year on year decline in profits mainly driven by declining sales and intense competition from commercial banks that once upon a time...

The P200 million expansion comes barely a few years after the initial P500 million investment that established what is now regarded as the country’s largest citrus development.The project, located near Selebi-Phikwe, has already developed about 880...

In its latest report, the bank disclosed that there was a growing strain within Botswana’s small and medium enterprise (SME) sector, with only P84 million drawn from an approved P200 million purchase order (PO) financing facility at year-end,...

Directors have revealed that during the 2024 financial year alone, the mine contributed approximately P4 billion through wages, taxes, royalties and payments to local suppliers. This is a sizeable injection at a time when government revenue streams...

With the current squeeze on rough diamonds not abating, Debswana has, since last year, been mulling a diversification drive away from diamonds to reduce dependence on its single commodity being diamonds.Industry insiders have revealed to BusinessWeek...

In a market announcement last week, FNBB said it would introduce a dedicated Motshelo Savings Account designed to provide a digital banking solution for saving scheme groups that have historically operated outside mainstream banking.Announcing the...