Author

Lewanika Timothy
  • RDC sheds P216m worth of properties to prop up balance sheet

    The property group, which owns assets such as Chobe Marina Lodge and Masa Square Centre in Gaborone, to name a few, said the disposals, concluded at an eight percent premium to book value, form part of a deliberate shift to improve portfolio quality...

  • Botswana’s envoy to China targets billion-Pula investment drive

    From modest beginnings in Palapye to one of the most strategic diplomatic postings in Botswana’s foreign service, Kenosi steps into the role at a time when the country’s economic fundamentals are under pressure. Slowing growth, constrained fiscal...

  • Letshego whips loan book into shape

    The group consolidated its loan book to P11.7 billion, despite exits from key markets in East and West Africa.The homegrown pan-African microlender reported a consolidated loss after tax of P235.5 million for the full year ended December 2025,...

  • Choppies warns of profit dip as consumer spending drops

    In a cautionary announcement to the Botswana Stock Exchange (BSE) , the retailer said it expects profit after tax from total operations to decline by between four percent and 14%, while profit from continuing operations is projected to fall more...

  • Unsolicited bids rise amidst regulatory uncertainty

    Despite growing calls for the private sector to take a leading role in driving development, the rise in unsolicited proposals is exposing gaps in the procurement framework. Officials say that whilst the Public Procurement Act of 2021, administered by...

  • Making PPPs work

    The country has, over the past two years, moved to deepen reforms aimed at crowding in private capital. Central to this shift is the proposed Public Private Partnership (PPP) Bill, which seeks to modernise Botswana’s framework for infrastructure...

  • BR Properties plans Mahalapye mall project

    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...

  • Botswana credit rating nears 'junk status' after S&P downgrade

    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...

  • BPC’s P2.5bn bailout raises questions ahead of tariff decision

    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...

  • Gov’t seeks P3bn loan from commercial banks

    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...

  • Gov't kickstarts copper refinery study at Khoemacau

    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...

  • The ever-increasing cost of food

    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...

  • Gov't expands infant industry protection measures

    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...

  • FNBB braces for P221m loan defaults

    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 expectations plunge as credit, inflation fears rise

    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...

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