Author

Lewanika Timothy
  • Gov't moves to overhaul tourism act

    The review follows the adoption of the National Tourism Policy in 2021 and the subsequent development of the country's 10-year National Tourism Strategy and Master Plan (NTSMP), which sets out a roadmap for sustainable tourism growth and...

  • BoB ‘cashes in’ investments to support reserves

    Under a section of the Bank of Botswana Act, the central bank is entitled to periodically move funds from the Pula Fund into the Liquidity Portfolio, which is a section of the foreign exchange reserves housing funds required for the country's...

  • Gov’t to fight Motsepe’s R80M legal fees claim

    Appearing before Parliament’s Public Accounts Committee (PAC) this week, Bayford revealed that while government has already complied with a court ordered apology to Motsepe-Radebe, it is not prepared to accept the quantum of damages now being...

  • Smart subsidies and uncomfortable questions

    President Duma Boko recently threw down the gauntlet, challenging the nation to focus on solutions, rather than brilliantly describing problems. Here goes!Earlier this week, the Minister of Local Government and Traditional Affairs, Ketlhalefile...

  • FSC flags growing government debt appetite

    The Financial Stability Council (FSC) said in its latest Financial Stability Report that widening fiscal deficits were forcing government to rely more heavily on domestic funding sources, increasing banks’ exposure to sovereign debt and...

  • Lesotho courts Botswana on mineral beneficiation

    Prime Minister of the mountain kingdom, Samuel Matekane said the two neighbouring states should leverage their diamond resources to build downstream industries capable of generating jobs, skills and export earnings. “Mining has long been a defining...

  • Cresta Jwaneng’s financial woes persist

    The group has had to take a knock on the valuation of the Jwaneng hotel as occupancy levels plunge, following another year of poor performance.The hospitality and leisure chain has had to write down the value of Cresta Jwaneng by over P14.1 million,...

  • Expanding Africa’s trade frontiers

    The continent is pushing ahead with the African Continental Free Trade Area (AfCFTA), an ambitious agreement designed to create a single market for over than 1.4 billion people and unlock new opportunities for businesses across the continent.At the...

  • Absa eyes Corporate Banking as lending come under pressure

    In the year ended December 2025, Absa Bank Botswana expected credit losses reached P110 million, rising by 22% from last year’s P89 million. The significant rise was anchored on projections that households will not be able to afford monthly loan...

  • Finding the well of solutions

    Since the build up to the 2024 General Election, Botswana’s political landscape has become a contentious marketplace of ideas, criticisms and expectations. Every government decision is debated, policy pronouncements scrutinised.The debates have now...

  • UAE-backed P25bn city project kickstarts

    The project, known as New Botswana City, will be developed through a partnership involving the Botswana Development Corporation (BDC) and UAE-based AlBaddad Group, with the first phase centred on a 124,000-square-metre international convention and...

  • Botswana Oil to fork P80m dividend to gov’t

    Since legislative changes that saw the parastatal being awarded a 90% import monopoly of petroleum products into the country, its financial performance has been on the upswing, with management expecting to declare growing dividends for the third...

  • Filling station boom raises market saturation alarms

    The study comes as the country’s retail fuel sector faces growing concerns of overcapacity, with instances where some filling stations receive licences and open a few metres away from each other.Statistics Botswana data on transport and...

  • An economy haemorrhaging jobs

    After two consecutive years of economic contraction, researchers at the Bank of Botswana (BoB) are warning that labour market conditions have likely deteriorated further, with the modest employment gains recorded in early 2024 expected to have been...

  • Botswana scans messy international space

    While the country has historically maintained a largely principles-driven foreign policy anchored in non-interference and multilateralism, discussions this week at a foreign policy pitso suggest government increasingly sees diplomacy as an economic...

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