The arrangement grants foreign nationals' citizenship for as little as US$75,000, roughly P1 million, according to a live website endorsed by Arton Capital.The announcement was made on the sidelines of the United Nations General Assembly in New...
Mmegi: Digitisation means different things for different industries and for different players in the economy. Maybe we could just start by saying what is digitisation in the banking industry, what does it look like and what shape and form does it...
De Beers and Botswana are often lauded “Siamese twins”, double bodies that have mirrored each other from the yesteryears of their matrimony in 1969. Along the path like any marriage, the duo has had spats of their own, with Botswana consistently...
BoFiNet’s copper theft losses place it amongst other major victims in the sector, including Botswana Telecommunications Corporation (BTC) and Botswana Power Corporation (BPC), which have also been hemorrhaging millions annually in an attempt to...
According to the bank’s half-year ended June 2025, it expanded customer loans by nine percent year-on-year, with total loans and advances up 15% to P23.9 billion, hence defying tougher operating conditions. On the other hand, Stanbic’s customer...
Botswana’s annual inflation rate rose modestly to 1.4 percent in August 2025, up from 1.1 percent in July, yet it continues to hover well below the Bank of Botswana’s (BoB) medium-term target range.According to researchers in the Bank’s latest...
Over the years, a number of aggrieved members of Botswana’s society have approached the courts to challenge certain clauses of the Constitution, deeming it archaic in its definitions and world view. Who can forget the famous Motshidiemang v State...
The fund ended June 30 with P11.9 billion in assets under management, up from P11.5 billion in the first quarter, despite what executives described as “heightened market volatility and challenging conditions”.The performance was achieved even...
Efforts towards constitutional reform were set in motion in December 2021, when former president Mokgweetsi Masisi, acting under the Commission of Inquiries Act, established a Presidential Constitutional Review Commission chaired by former Chief...
The fraudsters according to NBIFRA are taking advantage of fast-tracked loan approvals and weak verification systems.NBFIRA’s Anti-Money Laundering Unit representative, Leonard Moeng, said the industry was under serious pressure as fraudsters...
Latest numbers from local data agency, Statistics Botswana, show that from July last year to March of this year, the prices of diamonds, soda ash, and coal have been on a freefall, with local miners getting less and less value for their minerals in...
Technocrats at the Ministry of Environment and Tourism have revealed that they are wary of the European Union’s plans to heavily tax commodities from carbon gas-emitting countries, which could affect the country’s trade. Thus, the country is...
When finance technocrats and audacious entrepreneurs met in Gaborone this week with the International Finance Corporation (IFC), everybody was out guns blazing, pitching hard. Their message was consistent; pitching a politically stable democracy,...
Recently, the country’s largest diversified financial services group, Botswana Insurance Holdings Limited (BIHL), attributed the sustained trend of low insurance penetration levels to a rise in consumerist behaviours like betting and gambling....
Local banks have demonstrated their traditional resilience to shocks in the past years, maintaining a strong balance sheet of P145 billion as at May this year. The strong books were achieved through shrewd liquidity and risk management, something...