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Appearing before the Parliamentary Standing Committee on Statutory Bodies and State Enterprises, BPC CEO, David Kgoboko said the national power utility was facing mounting financial pressure as it continued to sell electricity at prices that do not...

The balance sheet for WUC shows that the corporation is sitting on over P19 billion in liabilities, the bulk of these attributable to a listed bond as well as bad credit that has been sitting on the parastatal’s books. Government alone owes the...

In a cautionary announcement published on the Botswana Stock Exchange this week, the safari and hospitality group said its profit before tax is expected to increase by between 17% and 27% compared to the previous financial year.The projected jump...

The residential segment, which has seen growing valuations and rentals in the past years, particularly in the greater Gaborone area, is expected to experience a decline in pricing as developers may struggle to get affordable loans to buy or develop...

Last year, Air Botswana welcomed the Embraer E175, in what the then-management labelled as a push for regional expansion with the opening of new routes such as Gaborone-Cape Town. Now the airline says it will lease out the jet alongside the Embraer...

Long before lab-grown diamonds disrupted the market and long before younger consumers began questioning the relevance of natural stones, Mogae was already fighting a different battle, one that threatened not merely diamond sales, but Botswana’s...

In erstwhile Botswana, citizens knew they had to wait for five years to show dissent against a ruling government’s decision. In the hallways of offices, in public spaces, everyone would vow to show their displeasure after five years.This was the...

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...

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...

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,”...

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,...

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...

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...

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...

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...