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The tender, approved by the Ministry of Finance on March 27, will run for three years and covers the provision of digital wallets and the disbursement of student allowances, a significant banking contract.For over two decades, FNBB has managed...

Botswana’s economic landscape has experienced widespread slowdown, with most economic centres either seeing decreasing foot traffic or declining consumer spend. Private sector ventures like retail outlets have been decrying the falling consumer...

Last week’s steep increase in petrol, diesel, and paraffin prices marked one of the sharpest adjustments in recent years, immediately raising the cost of transport and signaling the start of a wider inflation cycle. For an economy already...

The group posted pretax profits of P476.1 million, up from P48.4 million recorded in the prior year, with the recovery driven by rising contributions from its operating units across insurance and regional investments.BIHL is a diversified entity that...

The economy averted a major slowdown due to 8.2% growth in the third quarter, driven by diamond production ramping up in anticipation of mining maintenance plans.The fourth quarter of 2025 recorded a year-on-year decline of 5.4%, mainly due to lower...

From the rolling drum to the buzzing bass guitar and Tomeletso Sereetsi’s vocals, the Philharmonic experience served as a reminder of why live performances are the fabric of the music industry. Held at Maitisong Theatre, the Philharmonic showcase...

The Botswana Energy Regulatory Authority (BERA) on Friday announced it raised the retail price of unleaded petrol 95 by P5.05 thebe per litre, diesel by P8.77 thebe, and illuminating paraffin by P1.5 thebe. The increase comes at a time when consumers...

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...

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...

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,...

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...

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...

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...

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...