Author

Lewanika Timothy
  • BIHL feels premium strain as fiscal crunch squeezes households

    The listed BIHL, which is a diversified entity that owns Botswana Life Insurance Limited and Botswana Insurance Fund Management (BIFM), said some retail clients whose revenues are dependent on government contracts have struggled to keep up with...

  • Gov’t fiscal crunch squeezes business confidence

    The Business Expectations Survey (BES) for the second quarter of this found that long-term expectations of the business environment are skewed to the downside, with the main worries fuelled by the government's limping revenues and spending.The...

  • Firms maintain cautious optimism- BoB survey

    The recently released Business Expectations Survey (BES) by the Bank of Botswana noted that expectations had remained the same as in the first quarter, with businesses expecting a downward movement of the economy beyond Q3. “Firms were optimistic...

  • Radio, print suffer colossal audience drop

    The drop in audience numbers has been experienced by radio, print, and television media outlets, with positive growth only registered in mobile phone numbers.According to the latest Household ICT Survey by Statistics Botswana, print media has...

  • Seed Co sees revenue jump despite climate pressures

    The company reported a 38% rise in revenue to $5.6 million, supported by a 14% growth in volumes underpinned by the government subsidy programme and an effectively executed sales strategy. This drove a 60% surge in profit-after-tax to $0.9 million.In...

  • E-commerce uptake lags in Botswana despite mobile surge

    Local consumers have continued to swim against the global trend of online shopping with other financial datasets showing that consumers continue to prefer to deal in cash for purchases.A household ICT study conducted by Statistics Botswana depicted...

  • Gov't to tighten spending further on diamond revenue slump

    He said they have already managed to slow down expenditure by P5.5 billion between November 2024 and June 2025, and would continue consolidating spending to protect the economy from worsening fiscal pressures. “Having successfully slowed spending...

  • BHC anticipates P102m loss

    The public real estate company announced to the market in a cautionary noted on the local bourse that it forecast to make a provisional loss of P102 million for the period. The steep downturn is expected to reflect a decline in the company’s core...

  • To whom Is Botswana’s capital beholden?

    In a world where capital is either the servant of the wealthy or the master of the poor, who really benefits from Botswana’s capital? TIMOTHY LEWANIKA writesCapital is a highly contested ideology, dating back to the conflicting theorems posited by...

  • Botswana growth to stay flat - Econsult

    In their latest economic review, economists at Econsult forecast that gross domestic product growth for the year will fall within a range of -1% to 0%, meaning either a marginal contraction or, at best, stagnant output. While this would represent an...

  • Electricity demand slows amid economic downturn

    The drop in electricity consumption comes at a time when industries have drawn back on production targets, thus requiring less electricity for production. Data from economic consultancy firm, Econsult, shows that electricity consumption has been...

  • De Beers optimistic despite $189 million loss

    The losses, which affirm the protracted slump in the market, are not a sign of a tougher future, according to De Beers.The group’s financials have been under pressure as the global diamond market has been facing steep headwinds driven by...

  • Aircraft movements dwindle in first quarter of 2025

    The statutory data body noted in the latest Transport and Infrastructure Statistics brief that movements dropped from 17,706 in the last quarter of 2024 to 13,745. The downfall was expected in the Oct-Dec quarter, which usually attracts large travel...

  • Overvalued pula forced adjustments– Gaolathe

    Amid growing concerns from different economic agents, Finance Minister Ndaba Gaolathe told Parliament last week that recent adjustments to the way the pula is priced were triggered by growing concerns that the currency had become overvalued, placing...

  • Economy survives first half: Nervy H2 beckons

    The prolonged downturn in the diamond market remains the main drag on growth, weighing heavily on the overall economy. The muted growth in the first two quarters spells a steeper downturn for the second half.Botswana’s single commodity economy has...

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