Author

Lewanika Timothy
  • CCA registers its first merger rejections

    The authority is mandated to regulate all merger and acquisition activities taking place in Botswana, a responsibility that ensures that markets remain competitive and no firm assumes monopoly or undue market dominance in any sector.On Tuesday, the...

  • BoB engages consultant to boost interbank activity

    Under the agreement signed this week in Gaborone, the central bank will work hand in hand with Frontclear on drafting a money market diagnostic framework, a policy that will guide money market operations in the country.The local money market is a...

  • High insurance claim rejections worry NBFIRA

    According to NBFIRA, complaints against brokers mainly stem from poor advisory services rendered to clients which leads to underinsurance of risks.Speaking at Botswana Life’s recent Broker Connect Conference, NBFIRA CEO, Oduetse Motshidisi said...

  • Farmers Market disrupts agricultural value chains

    The spirited entrepreneur is bent on creating a platform that sparks conversations on how agriculture in Botswana can be made better and he does this through a renowned farmers market that is hosted annually in Molepolole. The farmers market is a...

  • Gov’t hints all party funding next year

    Political party funding has been a bone of contention in Botswana’s political landscape, a plea that was initially argued for by political stalwarts of old like the late Dr.Kenneth Koma and others. By then Dr Koma and company held the view that the...

  • Shell, Engen merger threatens fuel supply monopoly

    The Competition and Consumer Authority (CCA), a government body overseeing anti-competitive practices, has expressed reservations about the merger, pointing out the dominant market share of the two companies in the country's energy...

  • Weakening fiscus expected to raise gov't debt appetite

    In their presentation of the budget statutory paper to Parliament members, officials disclosed that the expected high deficit for the 2024–2025 financial budget may lead to a reassessment of debt ceilings and an increased reliance on borrowing to...

  • Lucara revenues defy market downturn

    The company said for the quarter ending September, its sales picked to $56.9 million outperforming market expectations that diamond revenues will sink due to a subdued diamond market.A quarterly report released by the Canadian company noted that the...

  • The G7 political bloc

    Upon inception, the group had a mandate of curbing the instability of oil prices as the world was plunged in a global energy crisis following disruptions caused by decisions by oil producing countries. Over the years, this role has progressively...

  • World Bank casts doubt on growth targets

    The study looked at historical economic figures and the growth forecast going into the future, given the prevailing and forecast macroeconomic circumstances. The study was undertaken as part of a periodic obligation by the World Bank to member...

  • The high-income dream is just a mere dream

    But as the Biblical manuscripts rightly point out: who builds a house without first considering its cost?To reach the status of a high-income economy, Botswana will have to significantly increase its wealth levels, a near doubling in Gross National...

  • Digital Thread drives corporate digitalisation

    As the world chatters a path towards digitising manual operations, local tech savvy entrepreneur, Kabelo Maverick, has been breaking ground with his company Digital Thread.Founded with the vision of being a company of the future, Digital Thread, has...

  • Botswana-UAE trade strengthens as exports soar

    This makes the Middle East country the highest consumer of Botswana exports. Botswana, which is a mineral dependent economy, has diamonds and copper as her main exports, the two minerals which have been increasingly in strong demand in the Asian...

  • Jwaneng Mine exceeds cost-cutting targets

    The Mine was tasked with saving P3.5 billion this financial year, but its general manager, Koolatotse Koolatotse told journalists last week that at least P3.7 billion had been achieved by mid-year.“Jwaneng was allocated P3.5 billion in savings and...

  • Masisi’s ‘non-committal’ global politics on test

    The SONA encapsulates the President’s account of past promises but most importantly, it privies the First Citizen with a chance to give his opinion on matters of national interest, which ultimately influences policy decisions going forward.The...

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