Author

Lewanika Timothy
  • 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...

  • Economic fears heighten as Botswana diamond deposit diminish

    Addressing a recent Jwaneng mine media tour, the officials revealed the country has mined over 58% of its total diamond deposits, leaving behind 42% that is currently being mined.They said the latest data points the country to an eminent end of...

  • Debswana powers on with Cut 9

    Known as Cut 9, the P22 billion project to expand Jwaneng Mine involves deepening the iconic pit beyond 650 metres to tap into an ore body that will yield approximately 48 million carats and support the mine to its end of life in 2035.The project is...

  • Botswana’s economic autonomy threatens SA trade relations

    However, recent shifts in trade dynamics have prompted Botswana to reconsider this relationship, highlighting a growing concern over the imbalance in trade favouring SA, oftentimes at the detriment of the former. Trade relations between the two...

  • Inflation blah... blah... blah...

    In just a year, the price of a carton of milk has soared to over P20 while the price of cooking oil has increased by over 50% and all the central bank can say to the battered consumer is economic jargon like base effects, bank desirable rate blah......

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