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The deal was confirmed by the Competition and Consumer Authority (CCA), which approved the transaction with conditions aimed at protecting jobs and maintaining market competition. NTS Holdings, a locally incorporated company, has since 2009 held a...

There is a Maasai proverb that says, “Don’t let the belly make you useless.”Given the current economic crunch, one might wonder if Botswana grew drowsy from a prolonged diamond feast. For years, the country enjoyed consistent economic growth...

This week, Minerals and Energy Minister Bogolo Kenewendoa said efforts are ongoing to find solutions for Minergy, whose Masama Coal Mine in Medie is the country’s second colliery after Morupule Coal Mine.Government recently converted its...

The agreement comes as a lifeline for the country’s struggling meat industry and marks a rare win for the sector that has faced years of financial instability and declining output. The deal, confirmed by Minister of International Relations Dr....

The move forms part of Beijing’s broader effort to strengthen economic ties with Africa and increase the continent’s share of exports to China.The zero-tariff arrangement will allow a wide range of goods originating from Botswana and other...

Despite their persistent efforts to curb the influence of inDrive, a leading mobile taxi platform, two additional major players have recently launched operations, further sidelining traditional taxi operators and deepening industry woes.Over the last...

The move comes as the global diamond industry faces mounting regulatory pressure—particularly from G7 countries—to provide verifiable proof of origin amidst ongoing sanctions on Russian diamonds and growing scrutiny of supply chains. ODC’s...

Non-mining GDP held the fort last year as the only growing sector of the economy, containing a contraction of economic output to negative three percent, which could have been worse if non-mining GDP did not grow at by four percent.Prominent economist...

The division, which hosts Fairs, Exhibitions and Events at its Ditshupo Hall venue in Gaborone, made P30.4 million in sales but ended with a gross profit of P13 million, which was ultimately swallowed by high operating expenses of P19.5 million....

However, despite the 17.6% growth in top-line performance, Chobe’s operating profit declined, squeezed by rising operational costs that weighed on margins. Revenue gains were tempered by a decline in operating profit, driven by elevated operating...

The corporation posted a loss before tax of P40.7 million for the year to June 2024 and narrowed this to P24.2 million in the half-year to December 2024.In its latest annual report, the investment agency which boasts an asset value of P5.7 billion,...

A recent report has shown the two have yet to achieve profitability, contributing to a four percent decline in the Corporation's net worth, which stood at P2.15 billion as of June 30, 2024, down from P2.25 billion the previous year. Milk Valley...

Despite the chunky deficit the entity maintained optimism in its investment pipeline with two transactions valued over P300 million supposedly at legal close stage.A recently published annual report of BDC showed major gaps in meeting its investment...

Speaking at a recent Poultry Expo in Gaborone, the company’s executives stated that Botswana’s poultry market is a blue ocean with room for expansion and new entrants. Irvine’s Group CEO, Craig Irvine, said they are changing lives in Africa by...

Whilst healthcare remains a sector dominated by public investments, it is a growing area attracting private capital as frustrations over the public healthcare system continue to mount.ALC will now be the majority shareholder in Medlane and hopes to...