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For the 2022/2023 financial year, government expenditure stood at P74 Billion with the largest portion of this amount going civil servants’ salaries and associated expenses, a decades-old trend that has weakened the budgets back. Government has...

Under the law, tender committees in ministries and parastatals have far higher spending thresholds than local authorities and land boards.The PPRA’s recently released Annual Report showed that public entities performed dismally in areas such as...

Can we really proclaim that Botswana is a peaceful country when it is purging itself of human life, clearly undermining that self-proclaimed title? Over the past festive season, police recorded 298 reported offences against persons, with 181 of them...

In 2024, households spent more money on goods and services, while government expenditure also rose supported by the largest recurrent and developmental budget in the history of the country. However, the country’s Gross Domestic Product still...

The latest decision follows a series of extensions allowing local farmers to export live cattle to other countries, primarily South Africa, as the Botswana Meat Commission (BMC) has continued to face operational challenges. Live cattle sales were...

The FSC is a multi-agency body, which is responsible for assessing vulnerabilities that could affect the resilience and stability of the local financial system. The Council is chaired by the Bank of Botswana and also includes the Ministry of Finance,...

The Gross Domestic Product (GDP), which is an aggregate measure of the value of goods and services produced within the country, has been negative for three consecutive quarters in 2024, as Botswana’s economic mainstay sectors remained subdued.Data...

Post-election, the country was reeling in the shock at the outcome and as one can imagine, it was not just the populace but even the newly elected leaders themselves who were taken aback. Batswana had not only booted out the Botswana Democratic Party...

Whilst 2024 was a politically charged year all over the world, with a great deal of social catastrophes, the greatest volatility in numbers was registered in economic indicators. It was not just the common Gross Domestic Product (GDP) figures that...

The decision, which comes amid mounting concerns over the underutilisation of valuable mineral resources abundant in the country, seeks to ensure that licences are held by active operators committed to exploration and development. Speaking during the...

A trend analysis report published recently indicates that between January and June 2023, banks and other authorities filed a total of 165 Suspicious Transaction Reports (STR) with the FIA, of which 116 involved fraudulent cryptocurrency dealings.In a...

The Botswana Public Officers Pension Fund invested half a billion in ALC’s first fund to invest in local private equities, alongside undisclosed investment amounts from six other private and public pension funds.This time the fund manager expects...

Nandi-Ndaitwah, 72, is the current vice president. Her victory will extend SWAPO's 34 years in power since it led Namibia to independence from apartheid South Africa in 1990.She received roughly 57% of valid votes in the presidential race,...

The profits were more than 1,700% above the P3.7 million recorded by BSB in the half year ended September 2023.In a commentary accompanying results which were posted to the Botswana Stock Exchange (BSE) this week, directors attributed the profit...

During the reporting period, profits for the listed company jumped from P71 million to P112 million, which was attributed to effective cost reduction measures and the expansion of mobile money services. In a financial statement issued on the Botswana...