Author

Lewanika Timothy
  • Diamonds: The crack in the economy

    Diamond industry woes are the talk of the economy this year, for obvious reasons that need no mention in a diamond dependent country. The issue is the extent to which the pinch of the diamond woes will be felt by Botswana’s purse and the tough...

  • BSE sets sights on equity listing in Q4

    Whilst the last Initial Public Offer (IPO) on the BSE was at least seven years ago, the local bourse’s dry spell has been helped by secondary equity listings, various types of debt listings and the introduction of innovative products such as...

  • National Planning Commission resolute on high income target

    According to the Commission, the upcoming National Development Plan (NDP) will be a “vehicle that takes the country to greater heights.” Speaking at a stakeholder engagement last week, the Commissioner General, Batho Molomo, revealed that they...

  • De Beers sees diamonds recovering next year

    The diamond retail market has been experiencing subdued demand since the second half of last year, causing the mid-stream to build up high inventories which have in turn forced producers such as De Beers to cut production.Presenting the group’s...

  • Time to stitch up a tattered fiscus

    A recent country report from the International Monetary Fund (IMF) forecasts that Botswana’s economy will face a growth deceleration this year, growing by only one percent compared to a previous estimate of 3.6 percent. This is mainly due to...

  • Is a recession looming and did the last one even end?

    The question is, can a graduate who couldn’t find a job during COVID-19 in 2020 and still can’t find a decent job in 2024, say the economy is not in a recession? Certainly not, in fact for them the economy is still recessionary.Experts can talk...

  • Drought arm-twists farmers to destock cattle

    According to figures released recently by the Bank of Botswana, meat exports which primarily comprise beef, soared to P173.6 million in the first quarter of 2024, the highest quarterly outcome since 2019.Beef sector insiders told BusinessWeek that...

  • BSE opens door to metshelo, societies and cooperatives

    Metshelo are traditional savings schemes in which members contribute funds on a monthly basis and share the returns in cash or kind on an agreed date. Being unofficial, however, many such cooperatives have fallen through the cracks in commercial bank...

  • Harnessing Botswana’s competitive advantage

    Mmegi: The recent world competitiveness rankings revealed the strengths and weaknesses of Botswana across an array of economic factors. Which areas do you think are worth harnessing in order to increase the competitive advantage of...

  • Offshore investments spur DPF assets to P11.5bn

    The DPF is a defined contribution pension fund established in 1984 as a trust through a joint initiative between Debswana, Anglo American Corporation Botswana, and De Beers Prospecting Botswana with key investments in property, equity, bonds and...

  • Gaborone ranks amongst cheapest cities in the world to live in

    The Mercer 2024 Cost of Living Index ranked Gaborone number 215 in the list, suggesting the capital is amongst the cheapest in the world. The index is based on the dollar's cost of a basket of goods and services which include food, transport, and...

  • Masisi vexed by Africa’s persisting resource curse

    Speaking during the high-level dialogue on mineral resource governance in Africa conference in Gaborone this week, Masisi expressed his stern worries over how the blessing of mineral endowments has turned into political malediction for many African...

  • Will the synthetics hype die off?

    During the recently ended Future of Mining summit, one common thread ran across the speeches of executives: the fear of synthetics. If synthetics aren’t all that, then why is everyone talking about them? Speaking economically, diamonds economically...

  • Botswana shines in global competitiveness ranking

    Botswana was ranked 55th out of 67 countries assessed, rising from the previous year’s position of 59. Botswana emerged above African titans such as South Africa, Nigeria and Ghana.Though similar to the World Economic Forum’s (WEF) more...

  • BOB slashes interest rates

    According to the apex bank, at its sitting the BoB’s Monetary Policy Committee (MPC) decided to reduce the Monetary Policy Rate (MPR) by 25 basis points to 2.15%. The move means that borrowers on variable rate loans such as personal and credit card...

arrow up