Sefalana margins pressured as household spending slows
The country’s second-largest retail grocer has noted a dip in its gross margins as households slow down spending in the face of tough economic conditions.
The country’s second-largest retail grocer has noted a dip in its gross margins as households slow down spending in the face of tough economic conditions.
The IMF recommends that Botswana transform the Pula Fund into a sovereign wealth fund that would be funded by a set commitment to budget surpluses and used to boost the country’s weakening savings. MBONGENI MGUNI reports
The Botswana Karate Association (BOKA) disciplinary commission has taken a decision to suspend secretary general, Dick Othusitse Tshepang and remove him from his position as secretary-general.
The Botswana Football League (BFL) has confirmed the appointment of Bennett Mamelodi as substantive chief executive.
The banking sector and how it weighs risks and directs its lending is key to helping the private sector take the lead in the economy to drive export-oriented growth, one of the sector’s CEOs has said.
This week the country’s fifth administration came chest-out claiming to have assembled the first locally made electric vehicles. While government officials was in high spirits at the “assembly plant” thousands of Batswana went online to bash the claims as an 11th hour election gimmick. Mmegi Staffer, Timothy Lewanika reflects on the claims and the debate that ensued
Annual inflation in September came in at 1.5% – its lowest level this year – down from 3.9% in August, helped by an average P1.27 drop in fuel prices during the month.
Nomlu Nail Bar Fairgrounds Branch has reopened its doors to customers. Speaking at the Nomlu Beauty Institute press briefing on last week Thursday in Gaborone, the director of Nomlu Nail Bar, Nomsa Lukashe said after months of meticulous planning, redesign, and rejuvenation, their spa was back better than ever.
Watch your tongue Mr President
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...