From Oman with love
Friday, April 17, 2026 | 340 Views |
Joint effort: Boko hailed the groundbreaking as an example of closing the gap between intent and execution
President Duma Boko was in his trademark emphatic element on Thursday, launching the groundbreaking of the country’s largest renewable energy project which comes with the first utility scale Battery Energy Storage System (BESS).
That the mammoth 500-megawatt project and associated BESS has moved from preliminary discussions in October 2025, to groundbreaking on site in April, is not just breakneck speed of delivery, but a feather in the cap for Boko who has set aside his administration’s second year in office for “execution” and the removal of bottlenecks towards that.
“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...