Botswana Unified Revenue Service (BURS) Commissioner General, Phodiso Valashia, said the country can no longer rely on traditional revenue streams and must urgently strengthen its tax base as it takes on a greater share of financing its own...
The Botswana Energy Regulatory Authority (BERA) maintains a slate, which is a formula calculating the costs involved in supplying and distributing various forms of fuel within the country. Every month, BERA looks at the movements of the various...
The figure for last year came even as banks restrained their lending activities, with total loans extended starting 2025 at P87.2 billion, peaking at P90.6 billion in May and reaching December at about P90 billion.The arrears rose from 6.4 percent of...
In a statement, BOCRA officials said the One Network Area (ONA) framework would expand beyond Botswana and Namibia to include Malawi, Lesotho, Mozambique, Zambia, and Zimbabwe. The ONA initiative is aligned to efforts by SADC member states to reduce...
Between January and February 28, Choppies’ share price retreated by seven percent, whilst Letshego shed 5.6 percent, pushing the DCI down. In an update, BSE officials said only a few domestic counters, such as Absa (+0.1 percent), Turnstar (+0.5...
The newly built local web platform aims to change how Batswana recover lost valuables. Retrieve, which was launched on February 24, uses unique identification codes and artificial intelligence to match missing items with their rightful owners....
The proposed project, presented during a community consultative meeting at the village, will comprise a three-storey commercial complex incorporating retail outlets, a private clinic and a filling station.Developers indicated that the investment will...
The call was made recently at a Youth and Small Medium Enterprises (SMEs) budget review seminar hosted by Mmegi/The Monitor and First National Bank Botswana (FNBB). During discussions, Chief Investment Officer (CIO) at Mogobe Capital Partners, Rene...
The session, held for Absa’s business banking clients, unpacked the opportunities offered through the programme; a 10-month hybrid leadership and strategy course designed for founders and CEOs of established companies across sub-Saharan Africa....
Last week, the most populous country in the continent signed the host agreement at a ceremony in Lagos, the designated ‘host city’. The signing was done in partnership with African Export-Import Bank (Afreximbank), the African Union Commission...
According to the investment promotion body, the forum forms part of ongoing efforts by the Government of Mauritius to position the island nation as a secure destination for African markets and a regional hub for innovation and technology-driven...
The proposed tariff adjustment has already drawn strong opposition from the industry, as manufacturers and exporters warn that the increase could severely undermine the country’s fragile industrial base.Late last year, BPC lodged a tariff...
According to a recent Government Gazette notice, the country's fiscal authorities intend to secure a P3 billion facility from a consortium of local lenders comprising First National Bank Botswana (FNBB), Stanbic Bank Botswana, and Absa Bank...
Through Bank Gaborone’s tailored solutions, SME’s are able to unlock new opportunities, strengthen their operations, and accelerate its growth.The remarks were shared during the latest episode of the Kgwebo Connect Series, a weekly platform by...
As part of its growth strategy, and through the facilitation of the Botswana Investment and Trade Centre (BITC), the company has secured a 19-hectare site at Matabele in the Kgatleng District to develop a new cement manufacturing plant with a planned...
The proposed study will be conducted by MMG Khoemacau in partnership with government and other stakeholders as Botswana seeks to move further along the mineral value chain and reduce reliance on the export of raw mineral concentrates.Addressing...
CEO Van der Merwe shared the insights recently during a panel discussion at the Botswana Stock Exchange Limited (BSEL) March Opening Bell Ceremony held ahead of International Women’s Day. The event was held under the theme “Rights. Justice....
Hosted by Mmegi in partnership with First National Bank Botswana (FNBB), the session brought together economists from the bank and a specially selected group of young entrepreneurs representing sectors such as agriculture, creatives, fashion,...
Last week, the Special Economic Zones Authority (SEZA) unveiled the Chobe Connect 2026 which officials said will aid in accelerating the development of one of Botswana’s most strategically positioned regions. SEZA CEO, Tapiwa Masie, said the...
Charges will take the form of additional capital requirements, Governor Lesego Moseki said, explaining that high concentrations of wholesale deposits were linked to rising interest rates and the threat of higher inflation.“The bank notes with...