The diamond producer reported revenue of US$1.6 billion during the first half of 2026, down from US$2 billion recorded during the same period last year, as subdued rough diamond demand continued to weigh on the business. Production guidance for 2026...
The completion clears a critical hurdle for the implementation of the US$16 billion (about P220 billion) cross-border infrastructure project. It also marks the end of years of technical planning and ushers the project into its implementation phase,...
A statement from the two organisations says the partnership was formalised recently through the signing of a Memorandum of Agreement and brings together the respective Citizen Economic Empowerment and Enterprise Supplier Development commitments of...
The offering, PosoInsure Parcel Insurance, gives individuals and businesses an affordable way to protect the value of eligible parcels sent through the BotswanaPost courier network. Officials said unlike standard courier services, which generally...
A statement from the bank says the three-year partnership brings together Bank Gaborone’s financial solutions and banking expertise with LEA’s enterprise development, training, mentorship, incubation, and business advisory capabilities. The...
Officials said the move reinforces CEDA’s commitment to leaving no one behind by removing barriers that have historically limited access to business development information for persons living with visual impairments. By making more essential...
The concerns emerged during a public hearing on Tuesday convened by the CCA as part of its assessment of the proposed merger. Fusion Spark is an entity in which business magnate, Ramachandran Ottapathu, has a 30% direct stake in, according to the...
The rollout follows the completion of hemp trials at the National Agricultural Research and Development Institute (NARDI), in collaboration with a private company, Hemp Innovations. Local authorities say the results of the pilot confirm the crop can...
Statistics Botswana reported that diamond production increased by 4.7 percent in the first quarter of 2026, rising to 4.89 million carats from 4.67 million carats in the corresponding quarter of 2025.Production also rebounded strongly from the...
Under the revamped framework, entrepreneurs operating in similar sectors will be encouraged to organise themselves into co-operatives and clusters where they can collaborate, purchase collectively, share infrastructure, strengthen governance systems,...
The arrangement with Soft Landings Concierge allows the citizen-led business to manage the airline’s refurbished Pula Lounge at Sir Seretse Khama International Airport, providing high-class services and experience for international travellers.The...
The Income Tax Act changes, which took effect on July 1, include a new top individual tax bracket, greater clarity on taxation and valuation of employee benefits and details on tax treatment of employees of international organisations, embassies,...
In a statement last week, the central bank said the amendments came into effect on April 2 and were introduced in response to developments in EPS and Money or Value Transfer Services (MVTS) sector, as well as broader changes within the national...
Chobe Holdings group managing director, Lempheditse ‘MC’ Odumetse, told Monitor Business the initiative was part of efforts to feed the nation and create employment, in line with the national priorities set by government.“This is our first...
Providing an update during a recent strategic engagement with one of the local authorities, BITRI Acting Director of Research and Partnerships, Lesego Moribame, said the institute's commercialisation agenda is centred on ensuring research...
In a statement, officials said the investment has transformed the store into one of the country's most modern supermarkets, while creating 10 new permanent jobs and demonstrating the retail chain’ continued confidence in Botswana.“The store...
The US is the biggest market for natural diamonds accounting for more than 50% of demand. Mmegi is informed that the US will not put tariffs on Botswana and Namibia, while Angola and South Africa will be tariffed at 12.5 percent.As of 24 July 2026,...
The US is the biggest market for natural diamonds accounting for more than 50% of demand. Mmegi is informed that the US will not put tariffs on Botswana and Namibia, while Angola and South Africa will be tariffed at 12.5 percent.As of 24 July 2026,...
Speaking during Opracon's 10th anniversary celebrations, Hore reflected on the company's evolution since its establishment in July 2016, revealing that what began as a technology firm has since diversified into human resources, skills...
Sources close to the transaction told BusinessWeek that Anglo American’s selection of the Global Diamond Consortium as preferred bidder did not mean talks with other parties were closed off. BusinessWeek has established that the consortium is led...
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