At present in the local commercial banking sector, only BBS Bank is citizen-owned, whilst all the others are the offshoots of parent groups that are based out of South Africa, Namibia, Malawi, Namibia, Nigeria and the United Kingdom.The NDB, a...
Gaolathe and his technocrats earlier this week wrapped the last of three budget pitsos held as part of the annual consultative meetings ahead of the budget next month.Engaging with the younger generation at the Youth Pitso in Gaborone, the Finance...
The shoe shop has issued notices on its stores, notifying customers of its exit from the local market with inventory wiped out by a close-down sale. Owned by retail giant Pepkor, shareholders revealed late last year that Shoe City had consistently...
Harding made the remarks last week during a coffee session held at the Botswana Digital and Innovation Hub (BDIH). The session, themed 'Living Out Your Purpose Through Entrepreneurship', marked the launch of BDIH’s Coffee Session series and...
Preliminary Bank of Botswana (BoB) figures released recently show that between January and June 2025, non-interest income earned by the country’s commercial banks averaged P352.8, before rising to an average of P548.1 million between July and...
The 11-week initiative announced by Customer Care and Information Director Goitseone Tshiamiso started running from December 8, 2025, to February 28, 2026, and focuses on domestic households, small businesses, churches, community groups, and...
Addressing the Tourism Pitso, which attracted hundreds of delegates from the tourism industry and relevant stakeholders over the weekend, Gaolathe highlighted the need for communities living near wildlife habitats to have access to basic services...
Without meaningful restrictions on spending, government faces an elevated risk of a debt trap over the short to medium term, said technocrats writing in the Budget Strategy Paper released last week.The officials noted that the country’s fiscal...
A new filing stated that production at the project located in the Kalahari Copper Belt went up by 21% in Q4 when compared to Q3, rising to nearly 11,000 tonnes.The improved October-December quarter performance comes as the mine positions itself for a...
The insights are contained in the Budget Strategy Paper released this week. The annual research and estimates document is usually released in September and is a blueprint of the policies, numbers, and priorities underpinning the next budget.This...
The growth projections follow a three percent decline in economic activity in 2024, which is likely to be followed by another 0.9 percent contraction, according to Finance ministry figures.The World Bank’s latest Global Economic Prospects report,...
Prior to the January 30 auction the highest amount ever sought by the central bank in its monthly forays into the capital market was P4.6 billion in January 2025.Under government’s P55 billion domestic note issuance programme, the BoB floats bonds...
Gaborone’s largest shopping centres by Gross Lettable Area (GLA), which include Game City, The Fields, and Airport Junction, have leased out large chunks of their parking spaces to diversify service offerings and to enhance their competitiveness in...
Preliminary Bank of Botswana (BoB) figures released recently show that between January and June 2025, non-interest income earned by the country’s commercial banks averaged P352.8 million, before rising to an average of P548.1 million between July...
The latest data from Statistics Botswana indicates that in the 12 months to December 2025, the average prices of milk and related products such as cheese were up 8.8 percent, meat 8.5 percent, fish 9.3 percent and hot beverages such as coffee, tea...
The Gambling Authority (GA) crackdown follows a surge in complaints from punters who allege that betting platforms often go offline at critical moments, particularly when consumers attempt to cash out winnings. Others have reported delays that...
The listed diversified company said group profit before tax for the half year ended October 2025 is expected to be between 10% and 12% lower than the same period in 2024. “The Board of Sefalana has informed its shareholders that Sefalana’s Group...
In a candid update to stakeholders this week, the rail utility said due to the challenges, freight tonnage is reported to stand at 521,000 tonnes against a period target of 935,000 tonnes and operational costs continue to exceed income generation,...
Pula Steel has emerged from an extensive legal wrangle after the Court of Appeal approved the P18.3 million sale of the pioneering steel plant to Sherashiya Pty Ltd last March. Prior to that, operations at the Selebi Phikwe-based plant had been...
The vote, this week, enjoyed bipartisan support with 340 members of the House voting in favour of the deal, whilst 50 voted against the bill. The future of AGOA has been in the balance in the years leading to this month’s vote, with fears of a...
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