Young people want jobs and opportunities, education still needs to produce better learning outcomes, and while progress has been made against many infectious diseases, heart disease, cancer, and other chronic illnesses are becoming increasingly...
On Wednesday, the BDC signed statements of intent with the Arab Bank for Economic Development in Africa (BADEA) for the provision of financing facilities totalling €100 million (about P1.5 billion).BADEA is a long-time financier of development in...
Executives within the diamond giant revealed that the newly launched Ya Masa strategy is meant to usher in investments in new asset classes while also getting rid of those that do not meet the portfolio needs of the company currently.Speaking during...
The company’s Annual Report released recently, indicates that MCM recorded pretax losses of P216 million in the financial year ended December 31, compared to pretax losses of P26 million in 2024.Much of the decline was due to reduced offtake by the...
CFAO Healthcare is a pan-African pharmaceutical giant with a footprint covering 26 African countries and six French Overseas Territories. The group manufactures licensed medicines in Morocco and Algeria and also assembles and distributes generic...
he update marks the first time Yango Ride has made passenger profile a visible, a shared signal of trust within the ride experience.In a statement, the company said when a passenger fully completes Yango Ride's profile — which includes...
The 10.7% is the highest inflation has reached since December 2022, when Russia’s invasion of Ukraine earlier that year triggered a global spiral of food and fuel prices.Statistics Botswana figures show that between May and June, indices tracking...
The negative credit growth technically means that in May, borrowers were paying back more than they were taking up new loans.The May position is down from a negative 1.5 percent in April and 0.02 percent in March.General credit growth, or the rate of...
The target will be achieved through the completion of three strategic fuel depots in Francistown, Gantsi and Tshele Hills, with the latter to be developed under a Public-Private Partnership (PPP) after government secured an investment partner through...
In a move aimed at increasing domestic revenue collection and strengthening compliance, the tax agency last week announced that those earning more than P33,000 a month will face a new 27.5% personal income tax. This affects those who rake in more...
Managing Director Fritzgerald Dube made the announcement last Thursday at the company’s official launch, marking its transformation from Marsh Botswana. Pan-African insurance giant OLEA Insurance Solutions completed a takeover of Marsh Botswana...
Last week, the two entities signed a Memorandum of Understanding which builds on the eco tourism group’s' ongoing efforts to integrate more citizen-owned businesses into its supply chain while strengthening enterprise development through...
Last week, officials announced that private medical practitioners and deputy sheriffs will need to start registering for this form of taxation as government moves to modernise tax administration and boost domestic revenue collection. BURS Acting...
According to Statistics Botswana figures, in the first quarter, electricity generation figures show that solar plants produced 82,519.96 megawatt hours (MWh), accounting for 9.1 percent of total domestic electricity generation.The output marks a...
In its simplest definition, Artificial Intelligence, better known as AI, is the revolutionary technology that uses large datasets and machine learning to replicate and improve on tasks done by humans. Botswana has developed a draft AI policy that is...
Jamie Carratti, director and asset president of Sandfire’s Motheo operations, told the recent Future of Mining Summit that the Australian company was pulling out all the stops to extend its time on the Kalahari Copperbelt.“We see huge value in...
The reforms, supported by the African Tax Administration Forum (ATAF), have positioned Botswana amongst African countries that are reaping the benefits of digital taxes on remote services.According to the ATAF’s 2025 annual report released this...
OLEA Insurance Solutions, a pan-African group, received regulators’ approval to wholly takeover and rebrand Marsh Botswana last December.Marsh Botswana, an entity with a more than 40-year history in Botswana, is amongst the major players in the...
The central bank raised P800 million of the P2.8 billion from the longer maturing bonds, while the short-term Treasury Bills continued their dominance of the monthly auctions.According to Kgori Capital trend analysis, yields fell across the spectrum...
The extent of the production shortfall was highlighted during a recent media tour of Bolux's P800 million manufacturing facility in Ramotswa, organised by the Maize and Wheat Millers Association (MWMA). Whilst the facility stands as one of...
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