The balance sheet for WUC shows that the corporation is sitting on over P19 billion in liabilities, the bulk of these attributable to a listed bond as well as bad credit that has been sitting on the parastatal’s books. Government alone owes the...
The case follows an attempt in February by Bowwood and Main No 296 Pty Ltd to take control of THB via a successful ex parte application before the High Court. The order was for a general notarial bond over the assets of Tongaat Hulett held in...
According to the bank’s unaudited financial results for the year ended December 31, 2025, gross loans increased to P6.75 billion from P5.95 billion recorded in the previous year, reflecting continued expansion in lending activities across key...
Botswana is amongst the leading partners in the Luanda Accord, a platform formed last year with several other African diamond-producing nations as well as companies and industry bodies, to jointly market natural diamonds.The joint industry-wide...
While the central bank did not give reasons for the decline, analysts expect that the downtrend is linked to the tighter liquidity experienced in the financial sector, amidst the broader contraction in the economy. The lower figures could also be...
According to the group's 2025 annual report, its geographic diversification strategy has significantly reshaped the revenue structure, with local portfolio now contributing a minority share of overall income. The shift comes as South Africa and...
This was revealed by CEO of the research and technology organisation, Professor Julius Atlhopheng, when appearing before Parliament’s Statutory Bodies Committee last week. He told Parliamentarians that the institute is making notable progress in...
In a cautionary announcement published on the Botswana Stock Exchange this week, the safari and hospitality group said its profit before tax is expected to increase by between 17% and 27% compared to the previous financial year.The projected jump...
The four-star game lodge, which is situated on the banks of the Chobe River in Kasane, was destroyed following the devastating fire that broke out on November 2024. The Botswana Stock Exchange-listed real estate company stated in its 2025 annual...
The bank participated as the official financial partner for the annual Women Evolve event, a platform that brought together women entrepreneurs, professionals, business leaders and aspiring innovators under the theme “Women Evolve in Business and...
The latest revelations come after the recent Auditor General report flagged P197 million in unaccounted for funds at BAMB. The funds were disbursed by government to BAMB to help procure produce from local farmers in order to restock the Strategic...
Last year, Air Botswana welcomed the Embraer E175, in what the then-management labelled as a push for regional expansion with the opening of new routes such as Gaborone-Cape Town. Now the airline says it will lease out the jet alongside the Embraer...
The country's annual usage of the gas has soared above 21 kilogrammes, as more rural consumers switch from firewood. However, the sector has been unregulated in terms of pricing and with just five importers responsible for all the products coming...
The residential segment, which has seen growing valuations and rentals in the past years, particularly in the greater Gaborone area, is expected to experience a decline in pricing as developers may struggle to get affordable loans to buy or develop...
Huawei Botswana Managing Director, Li Dalu, added that his company has contributed to this progress through the provision of network infrastructure, cloud platforms, enterprise solutions, and skills development initiatives. However, he stressed that...
The move coincides with the company’s celebration of a decade of operations in the country.At the centre of the new offering is Secure360, an integrated cyber security framework designed to help organisations transition from reactive responses to...
It is said that bilateral trade between Gaborone and Kigali has declined significantly over the past five years, prompting renewed efforts by both nations to strengthen economic cooperation and unlock new trade and investment opportunities. However,...
The launch marks a milestone in BTC’s transformation journey as the company seeks to deepen its role in supporting businesses, government institutions, and organisations through advanced digital services and technology-driven solutions.BTC Business...
Household credit has been sluggish since late last year, with other economic agents like businesses in both the services and manufacturing industries taking fewer loans, whilst some with existing loans continue to default.Economic data released by...
Effective May 31, 2026, the listed hotelier will officially hand over operations of the property to the Botsalo-Nsunge family, the owners of the hotel. The transition will see the hotel operating under the new name, Botsalo Hotel, while maintaining...
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