Following long periods of deferring maintenance and an ageing rolling stock, the delays have crippled the parastatal’s ability to deliver freight, with the rail network also being increasingly unreliable. Caretaker General Manager, Dominic...
The Botswana Stock Exchange-listed and the country’s largest commercial bank stated it recorded a transactional value of P7.8 billion during the reporting period, up from P5.5 billion in the prior year. The expansion was supported by a growing...
Officials said last week the parastatal is courting new property developer partnerships in a bid to resuscitate the project in 2026. BHC Acting CEO, Pascaline Sefawe, said the Corporation is currently in negotiations with prospective developers...
The tariff overhaul, one of the most extensive in recent years, follows recommendations from the regulator’s pricing and costing study completed in May 2025. In a country with one of the highest costs of data, the changes signal a shift toward...
Larger companies are equipped to deal with this, but for small and medium-sized enterprises (SME), working within tight budgets and with limited resources poses significant challenges. Add to this a shifting economic landscape caused by a downturn in...
The expected loss follows years of maintenance budget backlogs, including low volumes of freight and cargo transport.Last year, BR posted a P90 million loss as its financial woes deepened. The entity attributed the losses to “financial pressures...
Following the July changes to the exchange rate framework made by the Bank of Botswana (BoB), commercial banks have had greater room in the margins they charge both buyers and sellers of foreign currency (forex).In July, the BoB increased its margins...
At the close of the 2023–2024 financial year, BHC’s rental portfolio comprised 10,055 properties strategically located across the country, primarily consisting of low- and medium-income housing units.For the year under review, BHC’s rental...
As financial technology spreads, countries are being pushed to confront a central challenge: how to keep users safe without limiting access for millions who are still outside the formal banking system.Across the continent, cryptocurrency and mobile...
Hosted at Spark Capital Hall in Commerce Park, the ceremony honoured employees who have served 10, 15, 20 years and beyond, including individuals whose dedication continues to propel the retailer’s growth across Botswana and the region.Choppies...
According to a notice on the central bank’s website, the auction will feature the three and six month treasury bills seeking a total of P3 billion, as well as the 2031, 2035 and 2043 bonds raising the balance of the P3.6 billion sought. The...
Statistics Botswana figures show that an index tracking the average prices of meat rose to eight percent in October, from 7.3% in September. Meat carries the second heaviest weighting in the basket of items measured by Statistics Botswana to produce...
It has been a bumper year for the producer as latest statistics have shown that production rose from approximately 5,000 tonnes in the first season to an impressive 22,000 metric tonnes in the second one. Addressing Parliamentarians recently, the...
Debt sustainability is a particularly prickly issue for many countries in Africa, which have complained of unfair treatment by credit ratings agencies, which price their debt at rates far higher than the rest of the world. Many African states are...
The competition builds on the foundations of the Huawei ICT Academy, a long-term collaboration between Huawei and leading institutions such as the University of Botswana, Botswana International University of Science and Technology (BIUST), BA ISAGO...
The Botswana Stock Exchange-listed local tourism and hospitality outfit said the gain will come in between 15 and 25% higher than the same period last year. In practical terms, the group says the improvement represents an additional P24 million to...
He was speaking this morning at the launch of Bofinet’s Delta Digital Data Centre in Gaborone.“I want the Act to compel businesses operating in Botswana to store their data in Botswana. This is the data sovereignty of the people. “There is...
Both BBS Bank and SCBB have dismissed the reports, describing them as “market speculation” and “rumours”. However, BusinessWeek is informed that BBS Bank has approached the Botswana Public Officers Pension Fund (BPOPF) for funding to support...
The amount punters lose after winnings are paid out rose to P250 million per annum, whilst betting on illegal and unregulated platforms surged even higher, reaching P500 million this year, according to fresh data from the Gambling Authority. The...
The latest Business Expectations Survey by the Bank of Botswana (BoB) indicates that the shift is reflected in the growing number of businesses relying on assets and retained earnings to fund operations and expansion plans, rather than taking on new...
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