In a statement this afternoon, the firm said the power plant will generate predictable revenues from a 25-year Power Purchase Agreement (PPA) with the Botswana Power Corporation. Scatec owns 100% of the project, but expects to reduce its long-term...
This forecast guided the central bank’s Monetary Policy Committee (MPC) to maintain the Monetary Policy Rate at 3.5 percent in its meeting held here last week.Giving an update of the MPC’s deliberations, Moseki said that although inflation is...
Last Monday, the state investment agency unveiled support for full studio production, project management, digital distribution preparation, and promotional rollout.Speaking at the event, BDC managing director, Oteng Keabetswe, said the...
According to the central bank figures, household arrears to commercial banks were measured at P3.89 billion in September, from P3.8 billion in August, indicating stability in the key banking indicator.Despite the tighter economic conditions, which...
According to the regional seed giant’s interim results for the half-year ended September 30 2025, earnings went up 15% from US$40 million (about P530m) registered during the same period last year to US$46 million (about P610m). Group Chief...
In a move that underscores its ongoing confidence in the future of natural diamonds, the Canadian diamond mining company announced it has signed a lateral development contract with Group R Mining and Exploration Botswana. The agreement covers all...
When addressing dignitaries and members of the community during the opening of a new branch here, Ntsima said that the branch is a testament to the agency’s commitment to entrepreneurship development and economic development.He further said that...
This initiative comes at a pivotal moment. During the recent State of the Nation Address (SONA), government announced plans to launch an SMME Fund through the Botswana Stock Exchange, signaling a bold step to include SMEs in the march toward shared...
The two agencies have engaged the Botswana Communications Regulatory Authority (BOCRA) and Botswana Fibre Networks (BoFiNet) to use their technical expertise and software to block the Internet Protocol (IP) addresses of the illegal online betting...
According to figures published by the Bank of Botswana (BoB), which is government’s agent in the capital market, the highest bid received for the various bonds offered in the monthly auctions has been ticking up over the months.Whilst the central...
The telecomms group defied a general contraction in the economy over the same period, as its continued investment in network modernisation paid off.According to BTCL’s results released to the Botswana Stock Exchange this week, revenues over the...
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...
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