About 39 local operators will participate at the Indaba which is expected to attract an estimated 9,000 delegates over the course of the show.The event will officially be opened by South Africa’s Deputy President, Paul Mashatile, while Minister of...
With diamonds, the mainstay sector of Botswana’s economy, remaining protracted with no clear recovery in sight, government faces dwindling revenues that is burning up savings held by the Bank of Botswana (BoB) known as the GIA.Government has been...
This follows a comprehensive ruling by the BSE regulatory committee, which had been probing the hostile takeover from October last year until this month.In a six-page ruling issued publicly this week, the BSE’s committee not only cleared RDC...
The conference will take place alongside Global Expo Botswana, scheduled for October 8–11, 2025, under the theme: 'Driving economic growth through investment, trade and enterprise development'.Unlike traditional approaches focused solely on...
Absa Bank Botswana, Stanbic Bank Botswana, and BBS Bank raised their lending rates by between 75 and 100 basis points, as the impact of a long-running liquidity crunch in the local capital market came to bear.Since April 2023, banks have been able to...
The Business Expectations Survey (BES) for March shows that firms are however more optimistic about business conditions in the 12-month period to March 2026, compared to the first and second quarter of 2025, which could be attributed to government...
According to the country’s gambling regulator, six licencees have already commenced operations while one has withdrawn with the remaining three expected to start operating soon. Speaking at the Betxplosion launch on Friday, GA Board chairman,...
The figures on trade receivables, or money it is owed by its customers, were released as part of the Botswana Stock Exchange listed group’s financial results for the six-month period ending January 2025. "The spike in receivables, net of impairment...
Economic researchers at local economic consultancy firm, Econsult, conclude that diamond market prices are set to rise under the Trump administration mainly driven by proposed reciprocatory tariff plans. Currently, Botswana’s diamond exports to the...
With this latest acquisition, Air Botswana signals a renewed commitment to enhancing passenger experience, operational efficiency, and expanding its regional footprint. The E145 is expected to service short-to-medium-haul routes, aligning with the...
The forecasts add more fret to existing market worries on prospects for the country’s economy. Econsult, headed by former Bank of Botswana Deputy Governor, Dr Keith Jefferis, extrapolates that the economic output will remain as the economies main...
The firm pointed to the rising frequency and severity of floods and other natural disasters as a growing concern for insurance operations and for policyholders.In recent months, Botswana has experienced unusually heavy rainfall resulting in...
NIU snapped up Phoenix last year for $15 million (P205 million), after an extended period of the liquidators and government looking for takeover partners for the operation. Phoenix’s sister operation, Selkirk, was purchased by Premium Nickel...
Figures from the central bank show that bidders for the government treasury bills and bonds on offer at the April 24 auction, were particularly reluctant to take up notes at the longer end of the spectrum, potentially signalling some concerns about...
According to Bank of Botswana (BoB) data, average liquidity in March increased from a shortfall of P305 million to an excess of P764 million, providing a temporary respite to the tight liquidity conditions that have plagued the banking sector for...
In a statement released to shareholders and the market on the Botswana Stock Exchange website, the bank reiterated its earlier cautionary announcements, first issued on November 27, 2024, that the potential sale could have a material impact on the...
Diamond sales have plummeted in Botswana in recent years leading to a rescind in the Gross Domestic Product (GDP) of the country resulting in an economic crises. As a way to resuscitate the economy and identify more stable sectors to contribute...
Established in 2019, the brewery has seamlessly blended traditional brewing techniques with a conservation-driven mission producing over 1, 000 litres of beer. Providing the media with the tour of facility organised by Avani Resort and Casino, an...
The MICE strategy was implemented by the previous regime aimed at bringing international business into Botswana and generate income through hosting of conferences, meetings, incentives, and exhibitions. In recent years Botswana has hosted several...
Mark Norwell, the CEO of Perenti which majority owns Barminco, was quoted this week as saying the company’s returns from the Khoemacau contract were less than target. Norwell reportedly said Barminco must maintain its” commercial discipline to...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
