The Cairo-headquartered supranational, of which Botswana is a member, offered the three-year country programme in 2022, but talks eventually broke down, reportedly over terms. In 2024, the bank, with assets approaching $45 billion, said it was still...
The property group, which owns assets such as Chobe Marina Lodge and Masa Square Centre in Gaborone, to name a few, said the disposals, concluded at an eight percent premium to book value, form part of a deliberate shift to improve portfolio quality...
In the latest episode, the bank facilitated a conversation with Bespoke Real Estate Advisory (BREAD), Chief Executive Officer (CEO), Dabilo Mokoni and Local Enterprise Authority (LEA) acting Head of Corporate Affairs, Boipuso Nyatshane, focusing on...
The amount sought by the central bank is amongst the highest in recent months, as fiscal authorities continue to fight to balance weak and uneven revenues, with recurrent obligations in the public finance ecosystem.The auction of three Treasury Bills...
As tensions continue to rise in the Middle East with the crucial Strait of Hormuz restricted affecting fuel supply, Kenewendo updated Parliament today on the status of fuel security.In her statement, Kenewendo revealed that fuel security remains...
Speaking at the Tax Pitso last week, the tax veteran said the gap meant that a substantial portion of revenue that should be funding national priorities is not being realised. He added that no system, law, or institution could address the situation...
The group consolidated its loan book to P11.7 billion, despite exits from key markets in East and West Africa.The homegrown pan-African microlender reported a consolidated loss after tax of P235.5 million for the full year ended December 2025,...
Figures released by Statistics Botswana recently indicate that the rate of increase of prices of vegetables and meat decelerated in February, while other key items remained robust or rising. The 12 months to February, the average prices of oils and...
The country's pension funds, valued at over P166 billion, have been eyed by policymakers as a possible driver of economic growth if channelled to domestic assets to support the country's economic plans. Recently, during the Botswana Pensions...
In a cautionary announcement to the Botswana Stock Exchange (BSE) , the retailer said it expects profit after tax from total operations to decline by between four percent and 14%, while profit from continuing operations is projected to fall more...
In line with this vision, Cabinet approved the National Research Agenda in July 2025. Communications and Innovation minister, David Tshere, apprised legislators that already P9.5 million has been spent on 45 research projects during the 2025-2026...
The latest Grant Thornton’s International Business Report (IBR) on Women in Business 2026 released last week shows strong representation of females in senior roles, while also signalling the need for greater visibility and intentional leadership...
The new head office was officially opened last Thursday. Located at Sebele Lifestyle Office Park in Gaborone, the new hub brings together the group’s head office functions, call centre, delivery hub coordination, and Training Academy under one...
It was revealed during the National Public Procurement Pitso that Botswana’s public procurement system processed P33.5 billion in spending over the past year, placing renewed focus on its central role in the economy even as concerns persist over...
Several celebrities wore the Desert Diamonds “beacon” of jewellery collection launched by De Beers. A beacon is a jewellery concept that enables various industry players to participate in a category marketing initiative.Desert Diamond was De...
Despite growing calls for the private sector to take a leading role in driving development, the rise in unsolicited proposals is exposing gaps in the procurement framework. Officials say that whilst the Public Procurement Act of 2021, administered by...
The country’s commercial banks are amongst the economy’s most consistently profitable sectors, defying periods of downtrends and weaknesses over the years. Bank of Botswana figures indicate that whilst the banks largely skated through the three...
The transaction, which has been notified to the Competition and Consumer Authority (CCA), involves Peacevale acquiring key assets tied to FirstCred’s micro-lending and insurance agency operations. The deal has been structured as an asset purchase,...
Botswana Unified Revenue Service (BURS) Commissioner General, Phodiso Valashia, said the country can no longer rely on traditional revenue streams and must urgently strengthen its tax base as it takes on a greater share of financing its own...
The Botswana Energy Regulatory Authority (BERA) maintains a slate, which is a formula calculating the costs involved in supplying and distributing various forms of fuel within the country. Every month, BERA looks at the movements of the various...
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