The Botswana Stock Exchange-listed company reported a 30% surge in PBT from P200 million in the previous year to P259 million, underscoring improved operational efficiency despite pressure on margins. BTCL’s total revenue for its audited results...
Whilst government had previously been confident about increasing its stake, it has now retracted to silence leaving room for speculation for market watchers.Recently, during the future of mining summit held in Gaborone, the Minister of Minerals and...
Gaolathe, who is also the Finance Minister, attended the OPEC Fund’s Development Forum earlier this month as part of his engagements with investors and funding partners.A statement released by the OPEC Fund says the loan complements a package from...
The pan-African financial services provider, headquartered and listed in Botswana, has achieved a significant reduction in non-performing loans (NPL) and improved collections across its loan book. As of December 2024, the Group’s NPL ratio dropped...
The bank's loans-to-deposit ratio stood above 100%, indicating that the bank had maxed out its deposit on lending and now had to turn to external sources for funding of other loans. Whilst the bank demonstrated robust growth in its loan book and...
Jason Miller, widely recognised as Trump’s right-hand man and a key adviser in his 2016, 2020 and 2024 election campaigns, told more than 3,000 delegates at the Afreximbank Annual Meetings yesterday that much had changed in the countries benefiting...
. The development comes following the approval of funding by Citizen Entrepreneurial Development Agency (CEDA). The warehouse brings the number of CEDA-backed projects under Bet-fam Group to two with the first loan having had supported a retail...
The partnership, which was kick started when the two organisations signed a Memorandum of Understanding (MoU) recently, aims to address persistent challenges faced by local suppliers, especially around access to finance and market entry. Officials...
The partnership, which was kick started when the two organisations signed a Memorandum of Understanding (MoU) recently, aims to address persistent challenges faced by local suppliers, especially around access to finance and market entry.Officials...
According to officials of the eco-tourism company, the facility will provide hands-on training in vegetable farming, seedling production and beekeeping, with an annual output of over 10,000 seedlings.The multi-million pula initiative is part of...
The deal was confirmed by the Competition and Consumer Authority (CCA), which approved the transaction with conditions aimed at protecting jobs and maintaining market competition. NTS Holdings, a locally incorporated company, has since 2009 held a...
Speaking at the inaugural Liberty Life Annuity Conference held last Friday, Managing Director Joy Buno said Botswana must move beyond seeing retirement as a personal issue and start treating it as a national economic concern. The conference brought...
The country has dropped to 59th position out of the 69 economic surveyed in 2025, falling from the 55th place out of the 67 countries in 2024.The IMD report revealed that Botswana’s overall competitiveness score declined to 46.12 in 2025, compared...
When complete, the Jwaneng Underground Project, popularly known as the JUP, will create the world’s largest underground diamond operation, involving 360 kilometres of tunnels.Starting in 2034 and going up to at least 2054, the project will bring up...
This week, Minerals and Energy Minister Bogolo Kenewendoa said efforts are ongoing to find solutions for Minergy, whose Masama Coal Mine in Medie is the country’s second colliery after Morupule Coal Mine.Government recently converted its...
Botswana Life hosted its 2nd Annual Employee Benefits Convention this week under the theme “Transforming Employee Benefits Through Creative Solutions for Long-Term Sustainability.”The event brought together senior executives, finance directors,...
In a statement, OWS officials said the event would be held from June 26 to 27 in Maun. The officials said the Expo stands as a testament to OWS's enduring commitment to building a sustainable tourism value chain anchored in citizen economic...
The agreement comes as a lifeline for the country’s struggling meat industry and marks a rare win for the sector that has faced years of financial instability and declining output. The deal, confirmed by Minister of International Relations Dr....
According to officials, the agricultural sub sector currently produces 112,000 tonnes of horticultural produce annually, signaling substantial progress towards self-sufficiency. However, challenges such as stagnant cultivated land, slow irrigation...
The Doctors Inn Private Hospital, which has become the first licensed private day hospital in Maun, offers a consolidated range of services to the larger public in the vast district. The offerings amongst others include general medicine, surgery,...
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