The eagerly-awaited power project, one of the two final coal-fired plants planned for the country, is being developed as an Independent Power Project with Jindal carrying the costs of building the power station, running and maintaining it, whilst...
Drogba’s appointment as 'Global Ambassador' was made by Zotus Group CEO Davison Simango during the Pula Global Expo 2025 Conference, held alongside the Global Expo Botswana.The Kalahari City project, located at Junction 44, promises to...
Preliminary data released by the Bank of Botswana shows that diamond exports began the year significantly weaker, being measured at P7.8 billion in the first quarter, compared to P11.7 billion over the corresponding period last year. However, in the...
Corporate and civil-society leaders stressed that Botswana’s workforce is constrained not by educational attainment but by limited access to guided professional development. Whilst tertiary enrolment exceeds 60%, youth unemployment remains high at...
The regulator engaged the sector as part of a broader push to ensure that communication services in the country remain affordable and aligned with the country’s digital transformation agenda. BOCRA said in a media release that the move followed a...
On the other hand, its total revenue grew marginally by one percent to P485 million, while operating profit nearly doubled, supported by cost containment measures and new project rollouts.The parastatal recorded a pretax profit of P12 million during...
General Manager for Debswana's Orapa, Letlhakane, and Damtshaa Mines (OLDM), Mogakolodi Maoketsa, stated at recent media training that the new project has not been abandoned. “We have not suspended Cut 3. Timelines are continuously reviewed in...
In April, the IMF forecast a 0.4 percent contraction, again based on the performance of diamonds. The Finance Ministry, in its last projections, said it expects the economy to contract by 0.4 percent.In a statement following meetings with local...
Rental prices followed suit, climbing to an average of P5,000, enriching investors but pushing home ownership further out of reach for the average Motswana.Property prices have been rising across all segments particularly the residential market in...
A data centre is a physical location that stores computing machines and their related hardware equipment. The facilities are critical to delivering online services and key business applications for organisations worldwide, utilsing a network of...
Traditionally, the diamond industry records its highest sales each year between Thanksgiving in the United States and the Chinese New Year, as couples get engaged, married and people exchange gifts over the festive period.The US accounts for more...
Amendments to the Value Added Tax Act passed by Parliament in August are awaiting assent by President Duma Boko. The Botswana Unified Revenue Service (BURS) is meanwhile working around the clock to prepare for the changes, with deputy secretary of...
OLDM General Manager, Mogakolodi Maoketsa, said the industry has been challenged by the increasing appeal of synthetic diamonds, higher extraction costs, and slower economic growth in major markets.“People are buying synthetic diamonds at lower...
In a statement, officials said the group’s performance reflects continued strategic momentum and operational resilience, underpinned by its long-standing commitment to people-driven growth.“Our performance this half-year is a testament to the...
Since its establishment in Botswana, F&G has specialised in tobacco leaf extraction, flavour creation, and the production of ethyl maltol, a key compound widely used in flavouring across industries. Over the years, the company has successfully...
A statement seen by Mmegi indicates that Angola's state-owned diamond miner, Endiama, has submitted a "fully financed offer to acquire a strategic minority stake in De Beers".Angola believes De Beers’ future depends on remaining a...
Preliminary figures from Statistics Botswana released this week indicate that the second quarter of the year jumped to a P1.6 billion surplus, following a string of deficits for all the quarters up to the Q2, 2023. In the first quarter of the year,...
According to the bank’s half-year ended June 2025, it expanded customer loans by nine percent year-on-year, with total loans and advances up 15% to P23.9 billion, hence defying tougher operating conditions. On the other hand, Stanbic’s customer...
This year’s edition attracted over 112,000 physical and virtual visitors from 132 countries, alongside 958 registered buyers and 2,148 exhibitors and culminated in a record US$48.3 billion in agreements. Former President of Nigeria and Chairman of...
The government investment-promoting agency, which is hosting Global Expo Botswana 2025 in October, has announced a significant local response to its call for investment-ready projects. BITC stated it has received approximately 131 submissions from...
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