In a statement, the organisation revealed that this year’s conference will be held under the theme ‘Redefining Tourism Strategies to Reshape the Botswana Tourism Landscape.’ This year’s gathering signals a decisive shift towards innovation,...
BBS, the country’s only indigenous bank, has swung between periods of losses and profits in the three years since it kicked off commercial banking operations, a period executives describe as formative, transformational and associated with set-up...
The development comes at a time when the Bank of Botswana has eased licensing requirements for commercial banks and deposit-taking institutions, a move widely seen as an effort to encourage new entrants into the financial services industry.Despite...
The company has unveiled its health insurance offering, with plans starting from as little as P76 per month, as it targets a largely underserved segment of formally employed Batswana who remain outside private healthcare cover.Alpha Direct’s entry...
This enhancement marks a significant step toward strengthening digital payment security and enabling more confident e-commerce transactions.As online shopping continues to grow, so does the need for stronger protection against fraud and unauthorized...
Bank of Botswana figures released recently indicate that assets held by the country’s pension funds reached P167.2 billion in December, with about P76 billion held domestically and the balance offshore.Under NBFIRA’s amended investment rules,...
The tender, approved by the Ministry of Finance on March 27, will run for three years and covers the provision of digital wallets and the disbursement of student allowances, a significant banking contract.For over two decades, FNBB has managed...
The economy averted a major slowdown due to 8.2% growth in the third quarter, driven by diamond production ramping up in anticipation of mining maintenance plans.The fourth quarter of 2025 recorded a year-on-year decline of 5.4%, mainly due to lower...
BusinessWeek is informed that interest has been noted from local financial-sector institutions, as well as regional players, but the Bank has declined to confirm. Standard Chartered Bank Botswana, commonly known as StanChart, has said that all...
The Corporation’s recently released interims indicate that priority sectors will include agriculture, health, manufacturing, renewable energy, financial services, real estate, tourism, creative economy, education, media, and technology.Directors...
The group posted pretax profits of P476.1 million, up from P48.4 million recorded in the prior year, with the recovery driven by rising contributions from its operating units across insurance and regional investments.BIHL is a diversified entity that...
The move signals heightened regulatory attention on the cost of essential goods, as households increasingly raise concerns over what they perceive to be steep and, in some cases, uniform price hikes across major retailers. According to the Authority,...
The partnership will see large-scale branding of taxis and combis across the country, alongside the onboarding of public transport operators onto Orange Money DuelaEasy merchant accounts. The dual approach is designed to formalise and modernise...
He was speaking this week in Francistown, where the bank first opened its doors in the country. The country’s oldest bank is exploring the sale of its full business, rather than just its Wealth and Retail Business (WRB) unit, which had been on the...
The Botswana Energy Regulatory Authority (BERA) on Friday announced it raised the retail price of unleaded petrol 95 by P5.05 thebe per litre, diesel by P8.77 thebe, and illuminating paraffin by P1.5 thebe. The increase comes at a time when consumers...
Figures released by Statistics Botswana indicate that softer imports of diamonds for the year also contributed to the improved numbers. Under the agreement with De Beers, Botswana imports diamonds from the company’s mines around the world, which...
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...
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