The growth was largely attributed to a robust expansion in the asset base and a significant P24.4 million contribution from BSB Insurance Services to the Group’s overall performance.According to group executives, a recalibrated sales strategy...
The Pan-African Payment and Settlement System (PAPSS) is a centralised platform that enables participating African countries and their currencies to make payments across the continent’s borders, without the added costs of conversion to hard...
He made the plea during a thought-provoking session held at the Botswana Digital and Innovation Hub (BDIH) last week. Selolwane, who was addressing a room full of emerging business leaders during the Botswana Stage Programme, urged entrepreneurs to...
The move comes as more than 38% of PrimeTime unitholders had already provided irrevocable undertakings to reject the offer, signalling strong investor resistance to the proposed transaction. RDC, the Botswana Stock Exchange-listed diversified...
The programme aims to fast‑track 31 locally-owned small, micro, and medium enterprises (SMME).Anchored by MIT’s Kuo Sharper Innovation Centre, the initiative began with a three‑day bootcamp at BDIH’s headquarters, signalling Botswana’s...
Over two decades, the Maun-based outlet has drawn repeatedly on Citizen Entrepreneurial Development Agency (CEDA) funding to grow, adapt, and ultimately fortify its service to the local community. The company’s inaugural CEDA loan of P350,000...
The company’s 2024 annual report showed that it recorded revenue of P384.7 million for the year under review, reflecting a year-on-year decline of P15.5 million or four percent compared to 2023. It blamed the decline to reduced occupancies in the...
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...
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