The availability of free-floating stocks, or the shares available for trade in the exchange, result in higher liquidity in the market because players can actually have options to buy and sell. The local exchange has a requirement for all listed...
The link will run for about 120 kilometres from Mmamabula to Lephalale in Limpopo, before linking up with existing lines to run to Richard's Bay port terminal, with a possible future expansion to Mozambique.The latest available figures indicate...
The competition watchdog recently blocked NAP from finalising the P20 million deal saying the transaction raised 'competition issues' as NAP already has a robust retail presence in Maun. The CCA ruled that the proposed transaction is likely...
Gaborone will take centre stage again as the capital hosts the annual Global Expo Botswana (GEB2025) from October 8-11, 2025 under the theme, ‘Unlocking Botswana’s potential: Partnerships for Sustainable Growth’. According to the Botswana...
The hotel, which opened in mid-2024 in partnership with the Debswana Pension Fund, was expected to benefit from the mining town’s economic activity. However, reduced diamond sales have led to cost-cutting measures by the diamond miner, meaning that...
The tax agency beat its 2024-2025 collection target of P58.7 billion by raising P61.1 billion, helped by strong Value Added Tax (VAT) and receipts from the Southern African Customs Union (SACU). The target had initially been set at P71.3 billion, but...
The transaction, confirmed this week, forms part of Choppies Group’s ongoing strategy to streamline its operations and focus on more profitable regions. Choppies first entered the Zimbabwean market in 2013 by acquiring 10 Spar outlets from Modi’s...
The state-owned wholesale provider of national and international telecommunication infrastructure stated P100 million has been spent in a strategic initiative to upgrade the country’s internet gateway. BoFiNet added the projects are meant to usher...
Copper mines in the country exported P7 billion worth of the base metal in 2023, up from P4 billion in 2022.Recent Bank of Botswana figures show the extent to which both rising copper prices on the global market and improving local production, have...
The exchange says the current bond market is primarily accessible to institutional investors such as pension funds and large commercial entities.Retail bonds are an ‘IOU’ in which an investor agrees to loan money to an individual, company, or...
The annual national demand for milk currently stands at 65 million litres.In the 2023–2024 financial year, domestic milk production reached just 7.9 million litres, whilst imports amounted to 48.3 million litres, satisfying nearly 75% of annual...
Moody’s weekend decision follows a similar assessment by S&P Global Ratings last month. Moody’s and S&P are two of the three main credit ratings agencies whose opinions determine government’s cost of borrowing, as well as the country’s...
With a background in aviation, Mphato took a leap of faith in 2008 and ventured into a then-nascent industry. Determined to equip herself with the necessary skills, she enrolled in a travel agency school in Canada, where she balanced work and...
The company reported that revenues of P571.8 million were recorded during the period, which was better than the P561 million in 2023 rounding up with a profit before tax (PBT) of P174.5 million. RDC’s total asset value is now at P5.92 billion,...
Buoyed by the opening of the selling and buying centre, Letsema Horticultural Market (LHM) in September last year, the sector has seen growing participation, improved produce quality as well as increased public interest. LHM General Manager, Ratsela...
These women are the backbone of Botswana’s informal economy, and the local telecommunications giant’s initiative aimed to celebrate, support, and scale their efforts. The WConnect event served as a platform for networking, a space for...
Recently the national flag carrier celebrated travel agents, recognising their pivotal role in driving airline sales over the inaugural top 10 travel agents performance awards. During the awards ceremony, the airline’s CEO, Lulu Rasebotsa, stated...
The company last week expanded its citizen empowerment efforts with the launch of its 45th service station at Luke House in Molepolole. The leading global downstream energy business has placed the facility under the management of Lamont Loeto, a...
The Ministry of Finance had expected the economy to contract by 3.1 percent in 2024, while leading credit ratings agency, S&P, recently forecast a negative 3.3 percent performance. The International Monetary Fund, in its last update in November,...
The corporation remains optimistic despite past financial challenges, as revamped businesses within its portfolio have begun making positive contributions to revenue through increased sales activity.According to BDC Head of Corporate Affairs,...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
