This initiative aims to empower women entrepreneurs by providing funding, mentorship, and access to key industry networks. The Women in Tech Accelerator is part of Futuremakers by Standard Chartered, the bank’s global youth economic empowerment...
Following years of extensive research on the Botswana market, company officials this week revealed that the company has sold its first store at Gaborone’s The Fields Mall with other interested franchisees expected to pave a roadmap for expanding...
The Online Business Registration System (OBRS) will be taken down from March 11 to 18, as part of the upgrading to the new system.Senior CIPA officials told BusinessWeek that besides the eagerly anticipated changes around beneficial owners, the new...
This week Botswana Police Service officials revealed that they currently have zero cases recorded involving cryptocurrency illicit financial transactions, due to a lack of capacity.This swims against the tide of alarms raised by the financial...
South Africa’s unemployment rate recently decreased by 1.4 percent, offering some relief, but challenges remain, particularly as AI automates tasks once performed by humans. The implications of this shift were a key focus at the recent Meetings...
Under the terms of the deal, as published on the Australian Securities Exchange last week, BHP has committed to financing Cobre Limited for exploration expenditure at the Kitlanya Projects, located in both the north and south of the...
Following years of extensive research on the Botswana market, company officials last week met with interested franchisees to pave a roadmap for expanding into the local market. According to the company’s CEO, Chris Wheeler, they have been eyeing an...
In a filing on the exchange, the property group assured its shareholders that updates will be provided as developments unfold. The investigation, which began in October last year, led to the national bourse ordering RDC to suspend publishing,...
. As of November 2024, the development finance institution had funded 841 businesses for a total investment of P229 million. This support primarily benefited the services (50%), agribusiness (24%), property (16%), and manufacturing (10%) sectors,...
The branch boasts of self-service kiosks and cash deposit automated teller machines for quick and hassle-free transactions, coupled with high-speed fibre-optic connectivity to support seamless digital banking interactions and a dedicated loan centre...
The listed group noted in the 2024 full year results that it registered a profit before tax of P232 million, which was offset by tax amounts of P302 million that led to losses of P70 million. Speaking at the audited financial results announcement,...
The trade balance, or the relationship between imports and exports of goods, has been in negative territory since at least September 2023 when diamond sales began to slow down and eventually sank due to factors including Chinese market weakness and...
The Bank of Botswana (BoB) released about P1.8 billion to banks in December, as liquidity dried up in the market because of a slowdown in government spending related to the prolonged diamond slump.The situation has not abated this year and could...
Organisers said small businesses are growing because they are consistently invited to exhibit at such events, allowing them to showcase their products and services to a wider market.At this year’s Meetings Africa, the 113 SMMEs were among the more...
BVI, known for producing vaccines for diseases such as Foot-and-Mouth, has positioned itself as a trusted supplier in the region.Briefing participants during the Botswana-Uganda virtual trade mission this week, Botswana Investment and Trade Centre...
Household borrowing, the main revenue driver for commercial banks and a bellwether of economic activity, has been growing steadily, supported by the Bank of Botswana (BoB) cuts in interest rates.Central bank figures contained in the January Botswana...
Having observed the country’s economy for the past five years, the speech was perhaps one of the more detailed budget speeches delivered. However, the proof will lie in the subsequent actions taken and the results achieved.Botswana continues to...
The diamond company has in this regard issued an Expression of Interest (EOI) inviting bids for partnerships in the development of a national Repair and Rebuild Centre. It has also engaged other mining companies to support the project by committing...
They are also seen as crucial as they bring together decision-makers, and in the process enable businesses to establish new relationships and reinforce existing ones. The observations were made as industry players concluded the Meetings Africa 2025,...
The announcement comes after government’s decision to halt its flagship Chema Chema private sector fund, The government had in the past injected P200 million as funding for the SMEs later raising it to P500 million in an effort to support the...