Under government’s domestic note issuance programme, the BoB floats bonds and Treasury bills each month to raise debt for government in the capital market. The programme’s ceiling was raised to P55 billion early last year after the previous P30...
Sechaba’s share price closed the year 41.4% higher, leading to a generally strong year for the DCI in which all but three companies performed positively. Sechaba also recorded the BSE’s highest turnover for the year at P338.2 million. Turnover is...
According to figures released by the data agency last week, inflation closed the year at 1.7 percent, having started 2024 at 3.9 percent - the latter representing its highest point in the 12 months.Within the figures, annual food inflation generally...
The company’s arrival comes after securing a licence from the Botswana Gambling Authority, allowing it to operate in the country. In a statement last week, Betway said the establishment in Botswana is part of its strategy to tap into emerging...
Gaolathe and his technocrats are hammering out a tough 2025-26 budget, which is expected to carry an P11.4 billion deficit. The current financial year, which ends on March 31, is expected to show a shortfall of P18.6 billion, higher than even the...
Letshego’s board said Monyatsi was resigning to “pursue an external opportunity”.“The board and staff of Letshego would like to thank Monyatsi for his leadership and contribution. “He has set a strong foundation that we will continue to...
This week, consultants, including those in the legal fraternity, stepped up their calls for affected entities to engage them to conduct risk assessments and develop compliance strategies, as the Act finally kicked off after several extensions.The...
Speaking virtually at the Brookings Institute 'Foresight Africa 2025–2030' event held in Washington DC on Wednesday, Kenewendo said it was important that Africa, which hosts an estimated 30% of the world’s critical minerals, prepare...
According to Bank of Botswana data, the pula reached P14.14 against the dollar on Monday, the lowest level the local currency has dropped to against the greenback, before recovering slightly to end the day at P14.05 by press time on Wednesday.The...
This represents a 46% increase from the previous year’s P181 million and surpasses the pre-pandemic high of P176 million achieved in 2019–2020.The announcement highlights the resilience of Botswana’s aviation sector and CAAB’s strategic focus...
According to the 2025-2026 Budget Strategy Paper issued by the Finance Ministry, the e-billing pilot has been ongoing for three years and is scheduled to end by March. The ministry described the e-billing initiative as a key priority in the effort to...
The latest decision follows a series of extensions allowing local farmers to export live cattle to other countries, primarily South Africa, as the Botswana Meat Commission (BMC) has continued to face operational challenges. Live cattle sales were...
As the primary water source for Gaborone, the dam’s poor performance has drawn attention to deeper issues affecting water management in Botswana.At a media briefing on Friday, Water Utilities Corporation (WUC) CEO, Gaselemogwe Senai, attributed the...
The FSC is a multi-agency body, which is responsible for assessing vulnerabilities that could affect the resilience and stability of the local financial system. The Council is chaired by the Bank of Botswana and also includes the Ministry of Finance,...
The possible increase in the forecast budget deficit to P11.4 billion, from the original projection of P8.7 billion, as well as the likelihood of the deepest economic contraction since COVID-19, make 2025 a difficult year for Batswana.Whilst the...
According to the last official figures, the country’s foreign reserves managed by the BoB declined to P56.1 billion in October 2024 from P64.9 billion in October 2023, due mainly to the decline in rough diamond sales.The prolonged decline in...
The Gross Domestic Product (GDP), which is an aggregate measure of the value of goods and services produced within the country, has been negative for three consecutive quarters in 2024, as Botswana’s economic mainstay sectors remained subdued.Data...
A government statement seen this week indicates that Kganetsano’s appointment was with effect from December 31.The monetary policy expert was appointed deputy governor in February 2021, rising from being the director of the Research and Financial...
The uptick in copper and nickel exports is on the back of rising local production and escalating prices of the metals, which are both eagerly sought after in the global energy transition.According to the latest figures from the Bank of Botswana,...
The waters are familiar because ever since minerals began to dominate values produced in the country decades ago, the economy became joined at the hip with the cyclical fluctuations of minerals, particularly diamonds.Prior to that, cycles in the...
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