The planned upgrade includes the construction of a new blending and filling laboratory, as well as the establishment of an antigen bank.The new plant is expected to boost production capacity as BVI eyes expansion into the Middle Eastern markets.The...
The impairment provision marks a stark increase from the provision of P8 million for the half year in 2024, highlighting the bank’s rising concern over credit risk in the current economic cycle, as well as the ability of customers to service loans...
Business confidence has deteriorated in recent surveys, with enterprises bracing for tougher trading conditions than in 2025. The latest survey points to mounting cost pressures, particularly on materials, utilities, rent and transport at a time when...
The central bank’s achievement came at a cost as yields rose across the spectrum of notes on offer, rising by as much as 152 basis points, according to Kgori Capital calculations.The auction on February 27 saw the 2043 bond being over-allotted at...
The agreement, signed on Friday, paves the way for the full refurbishment and operational revival of the facility, which has remained dormant for eight years. University authorities say the development marks a significant milestone in unlocking the...
Officials said there are already greenshoots in research and development, curriculum review, and human capital advancement, reinforcing the importance of academia industry collaboration in strengthening Botswana’s mining sector after the two teamed...
Industry insiders in the purchase order financing space have revealed to MonitorBusiness that they have experienced year on year decline in profits mainly driven by declining sales and intense competition from commercial banks that once upon a time...
Mphoeng Mphoeng, Partner and Director at MP Consultants, told a recent panel discussion at the inaugural Budget Belief Dialogue hosted by First Capital Bank that the decline has left the Treasury with no choice but to look for options. “The...
The two-day event, which transformed the school into a vibrant hub of innovation, was strategically designed as a structured pipeline to identify commercially viable technology solutions and high-potential engineering talent. During the hackathon,...
A downturn in diamond sales and associated productivity since the third quarter of 2023 has largely been responsible for two consecutive contractions in the economy. The slowdown has also deepened budget deficits, drained government savings,...
The Bank’s managing director, Sheperd Aisam, said Access’ strategy centres on connecting local talent, enterprise and innovation to regional and global markets."As Botswana accelerates its transition towards a more diversified, non-mining...
The transformation of Botswana Accountancy College into Botswana School of Business Sciences, approved by the Botswana Qualifications Authority and effective January 15, 2026, comes as the institution celebrates 30 years of existence.Founded in 1996...
This stance is made possible by expectations that inflation will remain within the three to six percent range this year.Presenting the 2026 Monetary Policy Statement earlier today, central bank governor, Lesego Moseki, hinted that banks were required...
Final Gross Domestic Product (GDP) are due to be released on March 31. However, projections contained in documents published by the Finance Ministry as part of the budget speech process, indicate that the non-mining sector will continue its steady...
The new initiative seeks to position the institution as a leading regional hybrid bank that merges the developmental mandate of a Development Finance Institution (DFI) with the capabilities of a commercial bank. NDB CEO, Ogone Madisa, said the new...
Directors have revealed that during the 2024 financial year alone, the mine contributed approximately P4 billion through wages, taxes, royalties and payments to local suppliers. This is a sizeable injection at a time when government revenue streams...
Unveiled last week, the project is led by Messidor Investments in partnership with the Botswana Public Officers Pension Fund (BPOPF), Letsema Property Fund and Botswana Railways. The development is positioned as part of a broader strategy to combine...
In his keynote address, LEA Caretaker Chief Executive Officer Thato Jensen linked the workshop to Botswana’s broader economic diversification drive, noting that agriculture and agro-processing are increasingly viewed as strategic engines of export...
In its latest report, the bank disclosed that there was a growing strain within Botswana’s small and medium enterprise (SME) sector, with only P84 million drawn from an approved P200 million purchase order (PO) financing facility at year-end,...
The enactment of higher tax rates for personal income, corporates and the International Financial Services Centre (IFSC) companies, as well as the reduction in the number of goods and services zero-rated for VAT, is also expected to boost...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
