The data agency, which is responsible for collecting and disseminating all official statistics in the country, revealed that vehicle imports from the Asian giant accounted for more than half of all motor vehicle registrations during the fourth...
In a notice this week, Mt Burgess officials said Forrester passed away last Friday about a week after resigning as chairman and CEO. Forrester and his wife, Jan, previously told Mmegi how they had sunk their own savings, including selling their...
The prolonged decline in diamond receipts, coupled with steady imports and the lack of other strong foreign currency earners, has meant a slide in the foreign exchange reserves, of which the Pula Fund is the main anchor.Foreign exchange reserves that...
The contract is scheduled to commence at the beginning of July 2025 and will run until 2030 marking a significant long-term investment in the country’s growing copper sector. JCHX will assume operations from Barminco, an Australian contractor that...
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...
Announced on Wednesday, the funding will support the Governance and Economic Resilience Support Programme (GERSP), a one-year general budget support operation for the 2025–2026 fiscal year. The initiative comes at a time when Botswana faces...
Despite the chunky deficit the entity maintained optimism in its investment pipeline with two transactions valued over P300 million supposedly at legal close stage.A recently published annual report of BDC showed major gaps in meeting its investment...
Government is counting on its domestic debt programme to primarily support the forecast P22.1 billion deficit for the 2025–2026 financial year, with external loans playing a smaller role.However, bidders at the monthly auctions of the government...
Tauyagae Farms, an innovative agricultural company based in Tonota, has emerged as a national leader in sustainable farming through its pioneering work with safflower, a drought-tolerant, climate-resilient oilseed crop.Founded in 2012 by Dikakanyo...
Speaking at a recent Poultry Expo in Gaborone, the company’s executives stated that Botswana’s poultry market is a blue ocean with room for expansion and new entrants. Irvine’s Group CEO, Craig Irvine, said they are changing lives in Africa by...
The fully citizen-owned software development company, which is based in Gaborone, has since its formation positioned itself as a provider of practical digital tools tailored for the Botswana market and addressing operational inefficiencies faced by...
The 26-kilometre tarred Capricorn Road, which is being funded by Jindal Africa, is expected to improve logistics, enhance rural access, and serve as a transport corridor for the coal-based power station that is under development. The road is a...
The app is designed to make purchase of ticket seamless and more accessible for passengers travelling on key routes within Botswana. The launch was officiated by Assistant Minister of Transport and Public Infrastructure, Keoagile Atamelang.He...
The Botswana Tourism stall stood in the middle of the hall filled with 27 other participating countries, notably the blue, black, and white flag under the stewardship of Botswana Tourism pavilion buzzed with activity.More than just a stand, it was a...
The initiative is supported by an €850,000 grant from the German government, channelled through the GIZ/International Climate Initiative (IKI) Small Grants programme.The funding has enabled smallholder farmers to adopt solar-powered solutions,...
This week, BBS Bank and Access Bank joined Absa Bank Botswana and Stanbic Bank Botswana in increasing their prime lending rates, the first time commercial banks have uncoupled from the Bank of Botswana’s interest rate guidance since the freedom to...
Whilst healthcare remains a sector dominated by public investments, it is a growing area attracting private capital as frustrations over the public healthcare system continue to mount.ALC will now be the majority shareholder in Medlane and hopes to...
Speaking at the ongoing Africa’s Travel Indaba in Durban, leaders stressed that joint efforts are vital to unlock the continent’s tourism potential.“Gone are the days when we viewed each other as competitors,” Zambia’s Minister of Tourism,...
About 39 local operators will participate at the Indaba which is expected to attract an estimated 9,000 delegates over the course of the show.The event will officially be opened by South Africa’s Deputy President, Paul Mashatile, while Minister of...
With diamonds, the mainstay sector of Botswana’s economy, remaining protracted with no clear recovery in sight, government faces dwindling revenues that is burning up savings held by the Bank of Botswana (BoB) known as the GIA.Government has been...