The April deficit is the eighth successive month of shortfalls in the country’s merchandise trade balance, the measure of exports and imports of goods. Statistics Botswana revised the March deficit to P363.7 million from an initial estimate of P2.5...
The event is designed to highlight mining-supported manufacturing ventures and provide a crucial networking platform for emerging entrepreneurs.Briefing journalists on Tuesday, BCM's CEO, Charles Siwawa, stressed that the summit’s focus is on...
Inspired by the haute couture concept, the business is not just about baking; it’s about making each creation a stylish statement. In an interview with BusinessMonitor, Couture Confections’ representative, Amogelang Modisane, said the company...
The initiative kicked off with a group of students from Naledi Senior Secondary School, marking the beginning of a nationwide effort to engage and mentor the next generation of leaders. The ‘Future Leader Day’ programme offers basic education...
The DPF is a defined contribution pension fund established in 1984 as a trust through a joint initiative between Debswana, Anglo American Corporation Botswana, and De Beers Prospecting Botswana with key investments in property, equity, bonds and...
FCB Botswana is part of the FMB Capital Holdings, a Malawi-born but Mauritius headquartered financial group with other operations in Malawi, Mozambique, Zambia and Zimbabwe.According to the results made available last week, FCB Botswana enjoyed a...
Phatshwane was addressing the media last Thursday after a tour of the mine. Botash is the largest producer of natural sodium products in Africa, currently producing soda ash and salt. The production capacity for soda ash is 300,000 tonnes per annum...
In a public notice last Friday that directors stressed was not an offer or an undertaking to make an offer, RDC Properties’ directors said the group was potentially looking at offering PrimeTime investors 0.6875 RDC units for every one PrimeTime...
Government’s bond programme, also known as the domestic note issuance programme, allows the BoB to raise debt from the local capital market on behalf of government, through the issuance of treasury bills and bonds.The programme, which was increased...
In a commentary accompanying the group’s recent results, directors said the financial year had begun with a lot of uncertainty regarding inflation and interest rates across the globe which negatively impacted investment markets. However, as the...
The Mercer 2024 Cost of Living Index ranked Gaborone number 215 in the list, suggesting the capital is amongst the cheapest in the world. The index is based on the dollar's cost of a basket of goods and services which include food, transport, and...
The BTCL, which has one of highest concentrations of retail investors on the BSE, previously reached today's high of P1.02 on December 16, 2019.In today's trade, 30,200 shares traded hands for a combined value of P30,804 over three...
A high powered team from the Cairo-headquartered bank spent days in the country two years ago hammering out the details of the proposed funding, which was intended to be spread out over three years.However, no firm ground could be found, with reports...
Growth narrowed to 2.7% last year from 5.5% in 2022, due largely to a downturn in diamond mining in the second half of 2023, as global uncertainties and market issues dampened the retail market.During a briefing on Tuesday, the Bank’s director of...
Botswana was ranked 55th out of 67 countries assessed, rising from the previous year’s position of 59. Botswana emerged above African titans such as South Africa, Nigeria and Ghana.Though similar to the World Economic Forum’s (WEF) more...
Launched to enhance Botswana’s export capacity, the Botswana Export Development Programme (BEDP) aims to equip local businesses and entrepreneurs with the skills and knowledge needed to compete effectively in international markets.The BEDP focuses...
Statistics Botswana figures indicate that the annual rate of inflation was slightly softer in May owing to base effects associated with the movement of prices in the corresponding period last year.Statistics Botswana’s data analysis revealed that...
In an announcement to investors via the Botswana Stock Exchange (BSE), BTCL directors said pretax profits for the year were expected to be between 32% and 37% higher than the P148.5 million recorded in the year ended March 2023. The results are due...
According to the apex bank, at its sitting the BoB’s Monetary Policy Committee (MPC) decided to reduce the Monetary Policy Rate (MPR) by 25 basis points to 2.15%. The move means that borrowers on variable rate loans such as personal and credit card...
This was revealed by representatives of various companies who gathered for the recently ended Future of Mining Summit. Going forward, many mining companies are now setting their eyes on international shores to expand their nets and get more customers...