According to the latest estimates, revenues in 2025–2026 amounted to P70 billion against spending of P86.3 billion. By comparison, the last projections from the Finance ministry, as made in the February budget speech, pointed to revenues of P71.2...
The partnership, formalised through a Memorandum of Understanding (MoU) signed on Tuesday, brings together MCM’s supply chain and industrial ecosystem with CEDA’s mandate to develop, capacitate, and finance citizen entrepreneurs.For MCM, the...
MCM closed Motheo in March 2024, as weak coal prices weighed down on operational costs at the Palapye-based facility. At the time, officials cited “significant challenges due to ongoing volatility in both international and regional coal...
A banking licence would lower Letshego’s cost of funds and rebuild margins squeezed by years of taking beatings in East and West African markets.The banking application license follows botched plans in 2018 when the group at the time chose to...
Statistics Botswana figures released recently indicate that aircraft movements in the first quarter of the year reached 14,667 from 13,745 in the prior corresponding period. While on a quarter by quarter basis, both passenger volumes and movements in...
As a result, Minister of Lands and Agriculture, Dr Edwin Dikoloti has urged practitioners to participate meaningfully in consultations on the proposed amendments and understand the importance of the reforms. “This is important because the integrity...
One such endeavour is new administration’s Agricultural Financing Strategy which seeks to shift focus from fragmented, subsidy-dependent interventions towards a market-driven system designed to attract private investment. The initiative was...
First National Bank Botswana, the country’s largest bank by all metrics, expects its pretax profits for the full year ended June 2026 to rise by as much as P235 million. The bank reported pretax profits of P1.9 billion in the year ended June...
The latest Business Expectations Survey by the Bank of Botswana, which sampled more than 100 firms from 13 sectors of the economy, found that firms highlighted the increasing cost of capital and tightening collateral requirements as a major factor...
Financial hubs are not created overnight. They are built through strong institutions, credible regulation and policy consistency that inspire investor confidence. Botswana has spent decades laying exactly those foundations, and today it stands at an...
The development was announced recently during a stakeholder engagement on the implementation of the Infant Industry Protection measure in support of industrial development in the country.Speaking during the engagement, the Minister of Trade and...
Under the agreement, which was formalised through a Memorandum of Agreement (MOA), working capital and supply chain financing challenges will be addressed while strengthening supplier development, investment readiness and market access for local...
industrialisation priorities. It has been revealed that the standards cover blue and processed hides and skins from bovine animals, sheep, goats and buffalo, as well as finished leather products such as belts and bags. Answering a question in...
Last week, in a podcast interview with journalist Spencer Mogapi, Finance Minister Ndaba Gaolathe said Botswana was receiving unparalleled expressions of interest in energy, surpassing interest in any other sector, with investors standing ready with...
Under the government’s domestic note issuance programme, the Bank of Botswana acting as the ministry’s agent in the capital market, auctions Treasury Bills and bonds every month to raise debt funding for the budget.The ministry has increased the...
They want real-time visibility, faster execution, and a level of service that feels effortless. At the same time, regulation has not eased; if anything, it has become more demanding. Governance, Risk and Compliance expectations continue to grow in...
Although revenue declined from P485 million recorded in 2024, BoFiNet CEO Dr Geoffrey Seleka said the organisation remained profitable without government subvention for the fifth consecutive year, highlighting its financial resilience and commercial...
Mukuru, established 21 years ago, serves more than 17 million customers and processes over 100 million transactions across Southern, East, and West Africa as well as key global corridors. The group specialises in digital fintech services, which...
The two parastatals signed a Memorandum of Understanding on Monday, with officials vowing to step up their efforts in curbing the illicit trade in fuel.Investigations by authorities have shown that illicit and undeclared fuel is being regularly...
On August 28, the central bank will offer the three- and six-month Treasury Bills seeking P2.5 billion, as well as three long-term bonds looking for P600 million. In general, the central bank has been using the shorter-maturing TBs to refinance...
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