This luxe greensward seven-star camp is set to position the area as one of the most exclusive and luxurious safari destinations in Africa, with a focus on providing guests with unparalleled comfort while maintaining a deep commitment to...
In a move that underscores its long-term commitment to the tourism sector, the group recently secured a 15-year lease renewal for the renowned Xugana Island Lodge from the Tawana Land Board. Additionally, discussions are at an advanced stage to...
This strategic expansion follows the successful opening of eight new stores during the recent review period, significantly enhancing the group’s market presence and share. The group's 26-week financial results outline that at the end of the...
Officials said the collaboration will provide critical data to businesses, policymakers, and stakeholders, and in the process ensure that economic decisions are backed by solid evidence and contributing to the country’s overall growth. “This...
United Chem, the brains behind local washing powder brand CHAM, shipped their product valued at P2.5 million to the lucrative regional market. The milestone, according to investment promotion agencies, does not only signal the growing demand for the...
Bank of Botswana (BoB) figures show that by November, the pension funds held total assets of P151.3 billion.Under the updated Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Pension Fund Rules, local pension funds are required to...
The Public Investment Programme (PIP), which is the core of every National Development Plan (NDP) and which details the projects to be developed in each NDP, the expected cost and the source of funding, has for decades been funded solely by...
The event is designed to expand Massmart’s supplier network for its Builders Warehouse, Cash & Carry, Game, and Makro stores, with a focus on engaging manufacturers, assemblers, and growers based in Africa.According to Walmart’s Executive Vice...
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...
The profits mark a seven percent increase from the P204.8 million recorded over the same period last year.According to results released this week, Botswana contributed the most at 67%, followed by Namibia at 27%, Lesotho at five percent, and Zambia...
"The Government of the Republic of Botswana (“GRB”) and De Beers Group (“De Beers”) are pleased to announce the successful conclusion of negotiations focused on establishing a new sales agreement for Debswana’s rough diamond production, as...
Statistics Botswana figures released this week show that the shortfall between the value of goods imported and exported by the country reached P6.8 billion last November, the worst monthly figure since the diamond downturn began in late 2023. Imports...
Established in 2017, the business has grown from humble beginnings to become a household name for its home-brewed gemere, water and ice cube packaging. Behind this thriving venture is founder Laone Pamela Ranthoyakgale, whose entrepreneurial journey...
The beauty parlour, which operates under the name Ice Queen Beauty Parlour, is situated near Riverside Hospital, House No. 374/5 in the Francistown CBD. Maphane told BusinessMonitor that she has been running the rewarding business since October 2018....
Vice President Ndaba Gaolathe told the recent Budget Pitso for general stakeholders that the next budget, which is expected to be delivered next month, will focus on rebuilding the strength of the country’s financial buffers. “The 2025/2026...
He made the warning when responding to a suggestion from Business Botswana officials to lower corporate taxes so as to stimulate activity in the business environment. However, in his response, the minister said government was rather mulling over...
Under the law, tender committees in ministries and parastatals have far higher spending thresholds than local authorities and land boards.The PPRA’s recently released Annual Report showed that public entities performed dismally in areas such as...
Under the Trade Act 2003 and regulations issued in 2008, licences for petrol filling stations are reserved for citizens and wholly citizen-owned companies.However, fronting which involves foreigners working with citizens intermediaries to give the...
In a notice to the Johannesburg Stock Exchange this week, Tongaat Hulett directors said a sale agreement with the incoming investor Vision Parties had been concluded for the shares in Tongaat Hulett Botswana on January 18. Tongaat Hulett Botswana is...
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...
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