The third-quarter survey by the credit risk firm found that the proportion of consumers reporting a decline in household income over the previous three months rose from 30% in 2025 to 39% in 2026, whilst those reporting income growth fell from 33% to...
Speaking at the group’s Evening of Appreciation in Gaborone last week, Group Managing Director Lawrence Nazare said the company’s decision to establish its holding company in Botswana reflected a commitment to deepen its roots in the country,...
As competition for deposits remained stiff in the banking sector, BBS Limited saw its interest expense rise more than 47%, eating into returns at a time when the bank slowed down its credit output due to weaknesses in the market. BBS Bank’s...
BECI CEO, Segametsi Sethantsho, said the institution’s next chapter would focus on strengthening partnerships, improving businesses’ capacity to manage credit and risk and facilitating access to finance and new markets.Sethantsho said BECI’s...
The BPC is one of a handful of local entities that subscribe to international credit ratings, which determine their cost of borrowings. In a statement, Moody’s researchers said the upgrade to stable was reflective of the fact that the...
According to the homegrown pan-African microlender, it seeks to raise P800 million from existing shareholders through a rights offer aimed at strengthening the group’s financial position, reducing holding-company debt and supporting its strategic...
The Green Mark, launched by the government’s investment promotion agency, provides businesses across sectors with an opportunity to showcase their sustainability efforts. It also aims to strengthen the competitiveness of these enterprises and...
The level of assets in July compares to P176.4 billion in June. Bank of Botswana figures indicate that much of the growth in pension fund assets this year has come from offshore equities, whose value rose from P70.9 billion in January to P76.4...
SAN FRANCISCO: Two secular trends will shape finance in the years ahead, one powered from the bottom up by transformative technological innovations, and the other from the top down by geoeconomic influences. Managing each will require major...
President Duma Boko and Minerals and Energy minister, Bogolo Kenewendo, headlined a high-profile event under the House of Botswana banner in New York last week, as part of continuing efforts to support a rebound in the precious stones.“We are...
The fund’s AUM increased from P11.85 billion in March 2026, whilst its overall investment portfolio delivered a quarterly return of seven percent. The DPF is the country’s second largest pension fund in terms of assets.In an update to members,...
The numbers are contained in wealth intelligence firm New World Wealth’s latest Africa Wealth Report, the continent’s most comprehensive assessment of incomes at country, city and individual level. Researchers analyse household income statistics,...
According to the Botswana Investment and Trade Centre (BITC), which helped launch the shop in 2023, sales reached P714,153.60 during the period driven by surge in demand in the third quarter. The #PushaBW Store, located at Sir Seretse Khama...
The app has also successfully onboarded over 41 establishments into the app in a bid to enhance customer convenience.Wanzy, which began commercial operations in May 2025, has attracted more than 3,000 active customers, according to figures released...
The event is designed to address some of the practical challenges entrepreneurs face when moving from an idea to a commercially viable enterprise. Transition Media, who are organising the summit, explained the summit was developed in response to a...
Bard Santner Investors, a subsidiary of the company, is specifically dealing with the process.In its investment note with an October 2 deadline, Bard Santner Investors (BSI), describing itself as "your trusted partner in Zimbabwe to access the...
In a statement, directors said the facility, known as the Global Energy And Fertilizer Crisis Response Framework also includes an additional $960 million in concessional funding from the African Development Bank. Directors noted that the ongoing...
Both the Bank of Botswana (BoB), which regulates commercial banks, and the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), which oversees retirement funds, believe more pension capital should move beyond bank deposits into longer-term...
During the financial year, tourism emerged as the leading sector for FDI, followed by energy, services, mining, manufacturing and agribusiness, highlighting continued foreign investor interest across key areas of the economy. South Africa, Ethiopia,...
The planned supply relationship could connect Selebi-Phikwe Citrus’ expanding orchards with Schweppes’ proposed agro-processing operation, creating a local value chain stretching from commercial fruit production to beverage...
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