One such intervention is the recently launched National Fodder Strategy, which was developed by the Ministry of Lands and Agriculture in partnership with the Food and Agriculture Organisation (FAO), an United Nations agency. Officials said the plan...
Prime Minister of the mountain kingdom, Samuel Matekane said the two neighbouring states should leverage their diamond resources to build downstream industries capable of generating jobs, skills and export earnings. “Mining has long been a defining...
Fabtech Technologies, a Mumbai, India-based group listed on the National Stock Exchange of India Limited, announced the award of the contract this week, as part of its disclosure obligations.“Under the project scope, Fabtech will deliver advanced...
The Local Enterprise Authority (LEA) recently concluded nationwide consultations on the proposal after the ministry tasked it to gather views and recommendations from stakeholders within the SMME ecosystem.Speaking during a stakeholder engagement...
The group has had to take a knock on the valuation of the Jwaneng hotel as occupancy levels plunge, following another year of poor performance.The hospitality and leisure chain has had to write down the value of Cresta Jwaneng by over P14.1 million,...
The revelation emerged at the inaugural Northern Mining Summit, held in Letlhakane recently under the theme “Unlocking Northern Botswana’s Mining Potential for Sustainable Growth”.Debswana Orapa Letlhakane and Damtshaa general manager,...
Banks are also battling a prolonged liquidity crunch which has required some to temporarily pause lending activities and focus on balance sheet stability.In its May report released this week, the Financial Stability Council (FSC) said annual growth...
The product, launched last week by Hatshe-Lentle Multipurpose Cooperative (HLMC) in partnership with Poso Insure, aims protect farmers and strengthen community resilience while ensuring that local communities continue to benefit from the fruits of...
Hence government interventions fail to help such small enterprises participate and contribute meaningfully to the economy. In a bid to address these shortcomings, Lore Innovator is organising a series of training initiatives aimed at training...
The initiative was set up with the objective of attracting, retaining and expanding air connectivity to the country and to promote increased air connectivity to Botswana by securing air route retention, expansions, and introductions through strategic...
A hearing has been set for August 28.The companies involved are BIC Insurance and Old Mutual Insurance. Together with a previous respondent, Hollard Insurance, which has since reached a settlement with the CCA, the three firms account for...
Known as Ikaegeng XTL, the ambitious multi-billion-pula project has been in the works for more than a decade, which is seen as a transformational step towards fuel self-sufficiency. A previous attempt by government to self-finance the project was...
In the year ended December 2025, Absa Bank Botswana expected credit losses reached P110 million, rising by 22% from last year’s P89 million. The significant rise was anchored on projections that households will not be able to afford monthly loan...
In a recent research report, Emmanuel Kwapong, Economist Africa at Standard Chartered, said the Middle East conflict was likely to worsen the country’s existing macroeconomic challenges, which largely emanate from the prolonged weakness in...
The conference commenced yesterday, with the official opening taking place today and presided over by Botswana’s Vice President Ndaba Gaolathe.The event has attracted approximately 450 delegates, including representatives from more than 50...
Generally, upward movements in the foreign reserves are influenced by greater inflows such as diamond earnings, policy changes as well as the onboarding of hard currency denominated debt.Preliminary data shared by the Bank of Botswana (BoB) indicates...
The pair, through their company Sunlux Solar, has been operating as suppliers and installers of solar lighting products for several years, are now transitioning into full-scale manufacturing. On Thursday, they officially broke ground for a P14...
The property investment group said in a statement accompanying the interim results for the period that profits rose by 67% to P31 million from P18.5 million in the corresponding period last year. It noted the significant increase in profitability was...
The project, known as New Botswana City, will be developed through a partnership involving the Botswana Development Corporation (BDC) and UAE-based AlBaddad Group, with the first phase centred on a 124,000-square-metre international convention and...
The strategy, which was recently approved by the company's board, outlines the insurer's vision to strengthen its position in local insurance industry while responding to changing customer needs and a rapidly evolving business environment. At...