The disease, which was detected last month, has disrupted the country’s access to lucrative European Union (EU) markets, which it had long enjoyed under the EU-SADC Economic Partnership Agreement (EPA). This quota-free and duty-free arrangement has...
Speaking at the 41st annual Hospitality and Tourism Association of Botswana (HATAB) conference in Maun last week, Minister of Environment and Tourism Wynter Mmolotsi said tourism has been identified as a key pillar under the Botswana Economic...
The World Economic Outlook, published recently as part of the IMF’s Spring Meetings in Washington DC, indicates that the institution is optimistic about the country’s outlook, despite the recent contractionary trend in the economy.IMF researchers...
The proposed transaction remains subject to regulatory approvals, and until completion, Engen Botswana will continue to operate as normal, a statement released last week reads.The acquisition is being undertaken through Fusion Spark Proprietary...
Debswana has reportedly received preliminary board-level approval for its diversification strategy, which seeks to leverage the group’s expertise, non-diamond assets and interests into broader ventures beyond diamond mining.Previously released...
Announced in Gaborone last week, the service is set to roll out in phases, beginning with liquor deliveries from four Pick n Pay Liquor stores in the capital.Under the offering, customers can expect orders to arrive within an hour, with grocery...
The organisation’s comments come as it engages with government on the pressures around oil prices, as a result of the Middle East conflict. Business Botswana officials said the organisation had met with Trade and Entrepreneurship permanent...
Last week, the Assistant Minister of Trade and Entrepreneurship Baratiwa Mathoothe responding on behalf of Acting Minister of Lands and Agriculture, told Members of Parliament that turmeric farming is costly, which has limited participation. “A...
Under the latest offering, Ka Metlha Funeral Cover, the insurer’s customers can choose who to cover; either themselves, their spouses, children, parents or even extended family. Officials said the product allows policyholders to cover up to 17...
South Africa’s membership is expected to influence economies far beyond the Southern African region, extending into East, West, and North Africa.Afreximbank’s headline commitment of $11 billion not only aligns with South Africa’s National...
In a cautionary statement to the bourse, the company attributed the decline largely to reduced fair value gains on its investment property portfolio, reflecting shifting market dynamics in Botswana’s real estate sector. “The decrease is primarily...
Senior officials confirmed to BusinessWeek that the group, which is 90% owned by the French government, is moving ahead with various activities geared at kickstarting exploration activities in the country.“Orano has submitted applications for...
A recently released National Money Laundering and Terrorist Financing Risk Assessment report by the Non-Banking Financial Authority Regulatory Authority (NBIFIRA) uncovered that Botswana’s real estate sector is being exploited as a haven for...
Officials said a key pillar of the strategy is the integration of AI into platforms such as Max It, enabling the use of local languages and making digital services more accessible and inclusive for users across different markets.“We are leveraging...
According to officials of the oil and energy outfit, the application is designed to improve customer experience by turning every purchase into a rewarding opportunity, allowing customers to earn rewards on fuel and shopping transactions at Puma...
The assessment, coordinated by the country's financial authorities, including the central bank and enforcement agencies such as the Financial Intelligence Authority (FIA), consolidates sector-level risks into a single national framework. This...
At the core of Orange Botswana’s strategy is a focus on network excellence and digital ecosystem expansion.Speaking on the sidelines of the Orange communications seminar, Orange Botswana Chief Marketing Officer (CMO) Yves Famien told...
In a statement, the organisation revealed that this year’s conference will be held under the theme ‘Redefining Tourism Strategies to Reshape the Botswana Tourism Landscape.’ This year’s gathering signals a decisive shift towards innovation,...
BBS, the country’s only indigenous bank, has swung between periods of losses and profits in the three years since it kicked off commercial banking operations, a period executives describe as formative, transformational and associated with set-up...
The development comes at a time when the Bank of Botswana has eased licensing requirements for commercial banks and deposit-taking institutions, a move widely seen as an effort to encourage new entrants into the financial services industry.Despite...
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