In a recent announcement, the Minerals and Energy ministry confirmed that Jindal had beaten other shortlisted firms, who include Minergy Limited and Sese Power, to a contract which is conservatively estimated at more than $1 billion (P12.9...
Speaking at the 2022 Association of African Development and Finance Institutions (AADFI) CEO’s forum, Gare said with the increasingly limited resources from governments, DFIs are now expected to mobilise resources to meet the fiscal gaps and...
BTTE, which has been held annually since 2013, is a business-to-business forum where global wholesalers and retailers meet with local tourism operators. BTTE will host 28 countries from across Africa, Europe, the USA, Asia, and Australia through...
This year the hackathon saw the participation of young Batswana innovators create sustainable digital businesses that will address the challenges facing the agricultural sector, AgriTech.Participating teams presented their solution to a panel of...
Manase holds a Bachelor of Science in Biochemistry, a degree she obtained from the University of Botswana. Manase told BusinessMonitor that she started her business three months back after realising that a lot of people in the city are living an...
Mooki told BusinessWeek that Knight Frank is a global leader in the real estate consultancy space and he brings in a wealth of knowledge in the local industry that will pair with the global network the company offers.“We will be looking to provide...
Since the Integrated Support Programme for Arable Agriculture Development (ISPAAD)'s inception in 2008, tractor owners say government has been paying them P1,160 per hectare for their ploughing services.However, the Botswana Tractor Association...
The companies won grant funding of up to $100,000 each as part of the African Youth Adaptation Solutions Challenge competition. In addition to the grant, each winner benefits from a 12-month accelerator programme to help them grow their businesses,...
The loan will be the second and last in a series which produced the $250 million (P3.2 billion) funding in June 2021, a rare instance of direct budget support from the World Bank to Botswana. Both sets of funding are known as “development policy...
The 50-bedroomed four-star facility will take 14 months to be completed and is scheduled to be open by the end of 2023.Speaking during the groundbreaking ceremony yesterday, Cresta Marakanelo Managing Director, Mokwena Morulane, said the development...
According to officials, the new product ensures that a deceased’s estate has enough cash available to pay for expenses that become due and payable upon death, such as taxes, legal fees, and executor fees.Botswana Life CEO Ronald Samuels said...
Dr Thomas Gilbert, one such individual who followed suit when the opportunity presented itself, started producing cooking oil called Afri Sunflower which was showcased at Ditshupo Hall, at the 2022 Global Expo early this month.BusinessMonitor caught...
According to the group’s unaudited results for the six months ended September 30, 2022, the corporation attributed the decrease to an increase in operating expenses and financing costs.The group’s operating costs also increased year on year on...
Irvine’s Botswana, a BITC-accredited company established in 2001, has the primary aim of supplying COB500 day-old broiler chicks targeting small and large-scale farmers in responding to the gap in the market.The company set up a hatchery in...
After 40 years as a tourism player, Wilderness Safaris will now just be called Wilderness. The re-branding comes at a time when the company is just recovering from the COVID-19 effects.Speaking during the launch, Okavango Wilderness Safaris Board...
For weeks, Orange Botswana has been teasing a product known as “N’stakolle” which is apparently being offered to certain customers of Orange Money, the cellphone group’s widely popular mobile money wing.While Orange is yet to formally launch...
In a partnership with the Sustainable Energy Botswana – Sturdee Consortium, the $6 million (P78 million) project will greatly reduce the university’s current reliance on grid electricity and help it move into the green energy arena.The solar...
Fitch is forecasting an average annual growth rate of 13.2% in audio-visual, camera, and computer spending by local consumers over the 2022–2026 period. This will take spending from P2.2 billion this year, to P3.5 billion by 2026.Similarly,...
The deal represents one of the biggest fundraising rounds for the exploration of the remote Kalahari, a relatively unexplored area of the country, hidden under thick sands but believed to contain large amounts of mineral riches, including base metals...
According to the 2021 GCR report, Old Mutual Short-Term Insurance Botswana national scale was rated AA while the country’s international financial strength was rated at BB and national scale financial strength was rated AA.The rating hence reflects...