The study comes as the country’s retail fuel sector faces growing concerns of overcapacity, with instances where some filling stations receive licences and open a few metres away from each other.Statistics Botswana data on transport and...
S&P is due to unveil a ratings decision on the country in September, following a historic downgrade in March, which landed Botswana just one notch above junk status. Junk status is the level at which sovereign debt is considered speculative by...
According to Kgori Capital trend analysis, yields generally fell across the two Treasury Bills and three bonds offered at the May 26 action. The government notes settled at yields as much as 105 basis points lower than the prior auction.At the...
Since legislative changes that saw the parastatal being awarded a 90% import monopoly of petroleum products into the country, its financial performance has been on the upswing, with management expecting to declare growing dividends for the third...
In a recent notice to shareholders, the group said it would seek their approval on June 19 to advance with the sale to Axian Digital Venture Holding and Management Limited.The assets in the deal are Letshego Ghana Savings and Loans PLC, Letshego...
The JCK Show, held in Las Vegas, annually brings together thousands of delegates from across the global diamond industry to both showcase and trade in the precious stones, while also engaging with the issues facing their industry.The House of...
This was revealed at the Second Metallurgy Hub Consultative Forum held recently in Selebi-Phikwe.Assistant Minister of Trade and Entrepreneurship, Baratiwa Mathoothe, said the country has already moved beyond planning stages and is now entering full...
The tax agency is, therefore, seeking to collect approximately P450 million a year in revenue through the taxation. It follows the announcement that the Remote Service VAT Act will officially come into effect on June 1, 2026, introducing a 14% Value...
The mineral-rich nation is making efforts to reposition herself from a resource-exporting economy to a competitive industrial and manufacturing hub. This strategic shift was reinforced at a recent Second Metallurgy Hub Consultative Forum held in...
This was revealed by Botswana Investment and Trade Centre’s Chief Operations Officer, Anthony Sefako, last week. Speaking at Thursday’s Botswana-South Africa Business Forum, he said the two economies remain deeply interconnected through banking...
Appearing before the Parliamentary Committee of Statutory Bodies on Tuesday, SPEDU acting Chief Executive Officer, Othata Batsetswe, revealed that the closure of the companies between 2021 and 2025 resulted in losses amounting to P79.8 million and...
The central bank’s latest Business Expectations Survey (BES) covering the period between the first quarter of the year, the second quarter and through to March 2027, found that the difficult, broader economic conditions were weighing down on local...
Credit growth has generally been under pressure in the last two years, as the diamond downturn has weighed on the economy, specifically triggering a liquidity crunch in the banking sector. Bank of Botswana figures indicate that credit growth rose to...
The programme will run for four years from February 2026 to February 2030.Launched by the International Trade Centre (ITC), the programme will focus primarily on ecotourism and horticulture value chains. These sectors were selected due to their...
This comes as the initiative is strengthening its role as a major driver of digital skills development and youth empowerment in the country, with more than 4,300 people having benefited since its establishment. Operating under the Orange Foundation,...
Appearing before the Parliamentary Standing Committee on Statutory Bodies and State Enterprises, BPC CEO, David Kgoboko said the national power utility was facing mounting financial pressure as it continued to sell electricity at prices that do not...
The balance sheet for WUC shows that the corporation is sitting on over P19 billion in liabilities, the bulk of these attributable to a listed bond as well as bad credit that has been sitting on the parastatal’s books. Government alone owes the...
The case follows an attempt in February by Bowwood and Main No 296 Pty Ltd to take control of THB via a successful ex parte application before the High Court. The order was for a general notarial bond over the assets of Tongaat Hulett held in...
According to the bank’s unaudited financial results for the year ended December 31, 2025, gross loans increased to P6.75 billion from P5.95 billion recorded in the previous year, reflecting continued expansion in lending activities across key...
Botswana is amongst the leading partners in the Luanda Accord, a platform formed last year with several other African diamond-producing nations as well as companies and industry bodies, to jointly market natural diamonds.The joint industry-wide...
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