Speaking recently at the launch of QFlo, a digital queuing solution developed by Creative Insights, he said in the modern economy, digital transformation is no longer optional but necessary for the nation’s progress. The junior minister also...
The observations were made by Deputy Permanent Secretary in the Ministry of Child Welfare and Basic Education, Kgopotso Ramoroka, who also underscored the importance of early exposure to these specialist subjects. “This graduation marks the...
Government has a long-term Rural Electrification Programme, which began in 1975 and has been the cornerstone of the country’s rural development strategy. By last August, 462 out of 565 villages were connected to the national grid, with detailed...
Gaolathe plans to spend P97.6 billion in the upcoming financial year, set against forecast revenues of P75.5 billion. The resultant expected deficit of P22.1 billion, if realised, will be the second largest in absolute terms in the country’s...
Under the past administration, government initiated a MICE strategy seeking to position the country as a premier destination for international meetings and conferences. Conservative estimates indicate that hundreds of millions of pula were spent on...
Whilst the country currently has the Pula Fund acting as a fiscal buffer and a store of reserves for future generations, experts have said the fund has structural weaknesses, which include the lack of commitments around deposits and poor control of...
The business community and experts shared their opinions during Access Bank Botswana’s inaugural Post Budget Speech breakfast seminar held in partnership with AccPro and Kgori Capital.The bank’s new chair, Boiki Tema, said that collaboration...
Local banks’ collective profits have broken historic records in two of the three years since the pandemic year of 2020, defying COVID-19 impacts and downturns in the economy. Nearly all entities in the sector are digitising and boosting their...
The initiative, dubbed Post4Health, aims to improve healthcare access through timely delivery of health supplies through specialised cold chain transportation. The value proposition of the service aims at enhancing cold logistics with newly...
Currently, MRI is owned by Botswana Medical Aid (Bomaid), the Motor Vehicle Accident Fund, and individuals. Bomaid, through its investment arm, Southview, holds the majority stake of MRI at 94%, whilst MVA Fund owns four percent and the individual...
He was deliberating at last week’s Mining Indaba in South Africa, under the topic, “For the people and prosperity-making beneficiation work for all”. “Mineral beneficiation policies are visible at the national level and not at the grass roots...
SBPs are key documents used in procurement that contain instructions and provisions to bidders and form the basis for expected offers or bids by providing the market with a clear idea of what is required by the procuring entity. Vice President and...
For the financial year 2024–2025, government had planned to spend a record P102.3 billion against revenues of P93.6 billion. The downturn in diamonds has meant that revenues have missed their forecasts by a wide mark, whilst the cutback in spending...
Last year’s performance is the worst since COVID-19 when sales dropped to P23.7 billion. However, in terms of percentage drop, the 46% fall in 2024 appears to be amongst the steepest on record.Debswana accounts for more than 95% of the country’s...
The negative expectations are mainly driven by dampened demand levels in international markets for commodities such as diamonds as well as geopolitical conflicts that have up-ticked the cost of inputs for enterprises.The central bank’s Business...
Both Marsh Botswana and Marsh Uganda are part of Marsh McLennan, the world’s leading insurance and risk group.In a statement, OLEA said the acquisition follows the two companies’ successful collaboration over the last five years and further...
The appointment of Mr Moseki is in accordance with the requirements of Section 13 of the Bank of Botswana Act, Cap 55:01 as read with Bank of Botswana (Amendment) Act, 2022, that empowers the President, in consultation with the Minister of Finance,...
This luxe greensward seven-star camp is set to position the area as one of the most exclusive and luxurious safari destinations in Africa, with a focus on providing guests with unparalleled comfort while maintaining a deep commitment to...
In a move that underscores its long-term commitment to the tourism sector, the group recently secured a 15-year lease renewal for the renowned Xugana Island Lodge from the Tawana Land Board. Additionally, discussions are at an advanced stage to...
This strategic expansion follows the successful opening of eight new stores during the recent review period, significantly enhancing the group’s market presence and share. The group's 26-week financial results outline that at the end of the...