Multiple media outlets in South Africa and locally reported that the homegrown grocer was taking its final dance in the neighbouring country’s market by exiting its remaining counters. Last week, Choppies clarified the position, saying it has no...
The three new Personal Banking Customer Value Propositions, anchored by Private Banking, Kamogelo, and Youth Accounts, are part of the statutory bank’s ongoing transformation under the Lesedi 2025 Strategy. The strategy focuses on making banking...
This bold step, which could redefine safari tourism in Botswana, comes on the back of decades characterised by the deep rumble of diesel engines that have been part of the African safari soundtrack. Now, Chobe Game Lodge, located on the banks of the...
The central bank, government’s agent in the local capital market, has generally missed its fundraising targets at each of the monthly auctions of government-backed treasury bills and bonds since July last year.The auctions have been hit by...
The amendments were initially passed by Parliament last year and mark an increase from the 15% government had the right to purchase in new mining operations.A 24% equity is significant because it gives enough power to protect the minority partners’...
The plans come as government considers alternative financing mechanisms for healthcare away from the traditional annual budget.The draft of the National Development Plan (NDP) 12 contains proposals by government to deter excessive consumption of...
Data shared on Wednesday by Statistics Botswana indicates that inflation rose to 3.7 percent in September, from 1.4 percent in August, confirming expectations by the Bank of Botswana and various other economic commentators.The major driver of higher...
Bank of Botswana figures show that between January and June, the value of the pension funds rose by less than three percent due to a sharp drop recorded in March when the figures sank to P145.9 billion from P152.7 billion in Feb. The decrease was...
The deal marks the full deployment of ALC’s Fund 1.The value of the investment and specifics on the size of the Bayport remain undisclosed as the equity holders seek to keep the value of their stock private."We are acquiring a minority stake in...
Her perfumed, hygienic wash that was designed to meet the demands of modern households and businesses is already making waves in Botswana’s personal and household care sector. She explains that the idea for the business came from a dream,...
Minister of Labour and Home Affairs, Pius Mokgware said the project symbolises more than just infrastructure as it also represents a nation’s determination to manage its own future.He said reliable electricity is essential for any country that...
The forward-looking initiative, which aims to drive industrialisation, investment and job creation, received close to 7,000 ideas, although less than 200 were picked. Officials told the inaugural Pula Investment Conference, held alongside the Global...
While industry leaders are calling for bold innovation in property investment, systemic challenges in land administration continue to hinder progress and erode investor confidence. At the recent real estate conference and expo hosted by Letlole La...
Botala directors said the decision marks a significant vote of confidence in the commercial and technical potential of the Serowe CBM Project, following an in-depth review by MDCB. The investment will be made under Section 40 of the Mines and...
One in three Batswana have expressed pessimism over the ability to meet their financial obligations, and are now turning to “side gigs” to make ends meet.A report by leading credit bureau TransUnion, covering the second quarter of this year,...
The eagerly-awaited power project, one of the two final coal-fired plants planned for the country, is being developed as an Independent Power Project with Jindal carrying the costs of building the power station, running and maintaining it, whilst...
Drogba’s appointment as 'Global Ambassador' was made by Zotus Group CEO Davison Simango during the Pula Global Expo 2025 Conference, held alongside the Global Expo Botswana.The Kalahari City project, located at Junction 44, promises to...
Preliminary data released by the Bank of Botswana shows that diamond exports began the year significantly weaker, being measured at P7.8 billion in the first quarter, compared to P11.7 billion over the corresponding period last year. However, in the...
Corporate and civil-society leaders stressed that Botswana’s workforce is constrained not by educational attainment but by limited access to guided professional development. Whilst tertiary enrolment exceeds 60%, youth unemployment remains high at...
The regulator engaged the sector as part of a broader push to ensure that communication services in the country remain affordable and aligned with the country’s digital transformation agenda. BOCRA said in a media release that the move followed a...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
