While the central bank did not give reasons for the decline, analysts expect that the downtrend is linked to the tighter liquidity experienced in the financial sector, amidst the broader contraction in the economy. The lower figures could also be...
According to the group's 2025 annual report, its geographic diversification strategy has significantly reshaped the revenue structure, with local portfolio now contributing a minority share of overall income. The shift comes as South Africa and...
This was revealed by CEO of the research and technology organisation, Professor Julius Atlhopheng, when appearing before Parliament’s Statutory Bodies Committee last week. He told Parliamentarians that the institute is making notable progress in...
In a cautionary announcement published on the Botswana Stock Exchange this week, the safari and hospitality group said its profit before tax is expected to increase by between 17% and 27% compared to the previous financial year.The projected jump...
The four-star game lodge, which is situated on the banks of the Chobe River in Kasane, was destroyed following the devastating fire that broke out on November 2024. The Botswana Stock Exchange-listed real estate company stated in its 2025 annual...
The bank participated as the official financial partner for the annual Women Evolve event, a platform that brought together women entrepreneurs, professionals, business leaders and aspiring innovators under the theme “Women Evolve in Business and...
The latest revelations come after the recent Auditor General report flagged P197 million in unaccounted for funds at BAMB. The funds were disbursed by government to BAMB to help procure produce from local farmers in order to restock the Strategic...
Last year, Air Botswana welcomed the Embraer E175, in what the then-management labelled as a push for regional expansion with the opening of new routes such as Gaborone-Cape Town. Now the airline says it will lease out the jet alongside the Embraer...
The country's annual usage of the gas has soared above 21 kilogrammes, as more rural consumers switch from firewood. However, the sector has been unregulated in terms of pricing and with just five importers responsible for all the products coming...
The residential segment, which has seen growing valuations and rentals in the past years, particularly in the greater Gaborone area, is expected to experience a decline in pricing as developers may struggle to get affordable loans to buy or develop...
Huawei Botswana Managing Director, Li Dalu, added that his company has contributed to this progress through the provision of network infrastructure, cloud platforms, enterprise solutions, and skills development initiatives. However, he stressed that...
The move coincides with the company’s celebration of a decade of operations in the country.At the centre of the new offering is Secure360, an integrated cyber security framework designed to help organisations transition from reactive responses to...
It is said that bilateral trade between Gaborone and Kigali has declined significantly over the past five years, prompting renewed efforts by both nations to strengthen economic cooperation and unlock new trade and investment opportunities. However,...
The launch marks a milestone in BTC’s transformation journey as the company seeks to deepen its role in supporting businesses, government institutions, and organisations through advanced digital services and technology-driven solutions.BTC Business...
Household credit has been sluggish since late last year, with other economic agents like businesses in both the services and manufacturing industries taking fewer loans, whilst some with existing loans continue to default.Economic data released by...
Effective May 31, 2026, the listed hotelier will officially hand over operations of the property to the Botsalo-Nsunge family, the owners of the hotel. The transition will see the hotel operating under the new name, Botsalo Hotel, while maintaining...
The arrears figures steadied to P6.6 billion in February, a level roughly representing the average in 2025. In January, most of the arrears, or 32 percent, were classified as “specific provision” meaning dues that are over 180 days old and...
Whilst established to ensure cost-effective public service delivery or facilitation, SOEs, also known as parastatals, have become significant weights on the budget, losing hundreds of millions of pula each year, after gobbling billions more for their...
Since October last year, the BoB has restricted banks from increasing their prime lending rates, the benchmark rate against which other credit products and services are priced within banks.The move came after a sharp upswing in interest rates amongst...
The recent Hospitality and Tourism Association of Botswana (HATAB) conference held in Kasane provided tourism players with their first opportunity to engage government on its plans for a 24-hour economy. Speaking at the conference, Assistant Minister...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
