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...
On the other hand, its total revenue grew marginally by one percent to P485 million, while operating profit nearly doubled, supported by cost containment measures and new project rollouts.The parastatal recorded a pretax profit of P12 million during...
General Manager for Debswana's Orapa, Letlhakane, and Damtshaa Mines (OLDM), Mogakolodi Maoketsa, stated at recent media training that the new project has not been abandoned. “We have not suspended Cut 3. Timelines are continuously reviewed in...
In April, the IMF forecast a 0.4 percent contraction, again based on the performance of diamonds. The Finance Ministry, in its last projections, said it expects the economy to contract by 0.4 percent.In a statement following meetings with local...
Rental prices followed suit, climbing to an average of P5,000, enriching investors but pushing home ownership further out of reach for the average Motswana.Property prices have been rising across all segments particularly the residential market in...
A data centre is a physical location that stores computing machines and their related hardware equipment. The facilities are critical to delivering online services and key business applications for organisations worldwide, utilsing a network of...
Traditionally, the diamond industry records its highest sales each year between Thanksgiving in the United States and the Chinese New Year, as couples get engaged, married and people exchange gifts over the festive period.The US accounts for more...
Amendments to the Value Added Tax Act passed by Parliament in August are awaiting assent by President Duma Boko. The Botswana Unified Revenue Service (BURS) is meanwhile working around the clock to prepare for the changes, with deputy secretary of...
OLDM General Manager, Mogakolodi Maoketsa, said the industry has been challenged by the increasing appeal of synthetic diamonds, higher extraction costs, and slower economic growth in major markets.“People are buying synthetic diamonds at lower...
In a statement, officials said the group’s performance reflects continued strategic momentum and operational resilience, underpinned by its long-standing commitment to people-driven growth.“Our performance this half-year is a testament to the...
Since its establishment in Botswana, F&G has specialised in tobacco leaf extraction, flavour creation, and the production of ethyl maltol, a key compound widely used in flavouring across industries. Over the years, the company has successfully...
A statement seen by Mmegi indicates that Angola's state-owned diamond miner, Endiama, has submitted a "fully financed offer to acquire a strategic minority stake in De Beers".Angola believes De Beers’ future depends on remaining a...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
