December is traditionally the midpoint of the country’s cropping season, when farmers should have ploughed and planted, awaiting crop maturity in the months towards May.The new Lemang Dijo programme, which provides various inputs such as tillage...
Tsodilo wholly owns the Gcwihaba Metals Project in the north-west of the country where the discoveries were made.In a statement to the Toronto Stock Exchange where Tsodilo is listed, the company said recent results from a drilling programme had...
Popularly referred to as Stanchart, the London-based global group, first set up in Botswana in 1897 as the country’s first commercial bank.In a statement earlier today, bank executives said the decision to explore a sale of the full franchise...
The economy will almost certainly be shown to have experienced a contraction for 2025, when the fourth quarter GDP figures are revealed on March 31. The economy has not incurred successive economic contractions in any two years since Independence, a...
Data from the industry regulator, Botswana Communications Regulatory Authority (BOCRA), showed that amongst the four licensed telecoms operators, market ground is tilting in favour of Orange, which has been steadily increasing its customer base.The...
Presenting the laundry list of issues at a press briefing held amidst the Botswana Federation of Public, Private and Parastatal Sector Unions (BOFEPUSU), Nicholas Motiki, the BHCTTWU executive secretary, said the COVID-19 pandemic was one of the...
The pula’s movements against both currencies has become a major debate point, after changes to the exchange rate framework last July triggered economy-wide price hikes. The changes made by the Ministry of Finance were designed to protect the...
A statement from the Ministry says Gaolathe and AfDB group president, Dr. Sidi Ould Tah, will discuss extending the Bank’s technical support and capacity-building assistance to accelerate the BETP. They will also explore “innovative financing...
By law, authorities revise the Pula exchange rate framework twice a year, in June/July and December, basing their decision on factors such as the levels of the foreign exchange reserves, inflation in trading partner countries and others.July changes...
A statement earlier today from the housing parastatal's board says Sefawe’s final day will be December 31.“During her tenure as acting Chief Executive Officer, Ms. Sefawe provided steady leadership and strategic direction during a critical...
MMG, a Chinese state-majority firm, snapped up Khoemacau in a $1.7 billion deal in 2024, as part of the global quest for critical minerals which are essential for clean energy technologies, defence and consumer electronics.In a statement earlier...
By comparison, the third quarter of last year registered a four percent contraction in Gross Domestic Product (GDP), which is a measure of economic activity.While the figures are positive and break the rolling contractions in the economy, they also...
Gaolathe’s debut budgetVice President and Finance Minister, Ndaba Gaolathe, delivered his inaugural budget on February 10, featuring lower spending than that approved for the prior financial year. However with the prolonged diamond slump still...
The economy is expected to contract this year, as familiar challenges from 2024 persist into the current financial cycle. Despite a negative economic output, there are silver linings that could support a recovery trajectory next year. Along with the...
The impact of this partnership was highlighted during Bank Gaborone’s second Kgwebo Connect dialogue series, held under the theme 'Empowering the Everyday Entrepreneur: Building Resilient Business'.During the session, Bank Gaborone...
In statement to the Bombay Stock Exchange this afternoon, KP Group revealed that the MoU had been sealed with a target of up to five gigawatts of renewable energy.“As part of the understanding, KP Group will lead technical and commercial...
Latest Financial Stability Council (FSC) report shows that residential real estate loans were stable between September 2024 and 2025 at P15 Billion remaining stuck at 25.1% of household credit and 16.1% of total credit. Despite rising demand for...
The CBM development is one of the country’s most advanced gas prospects and forms part of government’s long-standing strategy to build domestic energy supply and reduce dependence on imports. Botala is developing the resource through a phased...
According to the Authority’s latest data, micro-procurement reached P8 billion, or 25% of the total procurement value in the year to March 2025.Designed for small-scale purchases and meant to empower SMEs, micro-procurement is increasingly being...
The competition is aimed at celebrating learners who excelled in a demanding stock market simulation and the 2025 edition saw 28 schools participate, a significant rise from 15 from last year, signalling growing interest in financial literacy and...
Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.
