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 survey was conducted by Swiss-based Institute for Management Development (IMD), whose studies and rankings have become increasingly important globally since the collapse of the Global Competitiveness Report published by the World Economic...
Figures shared by the Bank of Botswana indicate that annual credit growth, or the increase in the total amount of loans and given out by banks, was measured at four percent in January, rising to 10.3% in June before moderating to 7.3% in August. By...
The cards are being hailed as the next step in fintech innovation and ease of access for banking customers.Speaking at the launch on Tuesday, Godiraone Maokenyane, the bank’s Head of Strategy and Business Transformation explained the...
The two countries, which are the continent’s leading producers of diamonds, recently announced that they are both seeking majority stakes in De Beers, the diamond giant in which Anglo American is selling its 85% stake.However, following a meeting...
The funding suit was announced by President Duma Boko last week Thursday who added that they have engaging the Omanians who are also ready to roll out projects in the country. He said the investment will be channelled through the Oman Investment...
President Duma Boko has announced that the government has secured a multi-billion pula deal with a consortium of global investors to rehabilitate Morupule B, extend Morupule A’s life by 15 years, and put the country on the path to energy...
The new product, PlatinumShield Tombstone Cover, offers memorial tributes valued between P10, 000 and P50, 000, ensuring that financial constraints never stand in the way of proper remembrance. The product, underwritten by WestLife Insurance...
The Pick n Pay Go outlet offers customers an opportunity to fuel their cars and also get something from the shop. Vivo Energy managing director, Sesupo Wagamang, described the partnership as a milestone that reflects the company’s ongoing...
The South African-based animal-health and pet-nutrition business recently acquired Biofarms in a deal that marks a significant step for the Botswana company, which identified Nutribyte as a natural fit with its mission to enhance animal health and...
The local property market has been a cash cow for investors, with property valuations growing year on year especially in the residential segment. This growth in valuations has given property owners more equity as they can now borrow against the...
ALC is divesting and paying back investors their funds after the investment reached the agreed-upon maturity point, as part of the private equity arrangement made in 2020.ALC runs a multimillion-pula mandate, powered by the Botswana Public Officers...
Since the announcement of the Zotus group’s plans, criticism has erupted over the planned financial scale of the project as well as the technicalities, such as a lack of water and infrastructure in the planned area.More serious doubts have been...
The inaugural flight landed at Sir Seretse Khama International Airport to a warm welcome from aviation officials, diplomats, and members of the business community.Speaking to journalists after the launch of the new services, SAA Group Chief Executive...
The BDC is amongst a handful of local parastatals which subscribe to global credit ratings agencies.In its latest update, Moody’s said the change to a negative outlook primarily reflects the government’s weakening capacity to support the BDC...
The Bank of Botswana’s Banking Supervision Report released recently, shows that of the nine commercial banks operating in the country, only three reduced staff, mainly as a result of increased automation and use of digital channels.The increase in...
The country’s apex bank last week adjusted the MoPR from 1.9 percent to 3.5 percent, in what it described as a “recalibration” meant to strengthen monetary policy and preserve the country’s foreign exchange reserves. “This policy decision...
The newly constituted Board at the government’s investment arm features a dynamic team of non-executive directors with diverse expertise across finance, governance, policy, investment, and transformation. The new appointees include Alice...
The call was made by a senior official of Debswana Diamond Company last week when officiating at the Banana Cub Economic Forum 2025, held under the theme, 'Inclusive Business Practices; Key Strategies For Growth'. Senior Manager – Cultural...
The three winners of the competition are PK Maxi Farms who scooped P350,000 for an innovative and community-impact initiative, while Mr. Solar secured second place and won P200,000. Phemo Aesthetics claimed P150,000 in third place.Visa officials said...
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