A downturn in diamond sales and associated productivity since the third quarter of 2023 has largely been responsible for two consecutive contractions in the economy. The slowdown has also deepened budget deficits, drained government savings,...
The Bank’s managing director, Sheperd Aisam, said Access’ strategy centres on connecting local talent, enterprise and innovation to regional and global markets."As Botswana accelerates its transition towards a more diversified, non-mining...
The transformation of Botswana Accountancy College into Botswana School of Business Sciences, approved by the Botswana Qualifications Authority and effective January 15, 2026, comes as the institution celebrates 30 years of existence.Founded in 1996...
This stance is made possible by expectations that inflation will remain within the three to six percent range this year.Presenting the 2026 Monetary Policy Statement earlier today, central bank governor, Lesego Moseki, hinted that banks were required...
Final Gross Domestic Product (GDP) are due to be released on March 31. However, projections contained in documents published by the Finance Ministry as part of the budget speech process, indicate that the non-mining sector will continue its steady...
The new initiative seeks to position the institution as a leading regional hybrid bank that merges the developmental mandate of a Development Finance Institution (DFI) with the capabilities of a commercial bank. NDB CEO, Ogone Madisa, said the new...
Directors have revealed that during the 2024 financial year alone, the mine contributed approximately P4 billion through wages, taxes, royalties and payments to local suppliers. This is a sizeable injection at a time when government revenue streams...
Unveiled last week, the project is led by Messidor Investments in partnership with the Botswana Public Officers Pension Fund (BPOPF), Letsema Property Fund and Botswana Railways. The development is positioned as part of a broader strategy to combine...
In his keynote address, LEA Caretaker Chief Executive Officer Thato Jensen linked the workshop to Botswana’s broader economic diversification drive, noting that agriculture and agro-processing are increasingly viewed as strategic engines of export...
In its latest report, the bank disclosed that there was a growing strain within Botswana’s small and medium enterprise (SME) sector, with only P84 million drawn from an approved P200 million purchase order (PO) financing facility at year-end,...
The enactment of higher tax rates for personal income, corporates and the International Financial Services Centre (IFSC) companies, as well as the reduction in the number of goods and services zero-rated for VAT, is also expected to boost...
With the current squeeze on rough diamonds not abating, Debswana has, since last year, been mulling a diversification drive away from diamonds to reduce dependence on its single commodity being diamonds.Industry insiders have revealed to BusinessWeek...
This is according to the latest follow-up assessment conducted by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG).VASP are companies or individuals that help people buy, sell, exchange, store or manage virtual assets like...
As at December 2025, total public debt, including sovereign guarantees, amounted to P90.03 billion, or 33.02% of the Gross Domestic Product (GDP). By the end of the 2026–2027 financial year, the government expects public debt to reach 44.6% of GDP,...
The programme, formally known as the Stanford Seed Transformation Program (STP), is an executive education initiative designed for high-potential CEOs/founders of for-profit companies or for-profit social enterprises with annual revenues between...
Figures released by Statistics Botswana recently show annual food inflation at 6.1 percent in January, compared to 5.4 percent in December.In 2025, food inflation peaked at 5.9 percent in March, whilst averaging 5.4 percent for the whole year....
Hope Kontle, who has over 20 years of experience in the smart metering industry, has been operating in South Africa and Zimbabwe, supplying advanced metering solutions for various markets. The businessman explained that his decision to establish a...
Launched in 2021 as a public-private partnership with the Botswana Power Corporation (BPC), the P28 billion project is designed to strengthen national energy security whilst keeping electricity tariffs amongst the lowest in the SADC region. As an...
According to Absa Botswana, the index is produced with support from the United Nations Economic Commission for Africa and evaluates 29 African countries. During its production, researchers use a combination of quantitative data and survey insights...
In a statement issued last week, the Botswana Communications Regulatory Authority (BOCRA) confirmed that it had approved BTC’s revised tariffs with immediate effect. The changes follow the implementation of recommendations from a pricing and...
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