The World Digital Competitiveness Report (WDCR) is an annual comparison of digitisation efforts across three key factors being Knowledge, Technology, and Future Readiness. The WDRC is carried out by the Swiss-based Institute for Management...
Bonds are financial instruments issued by government and corporates to borrow money from the market. Secondary market trades involve sales of bonds by those who bought the bonds at their original floating by issuers such as governments and...
Addressing a recent Master Class in Gaborone, co-founder of Nando’s, Robert Brozin, also urged entrepreneurs to prioritise the broader impact of their businesses. “Doing business in Africa involves unique challenges,” he said. “It requires...
Since July, the central bank, acting as the government’s agent, has floated treasury bills and bonds seeking a total of P13.1 billion, but has only raised P9.4 billion or about 72%.Before July, the BoB was meeting its debt targets, with...
Whilst Botswana ranks fifth lowest amongst 19 regions in terms of suspected digital fraud rates, specific industries, especially gaming, have faced heightened risks.According to TransUnion’s State of Omnichannel Fraud Report of 2024, the gaming...
The diversified property developer’s assets were bolstered by developments around existing properties as well as acquisitions.According to the company’s full-year results to June 2024, FPC's reconciliation of investment property, a figure...
According to officials, Afrigreen is providing financial support to the 4MW project, which is being developed collaboratively by local companies Energy Systems Group (ESG) and Sahara Renewables Group (SRG).This investment represents Afrigreen’s...
The event brought together technologists, entrepreneurs, and social impact advocates to recognise projects making strides in health, education, and community welfare. Central to the event were awards for the Orange Social Venture Prize (OSVP) and the...
Organised with Letlole La Rona Limited (LLR) as the primary sponsor, the event provided a platform for in-depth discussions on community-focused and sustainable real estate practices. Through a series of keynote addresses, insightful panel...
According to data from the Bank of Botswana Economic Financial Statistics, the value of diamonds sold by Debswana fell from P9.8 billion in Q2 of 2024 to P3.3 billion in Q3, a 66% quarter-on-quarter drop. Rough diamond sales refer to the value of...
In a market update, directors said the key substation was due to be completed by the end of the year, marking a significant step towards evacuating power into the national grid. Lesedi is Tlou’s most advanced project, with the project targeting the...
The summit is an exclusive gathering of private investors, family-owned businesses, and wealth owners from Africa, the Gulf region, and India. It is a two-day event focused on education, peer-to-peer insights, investment opportunities, and high-level...
In the April edition of its World Economic Outlook (WEO), the IMF had projected 3.6 percent growth for Botswana in 2024, whilst government at the time of the February budget speech, expected a 4.2 percent expansion.In a September update, after...
In a recent statement, BotswanaPost shared progress on several key projects designed to improve service accessibility and bring essential financial solutions to underserved communities across the country.One of the major developments underway is...
Credit ratios represent the ability of consumers to repay their debts to companies and a decline in credit ratios represents a decline in the ability of customers to repay hire purchase instalments to retailers such as Furnmart.The group’s recently...
The October 25 auction is the fourth monthly auction in a row at which the Bank of Botswana, as government’s banker, has missed the debt targets it sought to raise from the capital market.The BoB conducts monthly auctions of short-term treasury...
In a statement, the union said it was committed to working with the new administration and Parliament on poverty eradication, economic recovery, trade and investment, and respect and fulfilment of workers’ rights in the mining industry. The...
For the period from September 2023 to August 2024, Botswana’s trade deficit has been negative, reflecting an unfavourable trading condition for the landlocked country. “Since September 2023, Botswana has consistently recorded a trade deficit. In...
At present, the country’s sole gold mine is Mupane where work has been suspended since March due to financial constraints. North Arrow last week announced that it had successfully raised $2.2 million as part of earning a 60% equity interest in the...
The Mmamashia Water Treatment Plant is a cutting-edge facility that combines the refurbishment of existing infrastructure with the construction of advanced new water treatment systems. Spearheaded by Khato Civils in a joint venture with South...
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