Speaking ahead of the Intra-African Trade Fair (IATF2025), he emphasised that accelerating intra-African trade was critical to unlocking the continent’s industrial potential and strengthening its global competitiveness. “When African nations...
Kemorwale will be at the helm, tasked with steering the organisation during a turbulent period marked by allegations of mismanagement.Before his appointment, Kemorwale was the Authority’s Chief of Staff, a position he held while working closely...
In their latest economic review, economists at Econsult forecast that gross domestic product growth for the year will fall within a range of -1% to 0%, meaning either a marginal contraction or, at best, stagnant output. While this would represent an...
According to officials, this year’s event will broaden its focus to include agro-processing as a key driver of agricultural value addition, youth empowerment and job creation. It will be held under the theme, ‘Shaping the Future of Botswana’s...
The diamond company stated recently that companies supported by the Tokafala Enterprise Development Programme have raised more than P36.4 million in funding from various development finance institutions. The figure exceeded the scheme’s original...
The countries foreign exchange reserves reached $3.5 billion in April in comparison to record highs of $10.3 billion in 2008. This steep downfall has meant that the country’s fiscal planners have less wiggle room to sell the pula and buy other...
RDC Properties closed an initial offer to PrimeTime shareholders on August 1 and this week announced that those who expressed interest in participating were less than the 44% equity stake it was seeking in the rival firm.“As of the initial closing...
The group, which is one of South Africa’s largest retailers, recently received local approval for the 100% takeover of NTS Holdings, the company that had been operating Pick n Pay supermarkets and liquor stores in the country for over a decade...
The losses, which affirm the protracted slump in the market, are not a sign of a tougher future, according to De Beers.The group’s financials have been under pressure as the global diamond market has been facing steep headwinds driven by...
The statutory data body noted in the latest Transport and Infrastructure Statistics brief that movements dropped from 17,706 in the last quarter of 2024 to 13,745. The downfall was expected in the Oct-Dec quarter, which usually attracts large travel...
Equally, a concept paper is currently being developed, and the selection of an appropriate operational model is expected by the end of the financial year, Parliament was told last week. The Minister of Transport and Public Infrastructure, Noah...
Tony Elumelu, an economist, entrepreneur, and philanthropist, has been confirmed as one of the headline investors attending the 2025 edition of the Expo, scheduled for October 8 to 11, 2025. The Nigerian investor is also popularly known for his Tony...
The Visa Africa Fintech Accelerator offers Africa-focused start-ups mentorship, tailored training, networking, and access to funding and resources, helping them advance in the fintech sector, officials said.They said the initiative is part of...
Mmegi is informed that the board members were told today of the decision. The parastatals are all within the Trade and Entrepreneurship ministry, which has the highest number of SOEs.Reached for comment, the Ministry’s new PS, Joel Ramaphoi,...
This follows the long-awaited major shake-up at State Owned Enterprises (SOE), a move accelerated by the Botswana Economic Transformation Programme (BETP).In a press statement released this morning the Ministry announced the appointment of Oteng...
Changes to the Retirement Fund Act in October 2022 have allowed different classes of pension fund members to encash greater amounts of their savings for loans, mortgages, and medical expenses or receive a cash payout of 50% of savings, rather than...
Through a statutory instrument, government will from August 1 restrict the importation of 50 kilogramme pre-packaged cement, as a way of boosting local production and the associated value chain.The country ‘consumes’ about 650,000 tonnes of...
In the lead-up to the event, the Botswana Investment and Trade Centre (BITC) has launched a call for projects, encouraging locals to submit their business ideas and investment pitches.On Tuesday, BITC Executive Director, Export Development and...
BoB initially included emerging markets in 2017 and according to the BoB’s Annual Report for 2024 released recently, the total the number of eligible global markets where the foreign exchange reserves can be invested, rose from 22 to 27.The new...
The country’s only indigenous bank enjoyed a strong 2024, recording its first ever profit in the first half of last year and ending the full year with pretax profits of P45.3 million, up from a loss of P28.2 million the prior year.Other counters in...
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