Anglo American is “dual-tracking” the process it is taking to dispose of its 85% stake in De Beers. Last Friday, CEO Duncan Wanblad told an analyst briefing that the mining group was weighing more than one option of how to exit the diamond...
A veteran English professor at the University of Michigan, Anne Curzan, is a linguist. Her new book, “Says Who?” argues that our choice of words in the English language is determined by context, and that this context is often cultural or based on...
Carried from the Earth’s core over thousands of kilometres by geological processes, the fact that three of these small shiny stones were spotted in Motloutse River in 1959 is a miracle. An even bigger miracle, however, is that after a journey over...
• Dismantling the imperial presidency• Giving more power to the people, including the power to initiate a constitutional amendment.• Enhancing democracy• Altering power relationships in favor the people elected representatives and the people...
It is convenient to start this conversation from the 1st of December 2021. In December 2021 his Excellency the President of Botswana, acting in terms of the empowering provisions of the Commission of Inquiries Act established a Constitutional Review...
Anglo American, the majority shareholder in De Beers, on Thursday released figures showing that diamond production in Botswana fell 24% in the first six months of the year when compared to the same period last year. The diamond group which, in...
Talented individuals can spring up from any part of a nation's soil. Sir Ketumile Masire was born into a comfortable but modest family in Kanye. That village was, and still is, the capital of the Bangwaketse people, located in what was then known...
Our journey to Makgadikgadi Pan started at our departure point in Gaborone at 8am on Sunday. I was joined by other guests from the capital to Mosu and we cruised in a luxurious Ford SUV as part of the sponsors’ party.The vehicle made the journey...
A recent country report from the International Monetary Fund (IMF) forecasts that Botswana’s economy will face a growth deceleration this year, growing by only one percent compared to a previous estimate of 3.6 percent. This is mainly due to...
As bad as the diamond numbers are, some analysts on the retail end of the spectrum are seeing some positive signs.And the retail end is where the light is required. The slump that caused a 5.3% contraction in the economy this year, largely traces...
The question is, can a graduate who couldn’t find a job during COVID-19 in 2020 and still can’t find a decent job in 2024, say the economy is not in a recession? Certainly not, in fact for them the economy is still recessionary.Experts can talk...
According to the 2024/25 forecasts from the Finance Ministry, mineral revenues were expected to provide about 27% of budget revenues for the financial year, at an estimated P25.2 billion. Mineral revenues comprise taxes, royalties and dividends on...
In this instalment we will make the case that financial inclusion is a key cog development and as such it requires the collective effort of all players in any economy. It requires commitment, time, passion, resources, and knowledge sharing. It cannot...
While it may seem obvious, it is important to highlight that if people are not financially included, they are financially excluded. Period! There is no middle road. It is therefore important to discuss how of the factors supports financial...
The United States may not directly admit it, but to a great extent, the world’s most powerful military believes part of the reason it is losing allies in areas like West Africa, is because geopolitical rivals, particularly Russia, have amped up...
A banker by profession, Mma Saleshando is often media-shy. She tells The Monitor she was born in Gaborone but was raised in Mochudi. She was raised by her grandmother because her mother had her at a young age. She schooled in Mochudi all her life...
Mmegi: The recent world competitiveness rankings revealed the strengths and weaknesses of Botswana across an array of economic factors. Which areas do you think are worth harnessing in order to increase the competitive advantage of...
Joshua Sibonge, the chairperson of the Green Finance Mainstreaming Working Group, has a delightfully compact and enlightening explanation of why sustainability needs to be incorporated into the country’s budgeting process.As a principal economist...
At a time when the world is retreating from multilateralism and pushing back against globalisation, Africa and its Diaspora are mounting a historic attempt to forge closer economic, trade and cultural ties.Separated by thousands of kilometres of the...
It is generally acceptable by authorities and scholars that financial literacy, financial innovation, consumer protection and the architecture of the financial system are the among the key levers that drive financial inclusion. These four drivers are...