For the first three and half months of this year, Letshego Holdings was the Botswana Stock Exchange (BSE)’s biggest gainer, its share price putting on an incredible 40 thebe, or about 29%. Besides rosy earnings in recent financial periods, the...
Experts in the Ministry of Health believe the country has seen the worst of the fifth wave of COVID-19, which manifested in late May causing cases to exponentially rise in recent weeks.In the week from 19 to June 25, the country recorded 2,351 cases,...
Experts at the Botswana Unified Revenue Service (BURS) believe that if every taxpayer in the country paid their dues, there would either have been no need for the shock tax increases last year or at least the levels of the increments would have been...
The Kimberley Process, a United Nations’ backed supranational group that has fought conflict diamonds for nearly two decades, is stuck in a consensus paralysis that has led observers to question its relevance in keeping the global diamond industry...
Everybody was alive to the fact that he was a sickly man who was in and out of hospital throughout his 59-year life yet many hoped that providence would continue to spare him.With the benefit of hindsight, following a London diagnosis of no hope,...
How high will inflation rise?The answer depends on who you ask. At Kgori Capital, analysts expect that inflation will average 11.3% this year, a figure which if realised would be the highest average since 2008.Researchers at First National Bank...
Minister of Defence, Justice and Security, Kagiso Mmusi introduced the Criminal Procedure and Evidence (Controlled Investigations) Bill, 2022, to a special sitting of Parliament on a certificate of urgency in late January, explaining that...
Russia’s ambassador to Botswana, Andrey Kemarskiy, was scheduled to leave for Kasane on Thursday ahead of the week-long meeting of a top diamond industry organisation, whose members include both Moscow’s friends and foes, as well as the ongoing...
The country’s single largest investment fund, the Botswana Public Officers Pension Fund (BPOPF), holds 30.9% equity in Letshego and wants three new nominees on the microlender’s board. Meanwhile, the country’s largest and most diversified...
In Botswana, many children either grow up without father figures in their lives or abusive homes. Even though Mother’s Day holds the greatest significance in many people’s lives, this is not always the case with Father’s Day because many...
North Korea. This is the only country a leading elephant conservation biologist says would be the sole target market in the world for any ivory Southern Africa states may want to sell.The Convention on International Trade in Endangered Species...
Cynics of economic growth figures frequently cite the quote made famous by US literary legend Mark Twain: “'There are three kinds of lies: lies, damned lies, and statistics”.When Statistics Botswana recently announced that the local economy...
When the business lobby group established the fair in 1994, the rationale was to provide exhibitors with a platform to actively promote their businesses and network amongst each other.During its formative years, the fair served as a platform for...
Local geologists say the country’s eastern half has been well prospected and to an extent, well developed, as seen in the establishment of several mines that have supported the well-documented mineral-led revolution of post-Independence...
The numbers provide a glimpse into the impact of the pandemic on one of the country’s key economic sectors, a key foreign currency earner, downstream value distributor and employer. While Statistics Botswana publishes annual tourism arrivals, the...
The global diamond industry meets in Kasane on June 20, a keenly awaited event as the world’s biggest producer of precious stones, Russia, continues its military invasion of Ukraine.The Kimberley Process (KP), consisting of 85 countries, diamond...
The book, which tells the story of Desert & Delta Safaris, aims to celebrate the people behind the organisation and was written by Mana Meadows.At an event held at Sedie Hotel in Maun, the marketing team led by James Wilson and Andrew Flatt took...
The Chobe riverfront along the Botswana and Namibian border in the Chobe National Park comprises some prime real estate in Botswana. Although it is adjacent to Kasane, the area has been left undeveloped for the wildlife to roam free. The location...
The war in Ukraine has forced European nations to move away from Russian coal, gas, and oil, raising the price of fossil fuels at a time when the region has been leveraging on these commodities to accelerate its green transition.Russia, the...
Far out on the western horizon, through the vast plains of the Kalahari shrub bush, a wintry morning mist fuses with the smoke from the veldt fires to produce a pinkish hue that skirts around the isolated hills in the middle of nowhere. That is the...