The price of money in the country has become a highly changeable, moving target that has pinched the pockets of ordinary households.Prime lending rates, the interest rates banks charge their best customers, uncoupled from the Bank of Botswana anchor...
When finance technocrats and audacious entrepreneurs met in Gaborone this week with the International Finance Corporation (IFC), everybody was out guns blazing, pitching hard. Their message was consistent; pitching a politically stable democracy,...
India, which accounts for 90% of cutting and polishing activities in the industry, presently has one of the highest tariffs for entry to the US at 50%, while another major centre China, has equally been hit at about 30%.Other diamond centres such as...
Under the Luanda Accord signed by Botswana, De Beers, other African diamond producers and the Natural Diamond Council recently, all members will contribute one percent of their revenues to an industry-wide, global marketing campaign.That campaign is...
According to data released last week by Henley & Partners in partnership with wealth intelligence firm, New World Wealth, the numbers of the super-rich are growing in the country.The Africa Wealth Report is the continent’s most comprehensive...
The establishment of a P5 billion fund and emergency mechanisms to resolve the long-boiling crisis in the country’s public health sector, could not have come sooner.The majority of the country’s population depends on the public healthcare system...
Local banks have demonstrated their traditional resilience to shocks in the past years, maintaining a strong balance sheet of P145 billion as at May this year. The strong books were achieved through shrewd liquidity and risk management, something...
Masama Coal Mine, the country’s smaller colliery after Morupule Coal Mine, is yet another cautionary tale about how the cyclical nature of mining and logistics can wreak havoc on operations and workers’ lives.Russia’s invasion of Ukraine in...
In development finance, CDD has emerged as a foundational tool for making informed and responsible investment decisions. It is a systematic investigative and analytical process designed to assess the commercial viability of a proposed investment by...
A two-year-old old baby named Edward in D’kar was last year enrolled into a feeding scheme programme supported by UNICEF Botswana after health officers realised he was grossly underweight. This was caused by the fact that his now deceased mother...
On August 26, bidders lock horns on whose offer is the best to take over Mupane Gold Mine, the country’s sole gold operation where operations have been suspended since March 2024.According to documents circulating recently, of the ten companies...
The rot in parastatals keeps worsening the more revelations of their state of affairs is made.Nearly each week in recent months, top government officials have lifted the lid on the state of State-Owned Entities (SOEs) disclosing previously unknown,...
De Beers, the company most responsible for the value assigned to natural diamonds and boasting the most diamond discoveries ever on Earth, has become almost preternaturally adept at forecasting where demand for the stones will come from in the...
For many, the route was not just about breaking a sweat and meeting a personal fitness goal. It was about something far deeper hope, education, and the chance to take action against a disease that silently affects thousands of Batswana families every...
A bigger stake in De Beers would fulfil Botswana’s dream of controlling the diamond industry from mine to market and the company’s valuation is possibly at its cheapest ever. However, a larger stake also means shouldering more for projects such...
In a world where capital is either the servant of the wealthy or the master of the poor, who really benefits from Botswana’s capital? TIMOTHY LEWANIKA writesCapital is a highly contested ideology, dating back to the conflicting theorems posited by...
Inflation is likely to overshoot the 2.7% average originally projected by the Bank of Botswana (BoB) for this year. This is largely due to the July 11 changes to the Pula exchange framework which made access to the official foreign exchange reserves...
Speaking exclusively to Mmegi this week after engagements with Boko as well as Minerals and Energy minister, Bogolo Kenewendo, Cook said all hands were on deck towards resuscitating demand for diamonds.“I am very impressed by the way that President...
The back-breaking distance was divided into three days with the first day made up of 28 kilometres from Sowa Lodge to Sowa Spit and Day Two consisting of 52kms from Sowa Spit to the majestic Kokonje island and then back to Sowa Spit. Day Three was...
Societies power structure have traditionally been skewed to favour men, with the means of production, and the economic artefacts of society in favour of patriarchal norms of society that place men at the forefront, to the disadvantage of their female...
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