Debswana dug 4.5 million carats of diamonds in the third quarter; a 12 percent growth in production, the improvement comes after the miner had cut output...
Australian gem miner Kimberley Diamonds has halted work and flagged retrenchments at Lerala diamond mine as it looks to cut costs while it processes excess ore...
The Doha based carrier, Qatar Airways has entered into a code share partnership with Air Botswana offering Qatar Airways travelers enhanced access to three key destinations...
The Botswana Stock Exchange (BSE) turnover stability has declined in 2016 in comparison with the preceding 4 years- the BSE Q3 report has revealed. According to...
The Bank of Botswana (BoB) has maintained the lending rate at 5.5 percent saying the medium-term outlook for inflation and domestic growth were within its targets....
Sechaba brewery has warned that the current regulatory challenges will weigh on the company’s profits, as the traditional beer unit issued a trading update ahead of...
Barclays bank Botswana has ascertained on the BCL mine crisis, assuring its shareholders that its exposure to the cash strapped copper/nickel mine is secure. The Botswana...
Anglo American PLC said its majority-owned De Beers Group, the world’s top producer by value, saw its sales of rough gems fall in its latest offering...
To redeem the economy from the deepening economic decline that has characterized it from 2008 to date, there is need to come up with new engines...
The Botswana economy grew by 1.6 percent in the three months to the end of June, largely propelled by the services sector, data from Statistics Botswana...
Governor of the Bank of Botswana Linah Kelebogile Mohohlo will retire from office on 20 October 2016, after seventeen years in the post, the bank said...
In its latest ‘Power generation and distribution brief’, Statistics Botswana said power imports declined in the second quarter. During the second quarter the volume of the...
MOD Resources has touted a “substantial” maiden copper/silver resource at a Botswana deposit within six months of discovery. The ASX-listed copper junior MOD Resources has declared...
Local retail giant, Choppies group’s expansion drive into the African region weighed heavily on the group’s earnings as indicated in its statement of results for the...
Botswana’s total exports for the month of June dipped 3.6 percent due to weak demand of diamonds, the Botswana International Trade Merchandise Trade Statistics monthly digest...
The ongoing political and economic turmoil which has sparked unrests in Zimbabwe has not spared the Choppies group’s subsidiary in the Zimbabwean capital, Harare. In a...
Diamond development company Firestone Diamonds plc which is traded on the London AIM exchange has agreed to push back the deadline for the sale of its...
The Bank of Botswana (BoB) said the flow of credit from the commercial banks in the first half of the year increased marginally as weaker economic...
Diamonds, salt, soda ash and textiles exports dropped Botswana’s total goods exported to the rest of the world in June declined as a result of diamonds...
Canadian diamond miner; Lucara Diamond, will increase the use of XRT diamond sorters to process finer diamond size fractions at its Karowe mine, Botswana, after using...
Debswana Diamond Company, the star performer in the De Beers Group of companies, said the Cut 8 project is on course to produce its diamonds come...
Letshego Group MD Chris Low Pan-African-micro lender, Letshego Holdings Limited subsidiary in Namibia, has fully acquired a commercial banking licence for Letshego Bank Namibia enabling it...
The new entrants in the Botswana banking market are failing to crack the oligopoly, as the big four continue to dominate proving that there isn’t ‘enough...
Botswana continues to rely on its neighbours for its power needs as electricity generation continues to fail on the back of problems with Morupule B. The...
Production at Debswana Company fell in the second quarter of the year as the company continues to be affected by global trading conditions. De Beers parent...
Propped up by strong financial results thanks to production from its Karowe diamond mine, Botswana Stock Exchange Listed (BSE) Company Lucara Diamond Corp will pay out...
Botswana Stock Exchange CEO, Thapelo Tsheole The Botswana Stock Exchange publicly announced that it has joined the United Nations Sustainable Stock Exchanges (SSE) Initiative as a...
Anglo American’s De Beers reported lower revenue from rough diamond sales in the fifth sales period of this year compared with the fourth sales period, reflecting...
Economist, Dr Keith Jefferis Renowned Economist Dr Keith Jefferis has emphasized the need to mobilize more revenue from domestic sources as the country’s revenue pool is...
The Central bank has again left the benchmark lending rate unchanged at 6 percent citing the medium-term outlook for inflation and domestic growth were within its...
The World Bank has said economic growth in Sub-Saharan Africa is forecast to slow again in 2016, to 2.5 percent, down from an estimated 3.0 percent...
PrimeTime managing director, Sally Kelly PrimeTime, the listed property outfit said profits for the six month period to February rose up by 33 percent boosted by...
Minister of Finance and Development Planning, Kenneth Matambo A moderate economic growth of 4.4 percent is anticipated for the next six years of the National Development...
The country’s largest micro lender, Letshego holdings says it’s well on track in its way to becoming a leading African financial services Group, with a focus...
Sub-Saharan African economies will grow at the slowest pace in 16 years and lower than the global average this year, reversing a trend that saw the...
Botswana posted second straight surplus in monthly goods trade in March, recording a trade surplus of P549.3 million in February from P3, 052.4 million in January....
Moody’s Investors Service says it has affirmed Botswana’s A2 long-term issuer and senior unsecured debt ratings adding that the outlook remains stable. The ratings agency said...
Anglo American Chief Executive Mark Cutifani Anglo American diamond unit, De Beers diamond production slid 10 percent to 6.9 million carats in the first quarter as...
The Non-mining sector needs to be promoted to mitigate the uncertainties surrounding the mining sector, particularly the diamond industry. The country’s over reliance on mining, particularly...
Screws have been tightened in the world of gambling as the new gambling regime has stepped in to supervise gambling activity as well as issuing licenses....
Having previously failed to reap much through the African Growth and Opportunity Act (AGOA) initiative, which offers a huge market for African products duty and quota...
Minister of Mineral, Energy and Water Resources Minister Kitso Mokaila Botswana has wrapped up its deal with South Africa and Lesotho to tap some of the...
A new Centre to encourage people to settle their disputes outside of a lengthy and costly trial was launched this week. The Alternative Dispute Resolution Centre...