Coal Petroleum and South African private company Kumvest’s are set to begin construction at their $4.2-billion coal-to-liquids (CTL) plant project in Botswana in 2016. The project,...
The Botswana Millers Association has rubbished the process, findings and the recommendations by Business Botswana on the impact of the 15 percent wheat levy. Millers have...
The drop in retail pump prices has seen the annual inflation rate in September 2015 ease down to 2.9 percent, a decrease of 0.1 of a...
The move by President Ian Khama to use part of $8.5 billion in foreign exchange reserves to stimulate the economy after a drop in diamond prices...
Things are not so good for the leading diamond producer De Beers as sight holders refused about half of their allocated supply last week, reducing the...
Air Botswana General Manager, Ben Dahwa has highlighted the need for the national airline to refleet in the next three years to boost efficiency and improve...
Diamonds and copper largest contributors to the decline The mining sector which is the largest contributor to the country’s GDP continues to suffer a big blow...
The gap between the amount of Botswana imports and the amount it exports narrowed in July, the latest official figures show. The office for national statistics,...
Botswana has achieved improvement by three notches and attained 71st position in Global Competitiveness Report 2015 compared 74th position last year. The 2015-16 Global Competitiveness report...
The Botswana Stock Exchange (BSE) suffered some profit taking during the month of August from some of the banks as the industry environment became more challenging....
The diamond mining company, De Beers says 2015 promises to be a tough one for the global diamond industry because of “indigestion” in the mine-to-market pipeline...
A fairly new department under the Botswana Insurance Company (BIC) the Risk and Compliance Department is convinced the insurance company is to last more than an...
Australian firm A-Cap Resources, which has been developing uranium resources in Botswana, has applied for a licence to open what would be the country’s first uranium...
Botswana inflation dived to a new low in August, helped by falling global commodity prices, bolstering prospects of an interest rate cut by the central bank....
The current state of the diamond market globally isn’t rock solid and it likely won’t toughen up any time soon hence the need for Botswana to...
LETSHEGO GROUP MANAGING DIRECTOR, Christopher Low Micro lender Letshego’s loan book has shot up by 16 percent to reach P5,8 billion mark in the six months...
Local retail sector well developed and is still growing Botswana has been ranked second as a country that provides international retailers with diverse options for retail...
The diversified financial services group, Botswana Insurance Holdings Limited (BIHL) has appointment Catherine Lesetedi Letegele as the new group Chief Executive Officer (CEO). Lesetedi Letegele (48)...
The corporate banking division of First National Bank (FNB), Rand Merchant Bank has assured the mining sector that it has the ability in conjunction with their...
The whopping US$8 million (P80, 000,000) investment by Seaboard into one of the country’s major milling company Bolux will help wean Botswana from its dependence on...
Chief Executive Gaffer Hassam Botswana Insurance Holdings Limited (BIHL), a subsidiary of South Africa's Sanlam group, has reported a significant rise in profit for the half...
Bank of Bostwana Governor, Linah Mohohlo The banks regulator, the Bank of Botswana has reported that the banking sector financial performance and profitability declined in 2014...
Botswana has recorded a trade deficit of P603.7 million, as imports outweigh exports mainly due to fall in diamond price during the month of June, data...
As banks continue to scrap around for deposits to boost liquidity, Standard Chartered Bank has recorded sturdy deposit growth for the half year ended 30 June...
Inflation is expected to remain within the Bank of Botswana (BoB) three to six percent target this year, the BoB Midterm review revealed. The central bank...
De Beers, the world’s largest diamond producer, says it will make a major investment in promoting the stones in the United States and China to help...
The Chinese weakening appetite for imported metals spells doom for Botswana’s copper and nickel. China accounts for around half of total metal demand in the world...
Zambia Copper Investments subsidiary African Copper has ceased to trade its ordinary shares on the Botswana Stock Exchange (BSE). This is following approval from African Copper’s...
Deputy chief executive officer of the BSE Thapelo Tsheole The Botswana Stock Exchange, the leading bourse, is all set to float a new Exchange Traded Fund...
Following reports that Southern Africa is likely to face serious grain shortages this year, the Maize and Wheat Millers Association of Botswana is confident it has...
A latest report issued out by the UK-based Business Monitor International (BMI) has revealed that coal is expected to take over from diamonds as the major...
Lucara diamond corp has cut its revenue forecast for its subsidiary Karowe mine due to weaker diamond market; from the previous guidance of $230-$240 million to...
The proposed blanket exemption from income tax for the Botswana Meat Commission (BMC) could boost the state processing body which currently faces cashflow and debt problems....
Latest figures from the country’s Statistics agency affirm diamonds trade as the mainstay of the economy as they continue to dominate the exports and imports. The...
The Botswana Stock Exchange quarterly turnover for the second quarter increased by 69 percent from P557.8million in the first quarter of 2015 to P944.8 million, the...
Bank of Botswana Governor, Linah Mohohlo The surprise rate cut by the Bank of Botswana (BoB) is expected to contribute to a weakening profit picture for...
The global fall in commodity prices that are diamonds, copper and coal has put mining sector under intense pressure as they are forced to reduce their...
BCL Managing Director Dan Mahupela BCL, the copper/ nickel miner has suspended operations at Selebi shaft indefinitely following the fall of a rock on Saturday 18th...
The dairy industry is failing to stand on its feet despite efforts by both the government and private sector to develop the industry. Dairy farming has...
Without the amendment of the bureaucratic laws surrounding the business environment, Botswana will continue to struggle to attract Foreign Direct Investment (FDI). Botswana has done much...
Importation of electricity declined by 26.8 The importation of electricity decreased in the first half of the year while the physical volume of electricity generations went...
Cupric Canyon Capital, a private equity company is set to spend $200 million to bring its Khoemacau copper-silver mine to production, the company revealed this week....
The Business Expectations Survey published by the Bank of Botswana (BoB) demonstrates that business confidence deteriorated from 52 percent in September 2014 to 44 percent in...