Diamond beneficiation is under threat Botswana’s potential benefits from diamond beneficiation are under threat as most diamond factories are driving defensive strategies of liquidation, downsizing and...
The recent announcement by Cresta Company to dissolve the Cresta Marakanelo Limited Employee Share Trust has been hailed as a good move as it will boost...
African leaders signed a 26-nation free trade pact to create a common market covering 26 countries in an area from Cape Town in the south to...
The over reliance on diamonds has made the economy more fragile as the days of diamonds being the mainstay of the economy are slowly coming to...
As part of extending its footprint in Africa the Retail Giant Choppies group has ventured into the Kenyan market. The company announced a conditional agreement with...
FNB revises Botswana economic growth rate down Due to slow down in mining sector in the country, Botswana's Gross Domestic Product (GDP) was expected to post...
The Minister of Transport and Communications, Tshenelo Mabeo launched and commissioned Air Botswana’s new cargo and ground handling equipment as well as Puma Energy’s Jet Fuellers...
The 2015 World Economic Forum Africa Competitiveness Report has underscored the need to boost Agriculture, Services and Value Chains to achieve regional competitiveness. The Africa Competitiveness...
Diamonds contributed the most to total imports Botswana has recorded a slump in imports for the month of March 2015 and a surge in exports. Statistics...
Local millers have warned that the 10 year phase out of the Wheat levy through a statutory instrument by government will cripple the industry as it...
APR Energy has entered into an agreement with the country’s national power utility, to provide 35 MW of new power generation for a two-year term. As...
ENJOYING WATER AT THE TOP TABLE: Minister of Minerals, Energy and water Resources, Kitso Mokaila, BPC CEO, Jacob Raleru and MEWR permanent secretary briefed the nation...
The Head of European Union (EU) delegation to Botswana and SADC, Alexander Baum is optimistic that the Economic Partnership Agreements (EPA’S) will make trade easier between...
An increase on month- on -month total diamond exports powered the country’s trade balance to a surplus of P1, 332.5 million in January 2015. Statistics Botswana...
Investment Analyst, Garry Juma Financial services provider Letshego Holdings is proposing to undertake a share capital reduction after shareholders approved a Share Buy Back mandate of...
The Canadian based Lucara Diamond Corp recovered a 342 carat gem-quality diamond from its Karowe mine. The “exceptional colour and clarity” stone, said the Vancouver-based firm,...
Diamonds remain mainstay of economy Despite a series of supportive policies over the years, economic diversification drive remains sluggish for Botswana. The economy remains heavily dependent...
The Chief Executive Officer of the Bankers Association of Botswana (BAB) Oabile Mabusa The Chief Executive Officer of the Bankers Association of Botswana (BAB) Oabile Mabusa...
Botswana Inflation was steady at 2.8 percent year-on-year in March from the previous month, data from the Statistics office showed on Wednesday. On a month-on-month basis,...
Slipping down the global World Economic Forum (WEF) global technology rankings is surely becoming a regular occurrence for Botswana. This week, WEF released its Global Information...
Trading on the Botswana stock market in the first quarter of 2015 grew in volume and aggressiveness, owing mostly to the financial and retail markets which...
The mining sector was one of the largest contributors to the country’s 3.3 percent growth in Gross Domestic Product (GDP) during the December 2014 quarter. Figures...
Debswana Chief Executive Officer, Balisi Bonyongo Debswana has mixed expectations for the 2015 financial year as the credit squeeze experienced in the rough gemstones market globally...
The Botswana Power Corporation (BPC) has hiked electricity tariffs for households consuming up to 200 kilowatts per hour (kWh) by seven and half percent while domestic...
Acting group CEO Dr. Blessing Mudavanhu BancABC has this week said that impairments were largely to blame for a P438 million slip in profit for the...
Data released by Statistics Botswana (SB) this week revealed that importation of electricity increased by 35.9 percent to 510,100 Mega Watt Hour (MWH) between the fourth...
The Governor of the Bank of Botswana, Linah Mohohlo The Governor of the Bank of Botswana, Linah Mohohlo has said the banks were solid and under...
Industrial sectors are underperforming Botswana economy remains heavily tilted towards mining, tourism and financial services with only a few strides made towards industrialization, despite major efforts...
Botswana Bankers Association CEO, Oabile Mabusa The Chief Executive Officer of the Botswana Bankers Association (BBA) Oabile Mabusa has said that the level of intermediation in...
Statistics Botswana (SB) has revealed that trade between Botswana and the Asian countries experienced an increase during the October 2014 trading period. The monthly Merchandise Digest...
Botswana Meat Commission (BMC) is still a sound alternative to diversify the Botswana economy, the BMC Chief Executive Officer Dr Akolang Tombale revealed. Having gone through...
In a bid to raise funds for the Cancer Association of Botswana (CAB) two members of the Tswaragano Adventure Trust, Moraki Mokgosana and Mahube Mpugwa will...
Statistics Botswana has said the nation’s air space witnessed an increase in both domestic and international aircraft movements in the third quarter of 2014. Data released...
The continued firming of the Pula against the South African Rand over the years has left many Botswana manufacturing companies exporting to South Africa under pressure....
The Governor of the Bank of Botswana Linah Mohohlo The rate of growth in Botswana household debt has declined after a weak growth in loanable funds...
Dithebe says tourism will get more funding The development and sustainability of the tourism sector is hinged on getting commensurate funding from government as well as...
DeBeers Head of Strategy and Corporate Affairs, Bruce Cliver DE BEERS, the world’s biggest diamond producer, said there was capacity for gem prices to increase this...
Bank of Botswana Governor, Ms Linah Mohohlo and Minister of Finance Kenneth Matambo The surprise rate cut by the Bank of Botswana on Wednesday is expected...
The Indices of Mineral Production (IMP) in the third quarter of 2014 stood at 105.7 showing a year on year growth of 8.9 percent, Statistics Botswana...
Investment analysts have emphasisied the need for more companies to list on the stockmarkert to increase the diversity as well as increase the range for investment...
The continued neglect of the manufacturing industry is a serious time bomb for the economy hence the need for government to beef up its commitment towards...
In a bid to avert the graduates-industry skills needs mismatch, and develop a demand-led skills production cycles, the Botswana Accountancy College (BAC) has opened an ICT...
The ‘baton pass’ from mining to non- mining is underway as the non-mining sectors are expected to positively drive the economy for the 2015/16 financial year,...