High Commissioner of the Federal Government of Nigeria to Botswana, His Excellency Umar Zainab Salisu, has challenged President Dr Mokgweetsi Masisi to move swiftly and lobby...
The International Monetary Fund (IMF) has slashed its outlook the world economy projecting a significantly deeper recession and slower recovery than it anticipated just two months...
Local Bulb Manufacturing Company, The Bulb World operating from the special economic zone of Selibe Phikwe is preparing to enter the South African market, the company...
Production at Morupule Coal Mine (MCM) has been significantly reduced following the outbreak of COVID-19 at the wholly government owned mine, WeekendPost has learnt. Responding to...
Maunatlala Community Trust (MCT) is at logger heads with Government over a 100 hectare piece of arable land in the fertile grounds zoned around Lotsane Dam....
Botswana’s economy significantly slowed down in the second quarter of 2020 owing to adverse impacts of the COVID-19 pandemic. The novel virus which broke out in...
In the month of July 2020, Botswana’s exports jumped by over 100% following depressed trade activity in June occasioned by the COVID-19 pandemic. Figures published by...
Botswana’s flagship mining company, Debswana is currently engaging various stakeholders with a view to put the currently abandoned Palapye Glass project plant into good use. The...
Member of Parliament for Kanye North, Thapelo Letsholo has cautioned Government against excessive borrowing and poorly managed debt levels. He was speaking in Parliament on Tuesday...
Government Investment Account (GIA) which forms part of the Pula fund has been significantly drawn down to finance Botswana’s budget deficits since 2008/09 Global financial crises....
This week Minister of Finance & Economic Development, Dr Thapelo Matsheka approached parliament seeking lawmakers approval of Government’s intention to increase bond program ceiling from the...
Botswana Diamond PLC, a diamond exploration company trading on both London Stock Exchange Alternative Investment Market (AIM) and Botswana Stock Exchange (BSE) on Monday unlocked value...
The COVID0-19 pandemic has adversely impacted Letshego’s performance for the half year period ended 30 June 2020, financial statement from the pan African micro lender reveals....
Rationalization of parastatals and state funded agencies has been on the table since beginning of National Development Plan 11. This was conceptualized with a view to...
For the first half of the National Development Plan (NDP) 11, the Ministry of Investment Trade and Industry (MITI) has added P15 billion into the economy....
Travel restrictions, prohibited meetings and unprecedented disruptions on the diamond industry and entire global economy occasioned by the COVID-19 pandemic has not only affected Botswana’s revenue...
Ministry of Finance & Economic Development has revised Botswana‘s economic contraction forecast for the year 2020 from 13.1 percent to a slightly less steeper decline projection...
As part of a strategy to resuscitate the tourism sector, Government is contemplating extending the wage subsidy for the industry by another six (6) months. This...
Corruption, leakage in government spending, and poor implementation of national projects have been listed as some of the salient impediments that will stand in the way...
Special Elected Member of Parliament, Peggy Serame who is also Minister of Investment Trade and Industry says Government should accelerate uptake of Public Private Partnership (PPPs)...
Kangangwani Phatshwane, Managing Director of Botswana Ash (Botash), the country’s sole industrial salt and soda ash producer says the completion of Kazungula Bridge brings endless opportunities...
The economic impacts of the COVID-19 pandemic on emerging market economies exceed that of the global financial crisis, and will be much more server than those...
Due to adverse impacts of COVID-19 on the economy, Botswana finds herself in a tight corner, and is forced to revisit the initial budget allocations for...
Canadian miner, Lucara Diamond Corporation has taken a decision to limit expenditure towards Karowe mine expansion project, a multibillion pula undertaking intended to expand the 8...
Botswana Telecommunications Corporation Limited (BTCL) continues to show resilience, recording revenues of BWP1.4 billion and a profit before tax of BWP 127 million for the reporting...
Diamond mining giant, De Beers Group is embarking on a holistic review of its operations to transform and restructure its business models across the entire value...
Botswana Diamonds PLC, an exploration company listed on Botswana Stock Exchange (BSE) and London Stock Exchange Alternative Investment Market (AIM) has entered into agreement with global...
Botswana’s home grown retail and wholesale group Sefalana Holding Limited with its diversified portfolio that runs across Southern Africa has remained resilient against 2019/20 difficult trading...
Rough diamond production for global mining giant, De Beers Group declined by 54% to 3.5 million carats in the second quarter of 2021. This is primarily...
Botswana Diamonds PLC, an exploration company listed on Botswana Stock Exchange (BSE) and London Stock Exchange Alternative Investment Market (AIM) has entered into agreement with global...
Botswana Investment & Trade Centre (BITC), the country‘s intergraded trade & investment promotion agency has reiterated Botswana’s position on the International Finance Services Centre (IFSC), a...
The fuel crisis which struck Botswana beginning of July as a result of supply chain disruptions has exposed the country’s vulnerability, lack of preparedness to unforeseen...
Botswana’s economic engine, the Mining sector didn’t have easy in the first three months of 2020, figures released by Statistics Botswana reveal. The Index of Mining...
Muted global demand of rough diamonds in April resulted in a massive decline in Botswana’s total export by value; this is according to Statistics Botswana’s International...
The catastrophic economic mess occasioned by COVID-19 pandemic has pushed government to embark on an unprecedented cost containment undertaking – discontinuing subsidies for some parastatals. This...
Botswana will need a total of approximately P40 billion to emerge out of COVID-19 economic shocks and reset back to pre-pandemic growth trajectories and development ambitions....
Debswana, a 50-50 diamond mining partnership between Government of Botswana and De Beers Group could find itself heading to capital markets, banks and other financial institutions...
Tlou Energy has launched a partially underwritten non- renounceable entitlement offer to raise up to P24 million in a bid to aid its ongoing power project....
De Beers Group says most of its net end consumers are still intact financially, and stand ready to demand its luxury and magnificent offerings in diamond...
The COVID-19 global pandemic which put the world to stand still for 2 months, has delivered some of the worst catastrophic shocks to global economies in...
Just before COVID-19 intensified around February this year, a development that put the tourism industry into a standstill, Chobe Holdings, a Botswana Stock Exchange listed tourism...
Botswana Investment & Trade Centre (BITC), the country‘s integrated trade promotion and export development agency will change gears to a more inward looking approach in cultivation...
Botswana Stock Exchange (BSE) listed property group, Turnstar Holdings Limited will in the year 2020 focus on domestic growth plans as opposed to further global expansion...