In the next financial year, the Government is confronted with a ballooned wage bill that continues to exert far-reaching implications on the country’s fiscus. A budget...
Botswana has recorded its first trade surplus for 2021 since the only one for the year in January. The country’s exports for the month of July...
Premium Nickel Resources Botswana, a wholly-owned subsidiary of Premium Nickel Resources Canada, has sealed a deal with the BCL liquidator to acquire two (2) BCL assets,...
Cresta Marakanelo Limited (CML), Botswana’s most prominent hotels and hospitality group, has decided to exit the Zambian market, the company announced on Wednesday. CML, a Botswana...
The annual inflation rate dropped to 8.8 percent in August 2021, Statistics Botswana reported in their Consumer Price Index released on Friday. This was a drop...
Botswana remains on the grey list of the Financial Action Task Force (FATF) and the “black list” of the European Union, a status quo that highlights...
This week, Botswana Telecommunications Corporation Limited (BTCL), the country’s only listed telecoms company, released its annual report for the financial year ended 31st March 2021. The...
De Beers Group on Wednesday announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the seventh sales cycle of 2021. Figures show...
Botswana Stock Exchange (BSE) Limited this week welcomed two Exchange-Traded Funds (ETF) in the local market, in a historic move that highlighted the BSE’s attractiveness as...
Lucara Diamond Corp. this week announced that the company’s Board of Directors has formally approved the Karowe underground expansion project following the Financial Close and satisfaction...
The Leader of the Opposition (LOO) in parliament, Dumelang Saleshando, has dismissed the Government’s proposed National Employment Policy, stating that it has no radical transformation intention...
Botswana registered a significant decline in the trade deficit for the month of June 2021, following a massive jump in exports against a decrease in imports....
Botswana Diamonds PLC has, through Okwa Diamonds, its joint venture with Vast Resources Plc, made a move to acquire Ghaghoo Mine located in the Central Kalahari...
On Friday, the Minister of Presidential Affairs, Governance & Public Administration told Parliament that acquiring and setting up hospitality outposts across the country by government is...
The government has decided to halt some development projects that had not yet commenced to make funds available for COVID-19 expenditure, BDF Mozambique deployment, and tertiary...
Bank of Botswana (BoB) has kept the country’s lending rate at 3.75 percent. The decision emerged at the Central Bank’s Monetary Policy Committee (MPC) meeting held...
An estimated 387, 503 households in Botswana out of 669, 429 receive either one or more safety net packages from Government as a way of cushioning...
Lucara Diamond Corp continued on its 2021 positive trajectory in the second quarter as it dusts itself out of 2020 loses induced by the COVID-19 pandemic....
During the period 1 January to 31 July 2021 the Domestic Company Index (DCI) depreciated by 2.5% in comparison to a decrease of 5.3% during the...
Top gem junior miner Lucara Diamond Corp is investing heavily on the expansion of its Karowe Mine. So far, the Canadian headquartered multi-listed miner has spent...
Botswana Stock Exchange listed junior diamond explorer Botswana Diamond PLC has recovered four high-quality diamonds from The River Kimberlite Extension at its Thorny River project in...
Botswana State-Owned Enterprises (SOEs) have been under scrutiny for years now. The public outcry is that these businesses, much of which are making losses year-in-year-out, are...
While Botswana currently depends on South African power supply for about half of its electricity consumption, plans are underway to not only have the country produce...
Stanbic Bank Botswana and Export Credit Insurance & Guarantee Company Botswana (BECI) joined hands in a partnership that will help Small Micro-Medium Enterprises (SMMEs) access funding....
Government is moving swiftly to completely overhaul public procurement — a new Bill has been tabled before Parliament this week by Minister of Finance and Economic...
Botswana Diamonds PLC has, through Okwa Diamonds, its joint venture with Vast Resources Plc, made a move to acquire Ghaghoo Mine located in the Central Kalahari...
Botswana registered a significant decline in the trade deficit for the month of June 2021, following a massive jump in exports against a decrease in imports....
Botswana’s economy showed slight growth signs in the first quarter of 2021, following a devastating year in 2020. During 2020, the entire second quarter was on...
It is still tough in the tourism industry — big players in this sleeping giant are not having it easy, but options are being explored to...
De Beers Group, the world’s leading rough diamonds producer by value and Botswana’s partner in the diamond business, ramped up its production in the second quarter...
Botswana Stock Exchange (BSE) listed coal mining company, Minergy Limited, have said the Southern African coal market presents a magnificent future ahead. This is bolstered by...
In an embarrassing turn of events that depicts disintegration in government communication on the fight against COVID-19, President Mokgweetsi Masisi and Assistant Minister of Health &...
During the first quarter of 2021, production in Botswana’s economic nucleus- the mining sector contracted by 12 percent. This is according to Mining Production Index released...
Department of Mines in the Ministry of Mineral Resources, Green Technology & Energy Security has awarded mining licence to Tshukudu Metals-a subsidiary of Aussie firm Sandfire...
Botswana’s exports significantly dropped in the month of April, recording just over P4.83 billion from P9.03 billion in March 2021, mirroring a decrease of 46.5 percent....
Last Friday Account General & Auditor General was at logger heads over P1.2 advanced by Government to aid liquidation of BCL Mine. Reporting before Parliament Public Accounts...
Never again shall public projects with allocated funds be delayed on the account of one of the bidder(s) contending the outcome of the tender adjudication process....
Bank of Botswana (BOB) is failing to raise enough money from government bonds and treasury bills it periodically floats in the local market. The bank and...
Lucara Diamond Corporation, 100% owners of Karowe Diamond mine, has released its results for the first quarter of 2021 ending March 31, 2021. Figures contained in...
Debswana — the world’s leading rough diamonds producer by value says it is “watching” the developments around lab grown diamonds closely as events unfold. The world‘s...
Top development funding institutions amongst them World Bank investment arms have jumped into the much anticipated Botswana-Namibia Mega Solar Project. The multibillion dollar massive project was...
Parliament last week adopted the new National Energy Policy, a blueprint crafted to catapult Botswana to an industrial hub of alternative and renewable energy. Presented by...
Chief Executive Officer (CEO) of Premium Nickel Resources Botswana (PNRB), Montwedi Mphathi, has said his company will resuscitate the formerly owned BCL assets and deliver a...