Government owned mining investment firm Mineral Development Company Botswana(MDCB) has agreed to bail out embattled Minergy Coal, and clear its arrears with mining contractor – Jarcon,...
Botswana’s inflation rate dropped to 7.9 percent in April 2023, a 2.0 percentage drop 9.9 percent in March 2023, Statistics Botswana’s consumer price index reported on...
Troubles at Morupule B, Botswana’s multibillion pula energy generation investment are far from over, the power plant which clocked 10 years since completion is only expected...
Leading mining conglomerates, amongst them De Beers parent company Anglo American are reportedly taking interest in the sale of Khoemacau Copper Mining—a highly automated copper and...
Canadian junior miner, Lucara Diamond Corp has reported a significant decline in revenue for the first quarter of 2023, attributing the decrease to a 45 percent...
Publicly listed diversified energy development company – Shumba Energy is moving closer to realising its renewable energy ambitions, this emerged from the company’s quarterly market update...
Tlou Energy, the publicly listed energy solutions development company has commenced work on the next phase of drilling at its Lesedi Gas-to-Power project, moving closer to...
Cresta Marakanelo, Botswana’s largest hotels chain group has emerged from the repercussions and losses of COVID-19 negative economic impacts, returning to profitability levels with a profit...
Gemological Institute of America (GIA) will join De Beers’ Tracr, the world’s only distributed diamond blockchain platform that starts at the source, a media release from...
Botswana’s only listed petroleum products retailer Engen Botswana has cashed in from the increase of fuel prices occasioned by global commodities shake up caused by the...
Botswana’s largest contributor to GDP, the mining sector performed significantly well in 2022, the Index of Mining Production stood at 95.2 during the fourth quarter of...
RDC properties, the diversified multinational real estate group has started reaping from its 2021 acquisition – the Tower Property Fund, a 42 building portfolio spread across...
A-Cap Energy Limited, the Australian listed energy development company has returned major uranium intersections in drilling at its flagship Letlhakane Project in Botswana, host to one...
Grit Services Limited, a member of the pan African real estate group, London Stock Exchange listed Grit Real Estate Income Group is divesting from Letlole La...
Bank of Botswana anticipate that inflation will normalise in the second quarter of the year 2024 after staying above the central bank’s objective range for over...
business says the over 50 years’ partnership remains solid and will continue to deliver robust returns for both parties. De Beers Executive Vice President, Diamond Trading, Mr...
First National Bank Botswana (FNBB) the country’s largest commercial bank by all measures continued to deliver robust financial results. On Thursday the Botswana Stock Exchange listed...
Production at Debswana, the partly state owned rough diamonds miner has risen by 8 percent in the year 2022 to 24.1 million carats from 22.3 million...
Diamond Trading Company Botswana (DTCB), a 50/50 joint venture between Government of Botswana and De Beers Group this year celebrated 50 years of existence.
Botswanas biggest retailer – Choppies Group has returned to its glory days with revenue surging past BWP6 billion, a significant milestone for the home grown chain...
RDC Properties, the diversified property & real estate group listed on the Botswana Stock Exchange(BSE) has cashed in big from its recently acquired property, registering a...
Trading activity at Botswana Stock Exchange(BSE) continued on a growth trajectory with all indicators going up during the period 1 January to 31 August 2022, the...
The Botswana Investment and Trade Centre (BITC), the integrated Investment and Trade Promotion Authority (ITPA) mandated to driving Botswanas national economic development agenda with investment promotion...
First National Bank Botswana (FNBB), the countrys largest commercial bank by all key measures has raked in over P1 billion in profits before tax for financial...
In a bid to gradually reduce its over dependence on government subvention for its budget requirement, Botswana Investment and Trade Centre (BITC), a trade and investment...
Robust demand for diamonds in early 2022 which was a spillover from late 2021, has catapulted Botswana into a surplus for the month of January 2022....
Lucara Diamond Corporation, the Canadian top gem producer, mining some of the world’s best diamonds in Karowe, has raked in $68.2 million (Over P700 million) for...
Botswana mining production picked up significantly in the last quarter of 2021 when compared to the same quarter in 2020 albeit a decline when mirrored against...
Nearly 10 years and over P10 billion later, Morupule B a 600 Megawatt coal fired power plant that was envisaged to end Botswana s national...
This week, Bank Gaborone, a subsidiary of Namibian Stock Exchange listed Capricorn Group launched a Card-2-Card payment solution, the first of its kind in Botswana. Card-2-Card...
Bank of Botswana on Thursday, kick-started its overhauled monetary policy signaling mechanism with an increase in interest rate, a 51 percent basis point on the Monetary...
This week the International Monetary Fund (IMF) issued a warning to global economies, signaling massive inflation, a rise in fuel and food prices to levels never...
Production at Debswana, the partly state owned diamond miner continued on its upward trajectory in the 1st quarter of 2022, bouncing back fully to pre-covid-19 pandemic...
Top diamond miner De Beers Group, a unit of diversified mining conglomerate Anglo American, on Wednesday announced a watershed diamond resource development deal, expanding its African...
After starting off the year 2022 on a 13 year high in January and February at a record 10.6 percent, Inflation has started cooling off, registering...
Rough Diamond Sales for De Beers Group continued on a good run in the third sales cycle, totaling USD $565 million (over P6 billion), up 25...
Southern African Customs Union (SACU), the worlds oldest customs integration body comprising Botswana, South Africa, Lesotho, ESwatini, and Namibia, this week met in Gaborone for its...
History is about to unfold in modern Botswana as Giyani Metals – Canadian junior explorer moves closer to resuscitating old small manganese mines in Kgwakgwe, Otse...
Botswana could be losing P9.5 billion to tax evasion, Botswana Unified Revenue Service (BURS) Commissioner in charge of operations, Mr Phodiso Valashia hinted the sad scenario...
Cabinet has finally approved the recommendation to rationalize parastatals following an outcry from various quarters relating to inefficiencies and duplications of mandates by existing State-Owned enterprise...
After a series of signing ceremonies, penning power purchase agreements with selected independent power producers, on the ground work has begun. This past Tuesday Government, Botswana...
Botswana Mine Workers Union (BMWU) is mounting a serious undertaking to prevent the sale of Mupane Gold Mine, arguingmassive contravention of workers rights should the transaction...
Absa Bank Botswana, the country second largest commercial bank by profitability on Wednesday released its results for the financial year ended 31st December 2021,profits rose by...