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...
De Beers Group has temporarily suspended application process for sightholder contracts due to the impact of COVID-19 on its clients ‘business operations, BusinessPost has learnt.
The catastrophic impact of COVID-19 on global economies has sent Botswana back to the drawing boards. The country is currently on a serious conversation with itself...
COVID-19 has affected all sectors of economy, international travel restrictions and global lockdown has halted trade and businesses across the world. The travel and tourism industry...
The Chief Executive Officer (CEO) of First National Bank Botswana (FNBB), the country’s largest commercial bank by market share and profitability, Steven Bogatsu says post COVID-19,...
Minergy Limited has curtailed operations at its Masama coal mine, Botswana’s only private coal mine in operation. This was revealed by Minergy this week as catastrophic...
Government wholly owned diamond marketer, Okavango Diamond Company (ODC) has been tasked with the mammoth task of ensuring Botswana’s participation in the midstream and downstream of...
Chairperson of Botswana Banking Association, Keabetswe Pheko –Moshagane, who is also Managing Director of Absa Bank Botswana has assured the country that Botswana’s banking industry is...
Minister of Finance & Economic Development, Dr Thapelo Matsheka has announced that Botswana’s economy is expected to decline by 13.1 % against the initial projected growth...
Murupule B power plant will only be fully operational in June 2023, this was revealed by Minister of Mineral Resources, Green Technology & Energy Security, Lefoko...
The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the...
The Covid-19 outbreak has set off the first recession in the Sub-Saharan Africa region in 25 years, with growth forecast at -5.1% for 2020 from a...
Since commencement of Botswana’s response strategy to defend the nation against Coronavirus, a global pandemic that has shaken the world, millions of pulas have been moving...
Power Purchase deal between Tlou Energy, Botswana’s single Coal Bed Methane power producer and Botswana Power Corporation (BPC), the national power utility outfit has approached final...
Global credit rating agency, Moody’s has affirmed Botswana’s A2 long-term local and foreign currency issuer ratings, with a stable outlook .According to a communiqué from Moody’s...
“As the situation around the world continues to evolve rapidly, we have been speaking with our customers to understand their requirements. While this is an extraordinary...
Corona Virus which broke out in China, in the city of Wuhan in December 2019 has spread globally; killing thousands of people every day, restricting international...
Botswana Investment & Trade Centre (BITC) – the country’s integrated investment promotion agency- has delivered over P5 billion worth of investment during the year 2018/19. This...
Botswana Insurance Holdings Limited (BIHL) shareholders next month will be smiling all the way to the bank as Board of Directors of the Group decide to...
Following a sharp decline in government debt from multilateral debt-relief initiatives in the last decade, primary fiscal deficits, currency depreciation as well as the materialization of...
In 2019 the diamond industry, which is Botswana‘s economic nucleus, suffered a blow, much of which was heightened by global uncertainty and weaker sentiment — weighing...
Bank of Botswana (BoB) says Headline inflation will revert back to the Bank’s 3-6 percent medium term objective range from the second quarter of 2020 going...
Canadian based top gem producer Lucara Diamond Corporation, which wholly owns Botswana’s Karowe Mine, has decided to hold onto some of its dividends despite impressive revenue...
International Mineral processing expert, Dr Vaikuntam Lakshmanan of Canada’s Process Research (ORTECH), has called on Botswana to seriously consider processing minerals locally other than exporting them...
Despite slight decrease in Debswana’s total production in 2019, owing to trimmed output in Orapa, Botswana’s flagship mining company continued to rubberstamp its position in Global...
Deputy Managing Director of the International Monetary Fund (IMF), Tao Zhang has called on Botswana to fast-track coming up and swiftly implementing a completely new growth...
Botswana‘s highly anticipated Coal-liquefaction project is taking shape, this is according to Minister of Mineral Resources , Green Technology & Energy Security Lefoko Maxwell Moagi. Speaking...
Botswana‘s domestic resource mobilization has been labeled weak and behind times, inefficient and unable to fully finance the country‘s developmental and transformative agenda. This is according...
Chief Economist at First National Bank (FNBB), Moatlhodi Sebabole says Botswana’s efforts towards diversifying the economy and realizing a mixed revenue profile are clearly not paying...
Minister of Finance & Economic Development, Dr Thapelo Matsheka has cried foul of the business community saying the private sector is not collaborative when it comes...
Following a difficult sales year in 2019, Global Diamond mining giants De Beers Group has started the year 2020 on higher note as its first cycle...
Tlou Energy, a Botswana Stock Exchange listed junior exploration company developing Botswana’s first coal bed methane (CBM) natural gas project has signaled limited funds as an...
Botswana has thrown its weight behind the endeavor by Africa to create 100 million jobs through Small Medium Enterprises (SME) by 2025. This was revealed by...
About 200 000 Batswana are actively seeking employment while 68 000 have given up on getting a job. This is according to Statistics Botswana, who this...
Following a subdued trading year for the global diamond industry in 2019 owing to US –China trade war amongst other factors, the multibillion dollar lucrative business...