The World Bank has projected an average growth rate of 2.7 percent for Sub-Saharan African economies in the year 2018. This information is contained in the...
The 2019/20 financial year is expected to commence on a P5.11 billion pula budget deficit, this information emerged at the Annual Budget Pitso hosted by the...
Botswana’s flagship hotel Group Cresta Marakanelo Limited continues to register declining sets of results in cash flows and revenue base. Following subdued performance on overall in...
Botswana Investment and Trade Centre (BITC), has affirmed that the controversial International Finance Service Centre (IFSC) fiscal framework remains a key instrument in its investment attraction...
Issuing of long dated bonds by government sparks confidence and boosts the annuity book across investment & insurance market. This was remarked by Catherine leading financial...
Reports from Beijing China indicates that the world’s second largest economy has reserved US$60 billion (about P662 billion) for African investment in form of loans, grants...
Following its demutualization from a building society converting into a limited company in April this year BBS now Botswana Building Society Limited (BBSL) is transiting progressively...
First National Bank Botswana (FNBB) registered 23 percent increase in profit before tax for its financial year ended June 2018 and the banker credits part of...
Botswana Insurance Holding Limited (BIHL), an investment group with interests in leading insurance and finance business across Africa continues to increases its market share and retain...
Botswana conceived Pan-African financial group Letshego Holdings Limited announced its financial results for the first six months of 2018, mirroring a sound and satisfactory performance across...
Barclays Bank of Botswana announced its financial results for the half year six month ended 30 June 2018, recording P260 million profit before tax mirroring a...
Permanent Secretary in the Ministry of Investment Trade & industry (MITI) Peggy Serame has confirmed to this publication that Local Enterprise Authority (LEA) is going through...
Premier beer maker, Kgalagadi Breweries continues to suffer because of the controversial Alcohol Levy. The company’s profit after taxation continued to hit a downward trajectory as...
Botswana conceived and listed property outfit RDC realised proliferated revenue for the half-year ended June 2018, the Botswana Stock Exchange (BSE) listed group reports. According to...
Botswana’s second largest private sector employer and world‘s leading rough diamonds producer Debswana Diamond Company has begun a process to migrate from manual paper based procurement ...
Botswana Investment & Trade Centre (BITC) revealed this week that since its inception in 2013, the organization has opened export windows worth over P10 billion. Newly...
Traditional hospitality giant Cresta Marakanelo Group which operates hotels and lodges in Botswana & Zambia continues to be negatively affected by the increasing hospitality industry competition....
Botswana Investment & Trade Center (BITC) newly appointed Chief Executive Officer (CEO), Keletsositse Olebile this week delivered a new strategic path for the investment wooing and...
Botswana Gambling Authority will host the 14th Gaming Regulators Africa Forum (GRAFT) 2018 Conference. The Annual Conference, which is a key activity in the GRAF calendar,...
Botswana ‘s oldest bank, Standard Chartered Bank last week launched watershed collaborations geared at revamping its insurance packages and shaking up the investment –linked products space....
Following subdued performance in 2016, Group 4 Security (G4S) Botswana reported a sterling come back during the financial year ended December 2017. The Botswana Stock Exchange...
Botswana ‘s private sector mouth piece Business Botswana(BB) in collaboration Government will next month host the annual NBC(NBC) in Francistown. The Conference is Botswana‘s major meet...
Botswana Stock Exchange (BSE) has finally demutualised to become a company incorporated under and in terms of the Botswana companies act. This signals that BSE which...
In the wake of diminishing confidence and uncertainties in the mining industry due to its increasing complexity, and hike in expenses as well as unexpected decline...
Ministry of Finance and Economic Development this week launched its new frameworks contained in the six and five-year strategic plan and communications strategy respectively. The ministry’...
Botswana ‘s home grown diversified retail & wholesale group Sefalana ,which portfolio runs across Southern Africa successfully managed to emerge from 2017 difficult trading environment. The...
Global Mining Giant Anglo American, a multinational company with significant interest in Botswana‘s most valuable economic resource Diamonds reported declined profits for the half year ended...
China, the world‘s second largest economy after the United States in one of Botswana’s key economic partners. China spends over 300 million pula annually on Botswana’s...
In a bid to unearth communities’ economic potential as well as push citizen economic empowerment, the Ministry of Investment Trade & Industry (MITI) has unleashed a...
Standard Charted Bank of Botswana (SCBB) announced on Thursday this week an intention to raise capital amounting to a total of 400 million pula in order...
For many years government’s procurement system has been viewed by many as a breeding medium for institutionalized corruption as well as an apparatus for looting of...
is committed to creating conducive environment for economic transformation, this include amongst others ensuring fair competition for business which also protects and observes interest of consumers,...
Debswana Letlhakane Mine Tailings Resource Treatment Project (LMTRTP) commissioned last year to extend the lifespan of DK1, as the Letlhakane mine is popularly known, last week...
Minister of Finance and Economic Development, Kenneth Matambo has affirmed Botswana’s position on tax incentives saying Botswana will continue offering tax incentives in various arrangements across...
In the wake of uncertainties surrounding finite resources that natural diamonds are, forecasted introduction of robotic labour in mining undertakings as well as synthetic diamonds, Botswana...
Botswana’s private sector federation, Business Botswana has lobbied members of diplomatic missions to Botswana to assist the country in its economic transformation endeavour. Business Botswana made...
As of last Friday, all of government’s 34 Special Funds stood at a total of 8 billion pula, Minister of Finance and Economic Development, Kenneth Matambo...
It has been hardly three months in office for Minister of Investment, Trade and Industry, Bogolo Kenewendo, but already critics are calling her out, accusing her...
Botswana’s home grown billion pula property group, Turnstar Holdings has posted significant decline in profits after tax. According to the Botswana Stock Exchange listed property outfit...
Botswana Post has registered and passed breakeven point for the first time since 2008, declaring profit before tax of over 4 million Pula. For the past...
Okavango Diamond Company (ODC) a company that uptakes 15 % of Debswana rough diamonds for sorting, polishing and valuing has joined hands with the Gemological Institute...
The Ministry of Investment, Trade & Industry (MITI)’s Market street days will go a long way in advancing entrepreneurship development in the country, MITI Minister Bogolo...
Botswana Telecommunications Corporation (BTC) Managing Director, Anthony Masunga told stakeholders and BTC shareholders on Thursday that the home grown telecommunications company stands to benefit from the...