Absa Bank Botswana Celebrates 75 Years, Supports Agricultural Innovation

Absa Bank Botswana marked a monumental milestone in 2025, celebrating 75 years of unwavering service to the nation. The anniversary was not just a reflection on decades past but a powerful statement of continued commitment to the future, especially in the agricultural sector—a cornerstone of Botswana’s economy and heritage. The bank’s celebration was crowned by its prominent role at the National Agricultural Fair 2025, held under the theme “Enhancing Agricultural Productivity through Utilisation of Modern...

Abari is advancing Africa’s digital transformation through secure, locally governed technologies in two critical areas: Cybersecurity and FinTech Infrastructure.

Background: Botswana and the African Digital Context Botswana is positioning itself as a digitally enabled and innovation-driven economy. The country has made significant progress in expanding ICT infrastructure, financial inclusion, and digital public services. However, as the digital economy grows, so too do the risks associated with data security, operational resilience, and technological sovereignty. Across Africa, similar challenges and opportunities are emerging. Digital infrastructure gaps, cybercrime threats, limited local data processing capabilities, and fragmented regulatory...

Catch the upcoming 2025/26 Football Season on DStv!

“IT’S ON” Like Never Before on SuperSport, Africa’s biggest sports broadcaster this August. The long awaited 2025/26 football season is on its way and SuperSport your World of Champions is your all-access pass to the world’s greatest game. Get your season-long ticket to every goal, every tackle, and every unforgettable moment with SuperSport on DStv, the home of football. Download the new MyDStv App on App Store or Google Play Three Leagues. One Passion. Football Returns...

Westlife signals new era post statutory management: stronger, compliant, future-focused

WestLife Insurance Company has officially emerged from over two years of Statutory Management, marking a pivotal moment in its corporate journey. Under the oversight of the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) and the Statutory Manager, the business has undergone significant restructuring and revitalisation. The transition represents a return to full operational autonomy, anchored in good governance, enhanced compliance, and strategic sustainability. At the helm of this transformation is Mrs. Kgomotso Ratlhaga, a sound transformative...

Standard Chartered Bank Botswana commits P1 million to support UB marathon

Standard Chartered Bank Botswana has partnered with the University of Botswana once again by sponsoring P1, 000,000 towards the annual University of Botswana (UB) Marathon, reaffirming its commitment to promoting health, wellness, and education in Botswana. The flagship event, taking place on 7 September 2025 on the UB campus, is fast becoming a cornerstone of Botswana’s sports and community development calendar. The sponsorship marks a significant milestone in the Bank’s long-standing partnership with the University...

VP Gaolathe at OPEC Fund Forum

Botswana’s Vice President and Minister of Finance, Ndaba Nkosinathi Gaolathe, is poised for the global stage as he prepares to address the 2025 OPEC Fund Development Forum in Vienna, Austria. This two-day summit, scheduled for June 17 and 18, gathers the world’s top policymakers, institutional investors, and development leaders to confront pressing global challenges under the banner “A Transition That Empowers Our Tomorrow.” For Botswana, this marks the first time a representative of the country...

Orange Money recognized as brand leader in Botswana

Orange Money, a familiar name in Botswana’s financial landscape, just scored a major win that’s putting it squarely in the spotlight across Africa. At the recent Brand Africa Awards, Orange Money Botswana was named the Most Admired Non-African Brand in Financial Services, an accolade that not only celebrates the company’s innovation and leadership but also underscores its deep-rooted commitment to the communities it serves. This recognition is more than a trophy; it’s a powerful reflection...

Stagflation’s Shadow: Fed admits the risk, leaving investors to navigate a treacherous landscape

The air in the Federal Reserve’s headquarters is thick with a disquiet not seen in decades. For months, whispers of stagflation – that dreaded combination of economic stagnation and relentless inflation – were dismissed as the fever dreams of pessimists. Now, the central bank itself has broken the silence, acknowledging that the threat is not only real but rapidly materializing. This admission, delivered with unusual candor by Fed Chairman Jerome Powell this week, has sent...

Loan defaults hit P6.1 Billion

Botswana’s households and businesses are finding it increasingly difficult to manage their debt obligations, with loan arrears sharply on the rise. Recent data from the commercial banking sector reveals a concerning trend: a P480 million surge in arrears, climbing from P5.637 billion in January 2025 to a substantial P6.117 billion by the end of February 2025. The latest financial figures released by the banking sector last week paint a detailed picture of this growing financial...

Grocery bills set to shrink in Q3

Consumers in Botswana can breathe a sigh of relief as forecasts point to a potential easing of food prices in the third quarter of 2025. The Bank of Botswana (BoB), in its latest Monetary Policy Report, suggests that increased food supplies from commercial farms across Southern Africa could drive this welcome change. The projected harvest is expected to alleviate some of the pressure on the region’s food supply, leading to a decrease in prices. The...