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Molale (left) Salakae (right) charges are linked to the controversial P1.45 billion Ghanzi-New Xade road project

Molale, Salakae make history

The political transition from Botswana Democratic Party (BDP) to Umbrella for Democratic Change (UDC) has found an unlikely meeting point in the dock. Last Friday at the Regional Magistrate’s Court, former transport and infrastructure ministers Eric Molale and Noah Salakae appeared together on corruption charges.

Gaone Macholo.PIC.KENNEDY RAMOKONE

Gov’t executives want out as unions fight exit plan

A section of senior government executives is reportedly lining up to take the voluntary separation package, even as trade unions intensify their opposition and legal challenge to the programme, Mmegi has learnt.

Tumi Mbaakanyi 1

NBC 2026: From Dialogue to Delivery

Business Botswana’s management and organising committee briefed the media and sponsors at Avani Gaborone Resort & Casino on October 9 on preparations for the 18th National Business Conference (NBC), scheduled for Francistown from October 18–21, 2026.

Gabalape Sejie said the country needed graduates who could go beyond seeking employment. PIC PHATSIMO KAPENG

Boitekanelo graduates challenged to tackle youth unemployment

Boitekanelo College graduates have been challenged to use their qualifications to create opportunities and address challenges such as youth unemployment, economic diversification and climate vulnerability in Botswana.

Capital central:  The BoB is the custodian of the official foreign reserves PIC MORERI SEJAKGOMO

Foreign reserves hit 23-month high

The country’s foreign exchange reserves reached P63.2 billion in July, their highest level in 23 months, helped largely by improved diamond sales and SACU revenues.

In talks: The BSE recently engaged Dangote (fourth from left) as well as local asset managers and pension funds ahead of the IPO. PIC: BSE

BSE nears Dangote IPO deal

The Botswana Stock Exchange (BSE) is reportedly close to clinching a deal that would give local investors direct access to the Dangote Petroleum Refinery & Petrochemicals Initial Public Offer, Africa’s largest float of shares, which is expected to raise up to $2 billion.

Rabasimane. PIC MORERI SEJAKGOMO 16.33.42

Rabasimane accuses Ngakaagae of being 'two-faced'

Few days after the Director of Public Prosecutions (DPP) Kgosietsile Ngakaagae accused unions of allegedly looting pensioners' money, Manual Workers Union deputy CEO Robert Rabasimane has hit back, accusing him (Ngakaagae) of benefiting the most from the pension fund scandal.

BDC Headquaters. PIC MORERI SEJAKGOMO

BDC sees traction in turnaround plan

State investment agency, the Botswana Development Corporation (BDC), says its recent turnaround at company level from a P171 million loss to a P14 million profit is a sign of progress in rebuilding financial resilience and investment capacity.

Banks in Main Mall. PIC KENNEDY RAMOKONE

Banks “watchlist” loans reach P5bn

Commercial banks are seeing more warning signs that borrowers could struggle to repay their debts, with loans placed on a watch list for potential repayment problems rising sharply to P5.5 billion in 2025.

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