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Figures released by Statistics Botswana today show that the contributions of food and fuel to annual inflation fell to 0.7% and 0.2% in March, from 0.8% and 0.9% respectively in February.Food inflation was measured at five percent in March, from 5.8%...

Known more commonly as the “slate,” the formula is a calculation of the costs involved in supplying and distributing various forms of fuel within the country. Every month, BERA looks at the movements of the various factors in the slate, to gauge...

The NDC is an industry group comprising the world’s rough diamond producers, which is committed to “inspiring and educating consumers on the values of natural diamonds and the positive global impact of the industry”. Members include De Beers...

Absa Bank Botswana realised growth rates of seven and 50% in the number of digitally active customers in its Retail and Business Banking segments last year, CEO Keabetswe PhekoMoshagane said recently.Speaking at the presentations of the bank’s...

Addressing diplomats on Wednesday, Masisi said his administration had been able to secure the co-signatures of Namibia and Angola on the letter.The Group of Seven or G7, which comprises the United States, the United Kingdom and other industrialised...

The phenomenon shift comes not a moment too soon after an update made available this week shows over 9,000 drought-related reported cattle deaths in Botswana, Namibia, Zambia, and Zimbabwe between October 2023 and February 2024.“A record mid-season...

On Tuesday, BERA officially awarded Botswana Oil (BOL) the first substantive fuel import licence, as part of a legislative change under which the parastatal takes over 90 percent of the country’s fuel imports.Effective April 1, BOL is responsible...

Mmegi: What is the situation with Minergy at the moment in terms of operations?Bagopi: Operations have restarted. As you know we took the decision to part with the former mining contractor in September last year and it took a bit of time to get the...

The two countries could not be more far removed from each. One is an expansive nation of 3,000 islands in the Atlantic Ocean, while the other is a semi-arid, landlocked country covered 70% by desert.And yet both countries are amongst nations most...

In a statement, the bank noted that it had signed a Memorandum of Understanding with the BCM to help drive sustainable economic growth and development.The partnership has a particular focus on advancing the economic pillar through value chain...

From April 1, BOL will import 90% of the country’s fuel imports and on-sell this to the existing multinational oil companies that are operating in the country and have previously imported for themselves. Citizen companies will have the right to...

According to a public notice this week, the rail utility is seeking service providers who can collaborate or partner in passenger rail services provision. The expressions of interest are reserved for citizen-owned companies.“Expression of Interest...

The trade deficit for January, which represents the difference between the country’s exports and imports, is the latest in a series of negative figures for the economy which stretch back to September last year when diamonds began...

In a statement on Monday, MMG’s interim CEO and executive director, Li Liangang, said the completion became effective on March 2022 after the finalisation of all conditions agreed to with former owners, Cuprous Capital Ltd.He said the acquisition...

The Bahamas, with a population of just over 400,000 people, has been able to build itself up into a robust, globally known brand around its tourism, with at least nine million visitors flocking annually to its pristine beaches and tourism...