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Speaking at the Regional Energy Regulatory Authorities of Southern Africa conference last week, Easigas country manager, Gaone Abotseng, said the industry was hoping to partner with government in order to expand usage to rural areas where the gas can...

Islamic State-linked insurgents in Mozambique’s troubled Cabo Delgado province, have ramped up their deadly assaults in recent weeks, with reports of significant military and civilian deaths, including beheadings.A prolonged lull in attacks...

The auction on February 23 saw bids worth P1.2 billion for a P400 million, three-month Treasury Bill (T-Bill) and bids worth P1.9 billion for the P450 million offered under the six-month T-Bill.The three bonds on offer, with maturities ranging from...

Bids closed on Thursday and on Tuesday, a senior BOL executive hinted that a healthy number of firms had submitted expressions of interest ahead of the February 29 deadline.“We have received quite a number of companies expressing interest, wanting...

By the last estimates, Southern Africa’s had an electricity deficit of more than 10 gigawatts and is also largely dependent on imports for other forms of energy such as petroleum. While coal is abundant in the region, its burning is associated with...

The central bank has generally maintained an accommodative monetary policy stance for years, only breaking the trend in 2022 when 14-year high inflation forced interest rate hikes of 151 basis points.The looser monetary policy stance is aimed at...

This draft will outline national priorities and projects to be funded from 2025 to 2030. Multi-year NDPs have traditionally provided the policy framework and national priorities guiding annual budget spending since Independence. The current two-year...

The new deal comes after Lucara terminated a previous 10-year deal with HB last September citing 'a material breach of financial commitments'.A statement this morning from Lucara says the agreement covers stones larger than 10.8 carats.The...

Too much of a good thing? Or from the perspective of some natural diamond producers, good riddance to bad rubbish?The latest data coming out of the retail jewellery sector indicates that lab-grown diamonds are facing their moment of truth, a crash in...

By the last count, the country had 48 diamond cutting and polishing firms, most of which are clients of De Beers from whom they are under contract to purchase rough diamonds in 10 sales events each year.However, with diamond prices and demand...

The deal unveiled on Monday was at least two works in its arrangement and represents the first sustainable-linked funding developed in the local market. Sustainable funding refers to financing linked to the borrower’s pursuit or attainment of...

The draft budget estimates are figures released annually by the Finance Ministry as part of the budget documents post the budget speech. The estimates outline both expenditure and revenue across government for the upcoming financial year and include...

Geingob passed away last week and is profoundly mourned beyond his home-soil, no more so than in Botswana, a country he had a particularly close relationship with, stemming back decades to the days of the struggle against apartheid. In 2016, on his...

While Finance Minister Peggy Serame revealed on Monday that the HB deal was one of three strategic acquisitions government was budgeting for in the 2024–2025 financial year, she did not give specifics of the amounts involved.However, the draft...

The process of consulting with the Group of Seven on how to successfully clamp down on Russian diamonds while not harming innocent producers such as Botswana, has been likened to handholding an elephant through a china shop.Diamond sector veteran,...