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As a wholly state-owned entity, the BDC’s credit rating is linked to government’s own outlook and the related forecasts around the country’s economic performance. In a recent update, Moody’s said the country’s economy was now projected to...

Type IIa diamonds are quite rare making up one to two percent of all natural diamonds and sourced from extreme depths of the earth’s mantle. The diamonds are almost or entirely devoid of impurities, making them of high value in the market.In a...

However, the main contributor to this surplus is the underutilisation of the development budget across various ministries, the latest data from the Finance ministry shows.While higher-than-expected mineral revenues did contribute to the modest...

In February, shortly after the announcement of the 2023-2024 budget, Mmegi published ‘The Difficulty of Spending P13bn in a Year,’ discussing government readiness to utilise their yearly allocation.The P12.7 billion set aside for infrastructure,...

Each year, the Bank of Botswana (BoB) carefully selects a theme topic for its annual report and for several years, the central bank has hammered home the ever increasing need to change the direction of the country’s economy.The BoB is...

Last December, I joined hundreds of delegates at the US Africa Leaders’ Summit called by President Joseph Biden and attended by more than 40 African heads of state, together with their private sectors. Stemming from that engagement, 75 new deals...

At 1,161 metres, which exceeds the Kazungula Bridge by 238 metres, the Mohembo Bridge not only holds the record as the nation's longest bridge at present but also maintains its position for the foreseeable future, with no plans for a longer...

Giving an update on the Fund recently at Bifm’s annual seminar, Botlhe Tshukudu, Bifm’s Portfolio Manager for Unlisted Investments, said investments had slowed down during the COVID-19 era due to significant risks in the market such as depressed...

The Mmamabula-Lephalale railway line has been in the works since at least 2011 and the delay in its construction has frustrated developers along the country’s eastern coalfields.The link, which will run for about 113 kilometres from Mmamabula to...

Trade and Industry minister, Mmusi Kgafela, is closely following the progress towards renewing the African Growth and Opportunities Act (AGOA), the trade arrangement between the US and over 30 sub-Saharan African countries which provides relaxed...

Mmegi: Would you please provide a brief of Kalafhi Medical, its background and its focus?Matlhogonolo: Kalafhi Medical Centre is a growing enterprise of integrated medical centres that offer a variety of high-quality medical services to the...

Speaking on Wednesday at an economic briefing for journalists, Governor Moses Pelaelo said the central bank had essentially put the brakes on the initiative.“We found that it’s very complex and expensive to do,” he said in response to...

BusinessWeek has established that senior officials from the ministry are scheduled to visit the coastal country soon for an on-the-ground appreciation of the project, as part of assessing the offer to invest.Botswana consumes approximately 100...

Experts at the African Tax Administration Forum (ATAF) acknowledge how unbalanced the entire situation appears. For a continent that has perpetually been an after-thought to the initiatives from global powers, the latest initiatives around global...

The gang is believed to be responsible for a surge in fake notes this year, where the Bank picked a staggering 3,214 counterfeits between January and June, compared to 917 for whole of last year. The most affected currency is the P200 notes. "In...