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As an IPP, Jindal will carry the costs of building the power station, running and maintaining it, while selling the power to the Botswana Power Corporation (BPC) under an agreement known formally as a Power Purchase Agreement (PPA).The PPA for the...

In a statement on Friday, PNRB said Mphathi’s departure was part of organisational changes to the executive management team.Beginning three years ago, with Mphathi at its helm, PNRB took over the Selebi and Selebi North shafts which represent two...

An IMF team, led by Luc Eyraud, division chief in the IMF African Department, visited Gaborone between July 4 and 14 and held discussions with various monetary and fiscal authorities.In a statement made available after the visit, Eyraud said the...

TransUnion and its research partner, Dynata, surveyed 401 adults residing in Botswana between May 5 and 22 using an online research panel method across a combination of desktop, mobile and tablet devices.To increase representativeness across...

In an update this week, the company said several technical challenges were behind the updated capital costs and production timelines, which had also impacted revenue forecasts over the period.Karowe, situated near Letlhakane, has become world-famous...

An IMF team, led by Luc Eyraud, division chief in the IMF African Department, visited Gaborone between July 4 and 14 and held discussions with various monetary and fiscal authorities.In a statement made available after the visit, Eyraud said the...

Delegates in the group included chief investment officers and other decision makers from institutional investors such as Bank of America Securities ($1.5 trillion in assets under management), Mercer ($380 billion) New York City Board of Education...

The continental bank’s board approved a $7.88 million grant (P105 million) to the Africa Energy Transition Catalyst (AETC) programme, which aims to increase renewable energy generation across the continent.“The AETC programme sets out to conduct...

Assistant Agriculture minister, Molebatsi Molebatsi, recently said farmers would be restricted to exporting two live cattle each between July and October, then one each between then and December, when the exports would end.“Previously when the...

Established in 2006, DTCB has been limited to only sorting and valuing stones from Debswana, before selling these to De Beers and the state-owned Okavango Diamond Company.In the years since its establishment, DTCB’s operating position has tightened...

State-owned diamond trader, the Okavango Diamond Company (ODC), recently saw the weight of its responsibilities transform from independently selling a percentage of Debswana’s production, to carrying the collective aspirations of the country for...

Figures published by Statistics Botswana yesterday indicate that the cost of living continues to decline in line with forecasts by the Bank of Botswana and other analysts. This year, inflation has moved from a peak of 9.9 % in March, to its low of...

Figures released by Statistics Botswana recently indicate that national electricity production reached 890,655-megawatt hours (MWh) in the first three months of the year, compared to 638,501MWh over the corresponding period last year.The country...

Over the corresponding period last year, the DCI had risen 2.5 percent, indicating that this year has seen broad price strengthening across the local exchange.According to data compiled by Stockbrokers Botswana, leading the DCI in the first half of...

In the absence of the World Economic Forum’s (WEF) well-known Global Competitiveness Report, a survey by the Swiss-based Institute of Management Development (IMD), has become the world’s go-to review on comparative competitiveness.Botswana signed...