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The lower inflation was also helped by base effects as the September fuel price reduction was set against an increase in the same month last year which averaged P1.94, one of the steepest adjustments last year. The decrease this year and the increase...

Stanbic Bank Botswana CEO, Chose Modise, said there was a need for “more and better” collaboration between the various private sector players in the economy to realise the diversified growth that the country requires going forward. He was...

In a recent ruling, Justice Zein Kebonang of the Gaborone High Court upheld arguments that the deal had improperly favoured the winning bidder, Sherashiya Pty Ltd. The case was brought against the liquidator, John Hinchliffe and Sherashiya by VRI...

A committee of the Botswana Stock Exchange (BSE) has launched an investigation into RDC Properties’ attempted hostile takeover of PrimeTime, with a report due to be released in 30 days.In the meantime, the offer circular that RDC was scheduled to...

Thus far, the Finance ministry’s response to the steep downturn in revenues has been on the recurrent side, with restrained spending on travel, new fleet, computers as well as workshops and seminars. Development spending has been slowed to later in...

In the years since the signing of the bilateral agreement between Botswana and Namibia in 2014, seaborne coal prices have sharply declined as the world has moved towards cleaner energy sources.A feasibility study has never been done for the TKR and...

Government spent P112.3 million on Phase 1 of the Airport City SEZ, covering 100 hectares. The funds were spent on developing a 1.8km six lane dual carriageway, storm water drainage, primary water and sewer networks, electrical power reticulation,...

According to the data agency, in July, the country’s trade balance – or the difference between the values of exported and imported goods, widened to a shortfall of P4.2 billion from a deficit of about P3 billion in June. The country’s trade...

Maatla controls the Mmamabula Coal Project on the well-explored eastern coalfields, which contains over 90 million tonnes of high-grade thermal coal.CEO Jacques Badenhorst told BusinessWeek funding was in place to finalise construction of the mine...

Those who enjoy numbers will turn over every digit of the recently released Gross Domestic Product (GDP) figures for the second quarter, analysing the trends, making projections and forming opinions.The figures were eagerly anticipated as the country...

The BAOA is the oversight body of the accounting and auditing profession in Botswana, regulating the activities of auditors as well as the financial reporting and corporate governance of Public Interest Entities (PIE) and the corporate...

According to the results published on the Botswana Stock Exchange recently, BBS Bank’s interest income shot up 42% year on year to P233 million, off the back of a stronger loan book which went from P3.3 billion to P4.2 billion between June 2023 and...

Giving an update on the 1,529-hectare Leupane Energy Hub and Industrial Park the company is developing, Botala CEO Kris Martinick said the company was looking at gas sales agreements within Botswana and into the region, as well as solar to the...

Mmegi: Orange Botswana’s rise to market leadership, now holding a 43% market share, is a landmark achievement. Take us through the path of how you got there and what it took?Maïga: The strategy is built with our staff and the starting point was...

Banking is amongst the country’s most profitable sectors, with local banks’ collective profits breaking historic records in two of the three years since the pandemic year of 2020. Banks’ profits have defied downturns such as COVID-19, with...