Author

The assets under management as at June 30 include P6.8 billion from Bifm’s Zambian operations and P2.6 billion from BIFM Unit Trusts. In a statement released after the asset manager’s recent interims, Bifm officials said operating profits for the...

BBS Bank, the country’s sole indigenous commercial bank, is expected to unveil its interim results no later than September 27. In a cautionary to investors this week, BBS Bank directors said the pretax profits for the half year to June 2024 were...

All indications are that after the disastrous “Hell Nino” of 2023-24, farmers and the nation at large will breathe a sigh of relief in the upcoming cropping season.Regional meteorologists put their heads together in Harare recently for their...

Evolving into a diversified export-led economy is top of the government’s transformational agenda, holding the promise of the sustainable, diversified and knowledge-driven growth required to reach the high income status dream.It’s the path that...

The natural wonderment and rarity associated with diamonds was on full display last week as the entire world stopped to applaud the discovery of a mammoth 2,492 carat stone found in the sands of the Boteti sub-district.Uncovered by the efforts of...

“There’s a process ongoing and I’m going to ask that I develop a law where we will look at the Pula Fund and see whether it is in right state as a sovereign wealth fund and if it’s not, then we will ask that we ringfence some of that money...

Al Nur notched up the highest average realised gains in the 13 weeks of trade on the simulator, pipping Lobatse Senior Secondary School, and third-placed Regent Hill International Secondary School. The competition, sponsored by Stanbic Bank Botswana,...

The development follows months of speculation over Starlink's application and assessments done by the Botswana Communications Regulatory Authority.In May, President Mokgweetsi Masisi met with Starlink executives in Dallas, USA, and later...

Gabaake Gabaake, executive director at Tlou Energy and minerals sector veteran, calls natural gas “probably one of the most widely used substances in industry”. The gas, in its various forms, powers everything from electricity generation to...

In June, President Mokgweetsi Masisi declared an “extreme agricultural drought” noting that 16,000 livestock deaths had been recorded countrywide over the summer, while cereal production dropped to just six percent of national demand.The dry...

Besides the solar and gas plants, also approved in the environmental licence are supportive batteries for energy storage, gas generators or turbines to provide baseload electricity, and transformers to connect to the national grid.The approval also...

Bank of Botswana figures released recently indicate that after the phasing out of cheques on December 31 last year, digital transactions in the economy have exploded. In the first quarter of the year, the value of swiping transactions reached P21.5...

The United States is the most important market for natural diamonds, accounting for about 54% of annual demand, followed by China and India. According to a report released by leading diamond retail research firm, Tenoris, in July, overall revenue...

The power stations, known as solar photovoltaic (PV) will be grid-tied, meaning their generation will feed into the national grid for supply around the country. The selected firms will develop and operate the power stations, selling the electricity...

Set partly on a cliff face overlooking the banks of Thamalakane River, the hotel was built through a partnership between investors, Sam and Sandrine Morris and Ker & Downey Botswana, a subsidiary of Chobe Holdings. The Botswana Investment and Trade...