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The deal, signed in August 2022, has been a game-changer for the state-owned enterprise, contributing significantly to its record revenue of P2.6 billion in the 2022–2023 financial year, an increase from the P570 million achieved in the previous...

According to the parastatal’s latest financial results, it recorded a significant drop in profits after tax, down by P19 million to P10 million during the six months. The decline marked a stark decrease from the P29 million recorded during the same...

This growth, as highlighted in the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) 2023–2024 annual report, was primarily driven by improved investment returns influenced by robust equity markets and offshore investments.The report...

Lesedi remains Tlou’s flagship initiative, aiming for its first power generation by mid-2025. Officials highlight its pivotal role in Botswana’s gas-to-power sector, driving forward the proposed 10MW gas-to-power project. Tlou signed a Power...

Competition and Consumer Authority (CCA) has acknowledged receipt of the merger bid, noting that upon the implementation of the proposed transaction, Abovax will have a controlling stake in MRI Botswana.Currently, MRI is owned by Botswana Medical Aid...

Whilst Botswana ranks fifth lowest amongst 19 regions in terms of suspected digital fraud rates, specific industries, especially gaming, have faced heightened risks.According to TransUnion’s State of Omnichannel Fraud Report of 2024, the gaming...

The summit is an exclusive gathering of private investors, family-owned businesses, and wealth owners from Africa, the Gulf region, and India. It is a two-day event focused on education, peer-to-peer insights, investment opportunities, and high-level...

In August, Caner met with President Mokgweetsi Masisi, Minerals and Energy minister Lefoko Moagi, and other senior government officials, reportedly to finalise the Tati deal.Caner’s wholly owned investment group, NIU Invest, successfully submitted...

The plant’s focus on retrofitting locally-owned vehicles into eco-friendly alternatives is not only revolutionising the automotive industry but also empowering Botswana to embrace the green revolution on its own terms. On Wednesday, BITRI...

BVI CEO Andrew Madeswi shared the institute’s ambitious plans in an interview with BusinessWeek, revealing that the study has shown the potential for producing human drugs and vaccines locally."We have completed the feasibility study about...

The P10 million dividend to government was declared at an event to launch the 90% import mandate and the citizen transporters recently. Buoyed by the declaration and speaking on behalf of the shareholder, Minerals and Energy Minister, Lefoko Moagi,...

The plans are contained in the corporation’s financial results for the year ended June 30, 2024, which were published to the Botswana Stock Exchange this week.Beyond the financial services, BDC’s investment pipeline includes significant...

The study was developed last year by the Botswana Investment and Trade Centre (BITC) in partnership with the European Union’s Africa RISE (Reform for Investment and Sustainable Economies) programme.The study aims to help Botswana develop its...

Utande Botswana marks a significant milestone in the Zimbabwean tech giant’s regional expansion drive. Already the innovative, cutting-edge ICT solutions powerhouse has established operations in Namibia and South Africa, and its entry into the...

The significant green loan approvals and other sustainable projects FNBB is engaged in are steps forward in the commercial bank’s long-term strategy to contribute positively to Botswana’s green economy while advancing its own operational...