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The kitty is the first tranche of BPOPF’s trend-setting P800 million private equity funds solely targeted for investments in Botswana only.  BPOPF marketing and communications manager Devilliers Nage confirmed that the tender has been awarded to...

In September, Atlas Mara made a mandatory offer to minority shareholders of ABCH constituting 4,2 percent of the banking group’s share capital. This came after Atlas Mara had acquired 95,8 percent in the banking group with operations in Zimbabwe,...

According to a study on export diversification conducting by Professor Roman Grynberg of BIDPA, the high salaries for skilled labour in the non-mining private sector have eaten into the rate of return for investing in Botswana thereby discouraging...

According to tour operators in the Okavango Delta, arrivals have taken a knock in the second half of the year, while bookings for next year are estimated to have sunk by a sector average of between 30-50 percent. With the tourism industry being a...

The volte-face, which has gradually developed over the past three years, also looks set to reverse the role of the central bank in open market operations from liquidity absorption to provision. Before 2010, the banking sector had been characterised...

The volte-face, which has gradually developed over the past three years, also looks set to reverse the role of the central bank in open market operations from liquidity absorption to provision. Before 2010, the banking sector had been characterised...

Through an equity partnership with local consortium, URL is setting up a cooking oil plant that has the capacity to produce 1,500 metric tonnes per month. “This will be a refinery serving the Botswana market. Eventually when there is enough...

According to the Statistics agency, the Indices of Mineral Production (IMP) in the second quarter of 2014 stood at 106.6 showing a negative year on year growth of 4.5 percent. “The main contributors to the decline in growth of mining production...

According to the World Bank’s 2015 Doing Business report released this week, from the 189 countries surveyed, Botswana is now placed at position 74 from a revised position of 66 last year. The Doing Business report sheds light on how easy or...

With Kenneth Matambo mostly likely to bounce back after coming in as a specially elected Member of Parliament, analysts concur that new policies that promote inclusive growth should be the minister’s priority. This will add to the already pending...

The third quarter output brings the company’s year to date output to 18.3 million carats with Jwaneng mine anchoring a 12 percent output jump in the first nine months of the year.  Debswana, which contributes 80 percent of its revenues to...

Addressing the media in Gaborone last week BPC CEO Jacob Raleru pledged that at least three of the four units would be fixed by yesterday. It has however emerged that the two Chinese who jetted in from Beijing last week to fix the boiler leaks have...

In a statement released this week, the two companies announced that they had signed a binding Heads of Agreement (HoA).   Under it (HoA), FQM can earn 75 percent interest in the Sese project through an investment of A$20 million (P170 million) and...

According to prominent economist Keith Jefferies, the Botswana economy has now reached a relatively diversified position in terms of GDP but diamonds still precariously dominate exports. Latest statistics show that the economy is now diversified in...

According to the results of a Deloitte CFO 2014 survey, majority of the 34 CFOs and financial directors that participated in the Botswana survey do not expect a major improvement in operational performance this year and will opt to improve existing...