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For the first time in 20 months the banking system was recently short, a development analysts feared marked the return of the 2014 liquidity crunch that forced the central bank to intervene and release P2.3 billion into the system to boost...

Plans to hike the fees and reactions towards such actions came out vividly at a  vibrant stakeholders forum hosted by CAAB here this week. Manager, International Relations and Statistics at CAAB, Monti-Carlo Tlagae told BusinessWeek that they plan...

Gem Diamonds Botswana managing director, Haile Mphusu told BusinessWeek that the prices of the smaller commercial goods mined at Ghaghoo have come under pressure rendering production unprofitable. The mine employs 298 workers including contractors...

In an Express of Interest (EOI) notice, the Ministry of Transport and Communications said it was inviting companies, consortiums or service providers capable of offering efficient air transport services to meet the needs of Botswana’s business and...

Latest BPC financial results for the year up to march 2015, show that the Corporation recorded an operating loss before tariff subsidy of P1.996 billion compared to P1.398 billion in the previous year. The mining sector consumes about 35% of the BPC...

A bank’s liquidity refers to its ability to meet all anticipated obligations such as funding loans or debt payments using available funds without having to liquidate other assets. Although consolidated data on recent months’ banking system...

Presenting the 2017/18 budget  speech before Parliamentarians, Matambo said Government will again spend more than it collects this year with expenditure, dominated by investments in water, energy, defence, education and the much talked about...

In the production update for the last quarter of 2016, the London Stock Exchange listed Gem Diamonds said diamonds prices at Ghaghoo fell 30% over 2016 while production was cut by 55%. In 2016, Ghaghoo mine produced 40,976 carats from 91,499 carats...

But it will not be business as usual for the minister this time around, as the 2017-2018 Budget Speech comes on the heels of the country having experienced one of its worst socio-economic calamities due to the sector-wide job losses that...

The increase signals a significant recovery in the market after sales for the state-owned rough diamond marketing company fell 45% in 2015.  ODC deputy managing director, Marcus ter Haar told BusinessWeek that overall volumes also rose by 115% to...

In a commentary titled Africa Markets Revealed, analysts at Standard Bank say despite the slightly flatter crawl, their view of a much stronger seven percent appreciation of the South African rand relative to the dollar leads to the belief that the...

According to figures released by the Botswana Stock Exchange (BSE), tap issuances and new bond issuances, helped push the bond market capitalisation of listed bonds to P12.2 billion compared to P10.1 billion as at the end of 2015. During the year...

But in the event that negotiations do not succeed, CEO Stefan Schwarzfischer says they have something to fall back onto as two other companies have offered to buy the troubled Chinese built coal-fired power station. “CMEC have been in Botswana for...

Under its turnaround strategy, dubbed Masa 2020, new CEO Dr Stefan Schwarzfischer says he is effecting a reorganisation of the corporation targeted at cutting up to 30% of the costs while maximising revenue streams. BPC employs about 2,350 workers...

Former BCL employee, Norman Kelaotswe says for it to maintain its value, the smelter is supposed to be kept running at all times at a holding temperature, and failure to do so would require about a P1-billion in refurbishments costs.  “Restarting...