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The decision, which comes amid mounting concerns over the underutilisation of valuable mineral resources abundant in the country, seeks to ensure that licences are held by active operators committed to exploration and development. Speaking during the...

A trend analysis report published recently indicates that between January and June 2023, banks and other authorities filed a total of 165 Suspicious Transaction Reports (STR) with the FIA, of which 116 involved fraudulent cryptocurrency dealings.In a...

The Botswana Public Officers Pension Fund invested half a billion in ALC’s first fund to invest in local private equities, alongside undisclosed investment amounts from six other private and public pension funds.This time the fund manager expects...

Nandi-Ndaitwah, 72, is the current vice president. Her victory will extend SWAPO's 34 years in power since it led Namibia to independence from apartheid South Africa in 1990.She received roughly 57% of valid votes in the presidential race,...

The profits were more than 1,700% above the P3.7 million recorded by BSB in the half year ended September 2023.In a commentary accompanying results which were posted to the Botswana Stock Exchange (BSE) this week, directors attributed the profit...

During the reporting period, profits for the listed company jumped from P71 million to P112 million, which was attributed to effective cost reduction measures and the expansion of mobile money services. In a financial statement issued on the Botswana...

Turnstar, listed on the local bourse, has been pumping capital into the Tanzanian and Dubai markets investing in the retail property sector, seeking to make hay whilst it shines on other Eastern African markets.In an exclusive interview with...

CCA's latest annual report showed that the authority received and approved the largest notice of mergers and acquisitions from the real estate sector predominantly from asset managers who have mandates from the BPOPF.“In the period under...

In his maiden State of the Nation Address (SONA) last week speech, President Duma Boko shared his vision of implementing the decade-old song of moving the economy away from dependence on diamonds. “Botswana’s reliance on diamond revenues has been...

According to the entity, whose responsibility is to prevent and redress anti-competitive practices in the economy, it incurred a net loss of P13 million for the year ended March 31, 2024 and as of this date, total liabilities exceeded total assets by...

The World Digital Competitiveness Report (WDCR) is an annual comparison of digitisation efforts across three key factors being Knowledge, Technology, and Future Readiness. The WDRC is carried out by the Swiss-based Institute for Management...

The execution of Botswana’s economic roadmap has been forged through following National Development Plans (NDP) which have been designed to reflect the policy choices and developmental goals of different national leaders. The sixth administration...

The diversified property developer’s assets were bolstered by developments around existing properties as well as acquisitions.According to the company’s full-year results to June 2024, FPC's reconciliation of investment property, a figure...

According to data from the Bank of Botswana Economic Financial Statistics, the value of diamonds sold by Debswana fell from P9.8 billion in Q2 of 2024 to P3.3 billion in Q3, a 66% quarter-on-quarter drop. Rough diamond sales refer to the value of...

Credit ratios represent the ability of consumers to repay their debts to companies and a decline in credit ratios represents a decline in the ability of customers to repay hire purchase instalments to retailers such as Furnmart.The group’s recently...