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...
For many eons, the Botswana Democratic Party (BDP) was a kitchen master that served a pot of tenders and government appointments to those loyal and faithful to its ideals and leaders. Shoeshine boys and girls benefited from a system of cronyism where...
For the period from September 2023 to August 2024, Botswana’s trade deficit has been negative, reflecting an unfavourable trading condition for the landlocked country. “Since September 2023, Botswana has consistently recorded a trade deficit. In...
'Gen Zs', a generation born between 1995 and 2012, are known for their radical approach to matters, a group that speaks truth to power and in the 2024 Botswana polls, they took centre stage, rallying the nation through a series of online...
The index, which gauges the performance of financial markets across 29 countries, ranked Botswana sixth in Africa, a run up from the seventh position held last year.According to the AFMI report, African financial markets have been resilient to...
Despite having low debt levels compared to most African countries, Sanlam economists believe Botswana’s overreliance on diamonds reveals an urgent need for a wider tax base. Sanlam economist, Patrick Buthelezi, told BusinessWeek during a Business...
Through introducing stricter Pest Risk Analysis (PRA) requirements, the move has been interpreted as a cost-drowning exercise that will squeeze the head of “small economies” experts have revealed.South African researchers at the National...
Recently, President Mokgweetsi Masisi launched an electric vehicle assembly plant that sparked a wildfire of insults and slander against the government from many online revellers mainly because of a prevailing trust deficit over manifesto promise....
Walking into the warehouse, the first candy that catches the eye is the four-wheeled machines that are the green friends of the environment. Machines that make no sound as the ignition runs, luring the mind to ponder for minutes without end on the...
The central bank noted that BBS Bank’s conversion from a building society to a commercial bank marginally cut the gap between the Big Four and the rest of the market.The Banking Supervision Report, which provides an in-depth look into the local...
In the latest annual report, the group’s executives noted lower consumer spending, particularly around luxury items, as household incomes continued under pressureGroup Managing Director Chandra Chauhan stated that despite a bounce back in consumer...
It holds true that pre-conceived notions about one’s ability inherently have a bearing on what one can achieve and accomplish. It is equally true that mindset change is both as abstract and difficult as brain surgery, especially when required at a...