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Whilst the first draft for the NDP12 is expected to be released in October this year, economic advisor in the Office of the President, Noma Sephuma, lifted the lid on government’s intentions to anchor its roadmap on accelerated infrastructure...

Botswana’s independence was given on a silver platter, without a single stone thrown or the tiniest drop of bloodshed.Candidly speaking, the British must have seen it as good riddance to finally let go of a colony that was a barren investment in...

The project commenced in April and is expected to reach completion by December 2024. The Nossop-Ncojane Project aims to carry out a comprehensive high-resolution aeromagnetic survey over the remaining part of the country, approximately 320, 000-line...

A property market update by Riberry, cited in the Bank of Botswana’s (BoB) latest household indebtedness report, noted a softening in the local property market during the first quarter of this year. The residential market, in particular,...

The facility will have capacity to produce up to 100 metric tons at full production of value-added and further processed meats such as ECCO canned foods, retail-pouched beef cuts, cured meats such as biltong, sausages and polony. Speaking at the...

Politics, a game played with numbers delivered a curve ball for the BDP this week in a voting fiasco that saw the contested constitutional amendment bill failing to pass. While the constitutional reform was a top priority for the BDP, the Umbrella...

BIHL’s half-year financial results, posted last week, revealed a dip in the group’s operating profit coupled with a sharp decline in accounted earnings which dropped by 39% due to “underperformance of Letshego Africa Holdings as impairments...

Arkwright is a global leading strategy and management firm.The bullish local mobile money market, as of March 2024, had a total of 1.1 million subscribers, placing the country ahead of its regional counterparts and signifying the strong penetration...

A recent Bank of Botswana (BoB) survey on household indebtedness found that by December 2023, lending to households had experienced mild growth despite the central bank’s efforts to spur borrowing by maintaining interest rates throughout most of...

The Botswana Stock Exchange-listed company posted after tax profits of P17.8 million for the half year ended June 2024.It had posted a year end loss of P149 million last year, with financials harmed by investments in markets such as Nigeria and...

Should it acquire the licence, BotswanaPost would shake up the industry, as it would be only the country’s second indigenous bank while carrying one of the most powerful and enduring brands in the country.Postal services have suffered the brunt of...

Mmegi; Government’s re-rationalisation exercise of 2022 saw the separation of the Ministry of Finance and Economic Development birthing the National Planning Commission (NPC). What was the reasoning for this separation and what was the founding...

The Household Indebtedness survey found that loan innovation of commercial banks was growing bleak, with micro-lenders showing more appetite for risk as they increased their lending to the private sector. As of December 2023, household debt stood at...

The report compares the performance of countries across four factors being economic performance, market accessibility, social and human development and economic stability, producing one metric that gives investors a sense of how each of the 31...

However, persistent issues with the system mean that government lacks information on its spending and revenue, resulting in blind planning and budget implementation. The situation poses a serious risk to the economy.Economist and former Deputy...