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This sharp decline has sparked widespread concern about the fiscal trajectory of the fund. Despite these concerns, the Minister of Finance maintains that the nation's finances are not in the red.The financial downturn of the GIA comes at a...

The sands of time will forever bear our bigfoot as the small nation that brought the 200m Olympic crown to African soil. This victory reminds us what it means to conquer the insurmountable, the mundane, and the impossible. Thanks to sports, we feel...

Stanbic Bank granted the loan facility as part of a green finance product that aims to support climate action in the agricultural industry. With the loan injection, the company will be able to expand operations with another 250 hectares of food...

From a total of around one million Batswana who are eligible and actively seeking employment almost a quarter of them cannot find footing in the local labour market, which is bloated and has no room for new entrants. The figures are part of a larger...

Diamond industry woes are the talk of the economy this year, for obvious reasons that need no mention in a diamond dependent country. The issue is the extent to which the pinch of the diamond woes will be felt by Botswana’s purse and the tough...

Whilst the last Initial Public Offer (IPO) on the BSE was at least seven years ago, the local bourse’s dry spell has been helped by secondary equity listings, various types of debt listings and the introduction of innovative products such as...

According to the Commission, the upcoming National Development Plan (NDP) will be a “vehicle that takes the country to greater heights.” Speaking at a stakeholder engagement last week, the Commissioner General, Batho Molomo, revealed that they...

The diamond retail market has been experiencing subdued demand since the second half of last year, causing the mid-stream to build up high inventories which have in turn forced producers such as De Beers to cut production.Presenting the group’s...

A recent country report from the International Monetary Fund (IMF) forecasts that Botswana’s economy will face a growth deceleration this year, growing by only one percent compared to a previous estimate of 3.6 percent. This is mainly due to...

The question is, can a graduate who couldn’t find a job during COVID-19 in 2020 and still can’t find a decent job in 2024, say the economy is not in a recession? Certainly not, in fact for them the economy is still recessionary.Experts can talk...

According to figures released recently by the Bank of Botswana, meat exports which primarily comprise beef, soared to P173.6 million in the first quarter of 2024, the highest quarterly outcome since 2019.Beef sector insiders told BusinessWeek that...

Metshelo are traditional savings schemes in which members contribute funds on a monthly basis and share the returns in cash or kind on an agreed date. Being unofficial, however, many such cooperatives have fallen through the cracks in commercial bank...

Mmegi: The recent world competitiveness rankings revealed the strengths and weaknesses of Botswana across an array of economic factors. Which areas do you think are worth harnessing in order to increase the competitive advantage of...

The DPF is a defined contribution pension fund established in 1984 as a trust through a joint initiative between Debswana, Anglo American Corporation Botswana, and De Beers Prospecting Botswana with key investments in property, equity, bonds and...

The Mercer 2024 Cost of Living Index ranked Gaborone number 215 in the list, suggesting the capital is amongst the cheapest in the world. The index is based on the dollar's cost of a basket of goods and services which include food, transport, and...