Author

Lewanika Timothy
  • FSC raises alarm on cyber-financial crimes

    In its latest update, the Financial Stability Council (FSC), made up of the Bank of Botswana, the Non-Bank Financial Institutions Regulatory Authority, the Financial Intelligence Agency and the Finance ministry, said there is a growing threat to...

  • Race to the Union Building: South Africa’s coalition conundrum

    With no electoral winner, the nation heads for a coalition government which raises even more fears about the stability of such a government. In politics, they say there are no permanent enemies, and the adage will prove true soon, as parties that...

  • Chinese refiner warns BOL against CTL investment

    Synfuels China, a major oil refiner with operations in China, Mongolia, and Taiwan, presented this week to a technical team of local research institutions and investment agencies.Officials from Synfuels said the CTL project will involve uphill costs...

  • ‘Morupule coal suitable for coal to liquids project’

    The findings followed a studied on the viability of Botswana Oil Limited’s coal to liquids (CTL) project, which has been called to question especially the quality of coal in the country. A senior official at Botswana Oil, Gamu Mpofu revealed...

  • India slowdown cramps De Beers sales

    This was revealed in the latest sales report by De Beers in which the diamond miner projects that provisional fourth quarter sales will reach $380 million (P5.17 billion), which is a fall from last year’s Q4 sales of $479 million.Al Cook, CEO for...

  • Botswana slides in Fraser survey but still Africa’s No.1

    According to the 2023 edition of the authoritative survey, Botswana took back its position as Africa’s most attractive mining investment destination, overtaking Morocco.At the global level, five European countries overtook Botswana in the latest...

  • Is working a nine-to-five still relevant?

    The average employee spends eight hours, Monday to Friday, working away while watching the clock, hoping the sun makes its way jet-like speed back to the western horizon. Now than ever, it is evident that work as we know it will soon change, but what...

  • Botswana eyes $17bn US fund

    Speaking to BusinessWeek during the recently ended US-Africa Business Summit held in Dallas, Texas, a highly placed MCC insider said Botswana has applied to be a beneficiary of the MCC, as part of efforts to revive barren sectors and state-owned...

  • Is working a nine-to-five still relevant?

    The average employee spends eight hours, Monday to Friday, working away while watching the clock, hoping the sun makes its way jet-like speed back to the western horizon. Now than ever, it is evident that work as we know it will soon change, but what...

  • Botswana buys 95 heifers, 150 dairy goats from Australia

    The livestock is expected to touch down at Sir Seretse Khama International Airport on Tuesday. Addressing Batswana in the Diaspora here last week, Masisi said his government was keen on improving the state of agriculture in the country justifying a...

  • Econsult raises alarm on fiscal sustainability

    Generally, Botswana is known for its prudent fiscal policy, with excess government earnings being saved or invested in offshore accounts to shield the mineral dependent economy from rainy days. Despite this track record, the government has, in recent...

  • Casting the tourism net wider

    The industry is beaming with hope that there is more traction being made in extending the spread of tourism to other parts of the country. However, there are seemingly insurmountable challenges the industry faces ranging from climate change to the...

  • Masisi unveils investment process accelerator

    Giving the keynote address at the Hospitality and Tourism Association of Botswana (HATAB) annual conference held here last week, he made public the new entity in response to the tourism industry’s concerns about the delays in the provision of...

  • De Beers sees subdued market for diamonds

    De Beers reported suboptimal sales of rough diamonds, especially in the last quarter, resulting in revenues of $4.3 billion, down from $6.2 billion in 2022.Briefing journalists last week, senior De Beers officials said their forecast indicates that...

  • 'Why we didn't bid for Khoemacau'

    Chinese state-powered firm, MMG, has finalised the purchase of Khoemacau for about P25 billion, the largest private-sector transaction to ever happen on local soils.Speaking last week in Maun at a ceremony to mark MMG’s takeover, Moagi said...

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