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The world shakes at its shoes as poll dates draw closer and closer like the dreaded sound of the hangman’s footsteps echoing in the ears of a felon whose fate is the gallows. In 2024, it is not just about who will emerge victorious, it is about the...

Botswana’s diamonds are not just shiny stones concealed by the Sahara sands that drape the turf of the nation’s territory, they are the roads coiled all over the nation, the buildings that house the country’s industrialisation efforts, diamonds...

While the “mokgolosa” statement has gone viral on social media, some public finance experts are sounding the alarm over the amounts of cash the government is pouring into unviable ventures, a persistent trend over the years.Experts estimate that...

The pension fund snapped up about 61.3 million additional shares amounting to 5.65 million Australian dollars (A$) (P50m) under the second round of an offer by Tlou that was initially closed in January. The new shares take BPOPF’s total equity in...

The state-owned national flag carrier has been drenched in financial dire straits for many years with the airline failing to break even due to low sales and high maintenance costs. Responding to a question in Parliament, Serame revealed that...

Government efforts to invest in Small to Medium Enterprises in the country have been mainly for job creation purposes, as the economy has long struggled with rising unemployment rates, particularly amongst youths.The report, which is a study on the...

Under amendments to the Retirement Funds Act, the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) mandates pension funds to raise their domestic holdings to a minimum of 50% of their total assets, progressively between 2023 and...

RERA’s annual conference took place over four days in Gaborone last week, in the backdrop of the ongoing global debates on the optimal use of energy sources especially around coal which has been snubbed by the global community. Delegates at the...

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...

Despite being amongst the pioneers of synthetics, through its Element Six firm which was established in 1946, De Beers has consistently been dismissive of any argument that these lab grown stones could pose any kind of threat at retail level. Element...

Reminiscing over the 2014 election, pressure groups were seething with anger, fuming and livid with the frustration of their unmet needs under former President Ian Khama’s regime. Trade unions in particular were gatvol with Khama, following the...

Mmegi: In 2022 the government of Botswana amended the Public Procurement Act, a move which necessitated the evolution of the former Public Procurement Asset Disposal Board (PPADB) to the Public Procurement Regulatory Authority (PPRA). What was the...

The diamond miner’s sales fell through the cracks of a depressed diamond market that has been undergoing steep downturns.Total revenues for the year totalled P2.4 billion compared to P2.9 billion recorded in 2022. The weak sales performance comes...

South Africa can be metaphorically depicted as one of Africa’s fattened economies, a nation that has phoenixed from the ashes of apartheid and risen to become a continental giant.The roly-poly nature of South Africa’s chunky economy comes at the...

In the Global Risks Report 2024, a survey of business and economic experts from around the world highlighted steep economic hurdles lying ahead for the world in the next 10 years, as a culmination of environmental risks, geopolitical tensions, and...