Author

According to the financials released via the Botswana Stock Exchange on Monday, the BDC fell into losses, from pretax profits of approximately P32 million in the year to June 2021.“The corporation was faced with adverse market forces which resulted...

In an interview with BusinessWeek, the CEO of the one-year old regulator, Tumelo Motsumi said that the Authority is aware of concerns about poor delivery of projects by contractors as well as the swelling number of projects that cannot be completed...

Serame’s address, in its many features, was composed like a jazz song, with a series of highs and lows, well-tuned to low-pitch notes that represent the economic perils the nation faces.At the beginning, the tempo was allegro and the speech sounded...

The southern African region is known for its chivalrous hallmark, a region of countries either known for long-lasting peace, economic prosperity and democratic consolidation. The perk is led by South Africa which holds the stick due to its bulky...

Figures from the Ministry of Finance’s draft budget estimates published on Tuesday show that Air Botswana, the country’s troubled national airline, is scheduled to receive a bailout of P121 million in the 2024-2025 financial year. This follows an...

Interest rates represent the cost of borrowing money, expressed as a percentage of the amount borrowed. An interest rate is the phrase used to define the additional amount that a person or corporation borrowing money must return in addition to the...

Nobody expects two bold leaders to dance to “Gimme Hope Joana” in Pretoria or Gaborone together like two acquainted pals ready to enjoy a pint.However, diplomatic ties at the Head of State level between Botswana and South Africa are noticeably...

Absa Southern African economist, Ridle Marcus, last week revealed that inside forecast point to a tough year for Botswana’s economy with the main pressures coming from inflation facing commodities and a steep diamond price crunch.“The World Bank...

On October 7th, the paramilitary wings of Hamas, the Palestinian Islamic Jihad, launched a series of coordinated armed incursions into neighbouring Israeli territory, the first invasion of Israel since the 1948 Arab–Israeli War. The incursion ended...

Signet, which is responsible for the sale of half of Botswana's diamonds in the retail market each year, shared signals of hope with both De Beers and local media during a round-table last week. Its CEO, Gina Drosos, said the global diamond...

The yesteryear when children grew up under the same roof with their extended family members and ate from the same plate can only be reminisced upon and be missed by Gen X and other ‘fossil’ generations that came before that. It’s 2024 and kids...

This week during a visit to the De Beers, Gina Drosos CEO of Signet Jewelers, an international jewelry trader said that she is hopeful that once the ban is fully instituted will direct the markets eyes to Botswana hopefully sparking up demand for the...

Taking a step back to 2019 which were perhaps one of the nation’s most contested and heated elections, political parties across the political divide tried to convince the polity that the BDP`s rule as a supreme demagogue had come to end, using vast...

The facility, to be located along the Trans-Kalahari Highway a few kilometres from Gantsi, is meant to strengthen the security of fuel supply in the western part of the country. BOL officials revealed that while the international threshold for a...

Like the old feeble suggests, not all that glitters is gold and a peep into Botswana’s castle in the air reveals a rather bitter sweet narrative. Democracy as a political ideal, functions best at the backdrop of an army of institutions that need to...