Proparco is a development finance institution owned by the French Development Agency and private shareholders from across the globe.The £15 million deal is expected to support Letshego's quest to improve more lives with inclusive finance...
In his maiden State of the Nation Address (SONA) last week speech, President Duma Boko shared his vision of implementing the decade-old song of moving the economy away from dependence on diamonds. “Botswana’s reliance on diamond revenues has been...
According to the entity, whose responsibility is to prevent and redress anti-competitive practices in the economy, it incurred a net loss of P13 million for the year ended March 31, 2024 and as of this date, total liabilities exceeded total assets by...
Lesedi remains Tlou’s flagship initiative, aiming for its first power generation by mid-2025. Officials highlight its pivotal role in Botswana’s gas-to-power sector, driving forward the proposed 10MW gas-to-power project. Tlou signed a Power...
The two institutions signed a Memorandum of Agreement (MoA) solidifying a relationship aimed at academic enrichment and capacity building. Speaking at the event, BAC Executive Director, Serty Leburu, reflected on the growth of the institution since...
Starting on Wednesday, the high-profile event will bring together the continent’s leading financial minds to strategise, collaborate, and discuss the dynamic evolution of African capital markets.Recognised as the premier forum for African capital...
NBFIRA regulates the activities of the insurance sector, non-bank lenders such as pawn brokers, capital market players such as the stock exchange, pension funds and asset managers, as well as virtual asset services such as cryptocurrencies. As at...
Competition and Consumer Authority (CCA) has acknowledged receipt of the merger bid, noting that upon the implementation of the proposed transaction, Abovax will have a controlling stake in MRI Botswana.Currently, MRI is owned by Botswana Medical Aid...
The 10 river-facing chalets were created with fashionable aesthetics and balconies facing the river, incorporating upgraded technology to meet the needs of Cresta Marang guests.The chalets feature king-size beds, free WiFi, en-suite bathrooms and...
The World Digital Competitiveness Report (WDCR) is an annual comparison of digitisation efforts across three key factors being Knowledge, Technology, and Future Readiness. The WDRC is carried out by the Swiss-based Institute for Management...
Bonds are financial instruments issued by government and corporates to borrow money from the market. Secondary market trades involve sales of bonds by those who bought the bonds at their original floating by issuers such as governments and...
Addressing a recent Master Class in Gaborone, co-founder of Nando’s, Robert Brozin, also urged entrepreneurs to prioritise the broader impact of their businesses. “Doing business in Africa involves unique challenges,” he said. “It requires...
Since July, the central bank, acting as the government’s agent, has floated treasury bills and bonds seeking a total of P13.1 billion, but has only raised P9.4 billion or about 72%.Before July, the BoB was meeting its debt targets, with...
Whilst Botswana ranks fifth lowest amongst 19 regions in terms of suspected digital fraud rates, specific industries, especially gaming, have faced heightened risks.According to TransUnion’s State of Omnichannel Fraud Report of 2024, the gaming...
The diversified property developer’s assets were bolstered by developments around existing properties as well as acquisitions.According to the company’s full-year results to June 2024, FPC's reconciliation of investment property, a figure...
According to officials, Afrigreen is providing financial support to the 4MW project, which is being developed collaboratively by local companies Energy Systems Group (ESG) and Sahara Renewables Group (SRG).This investment represents Afrigreen’s...
The event brought together technologists, entrepreneurs, and social impact advocates to recognise projects making strides in health, education, and community welfare. Central to the event were awards for the Orange Social Venture Prize (OSVP) and the...
Organised with Letlole La Rona Limited (LLR) as the primary sponsor, the event provided a platform for in-depth discussions on community-focused and sustainable real estate practices. Through a series of keynote addresses, insightful panel...
According to data from the Bank of Botswana Economic Financial Statistics, the value of diamonds sold by Debswana fell from P9.8 billion in Q2 of 2024 to P3.3 billion in Q3, a 66% quarter-on-quarter drop. Rough diamond sales refer to the value of...
In a market update, directors said the key substation was due to be completed by the end of the year, marking a significant step towards evacuating power into the national grid. Lesedi is Tlou’s most advanced project, with the project targeting the...
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