The move marks a significant step forward for the company as it expands its regional footprint and brings innovative solutions to the dynamic Botswana market.Tano Digital Solutions Botswana country general manager, Tefo Noke, said the launch marks a...
In the second quarter of 2022 copper in concentrates production stood at a little over 10, 000 tonnes and in the same quarter of 2023 copper in concentrate rose to over 16, 000 tonnes, an increase of over 50%.The uptick in copper production is the...
Last year’s fines are more than six times what the BoB handed out to banks for non-compliance in 2021, trend analysis by BusinessWeek indicates. According to the central bank’s Banking Supervision Report (BSR) for 2022 released on Wednesday, five...
Officially opening this week’s International Association of Gaming Regulators (IAGR) conference, said the plan is expected to create 2,797 direct jobs. “Our licensing plan supports Small, Medium and Micro-Enterprises (SMMEs) and will also bring...
BusinessWeek has learnt that Botswana is amongst one of the priorities for Airlink, which over the years has built a formidable presence in the region’s skies. Airlink has up to 50 return flights a week to Gaborone, Maun and Kasane, a stiff...
The platinum deposits have been spotted in the Gantsi and Chobe areas. Platinum is a rare mineral with wide industrial usages, including in the production of optical fibres and turbine blades.One of the critical minerals, manganese, has been...
Known as “principle-aligned nature conservation financing” the loan sealed between Standard Bank and Wilderness represents a first for the African market.Standard Bank head of Corporate Financing Solutions in the Corporate and Investment Banking...
The projects addressed critical areas such as horticulture, aquaculture, apiculture development, food and nutrition policy development, post-harvest loss management, the cultivation of good agricultural practices, quality management systems, and the...
In an update to investors last week, PNRL directors said construction of a new mill for the Selebi shaft would begin in the third quarter of 2025, with commissioning of the mill and operations kicking off in the last quarter of 2026.Between now and...
Case in point is Modisaotsile Tshuma, a young and highly motivated entrepreneur who eight years ago used his welding skills and passion to set up his enterprise.His Palapye-based company, which trades as General Trade and Manufacturing Supplies,...
The latest product is a payment solution by FNB that will allow for monetary payments and transactions to be credited to cell phone wallets and cards by users. Just like cheques, eWallet Pro allows account holders to send and pay debtors only that...
Initiated in May 2022, CEEP aims to boost Botswana's socio-economic development and foster robust service industries capable of serving both domestic mines and potentially exporting services in the future.Speaking at the PushaBw forum during the...
Officials at the government’s integrated investment and trade promotion authority said since the launch of the #PushaBW initiative they have seen local retail stores listing the local products.Speaking during the #PushaBW forum on the sidelines of...
In a statement, the organisers, Property267, said high profile speakers will showcase how their companies started as Botswana based businesses and grew to international strength.“Informative industry and economic insights will be presented by...
De Beers sells 90% of its production by value to an exclusive list of contract buyers known as sightholders, who are offered stones at 10 sales events or 'sights' held in Gaborone each year.The balance is sold via auction to more than 900...
Governments float foreign currency bonds in order to raise debt from global investors. Foreign currency bonds give governments protection against inflation and – for countries with high sovereign credit ratings such as Botswana – can represent...
Across the continent, government lead in the provision of healthcare to the public, often at subsidised rates, leaving a sliver of the market for the private sector. This, insurance sector experts say, inhibits the growth of the industry.For Sanlam...
This year, the expo also features the inaugural European Union-Botswana Business Forum.Officially launching the 17th edition of the showcase on Wednesday, President Mokgweetsi Masisi said the expo offers an opportunity for delegates to discuss issues...
In its Financial Access Survey released last Tuesday, the IMF said the number of mobile money accounts per 1,000 adults had grown from 1,115 in 2017 to 2,973 in 2022.The growth in mobile money usage is also clear in the value of mobile money...
The venture, named after her daughter Anisha Galetlale, operates out of Minestone but manufactures its products in Matshelagabedi. Galetlale, serving as the Managing Director of Coco Nisha hair products, told Business Monitor that she has been at the...