This sharp decline has sparked widespread concern about the fiscal trajectory of the fund. Despite these concerns, the Minister of Finance maintains that the nation's finances are not in the red.The financial downturn of the GIA comes at a...
China Harbour Engineering in partnership with China Water and Electric Company will work with local investors on the project that is due for commission in the second quarter of 2026. Chinese media put the value of the contract at $78.3 million (P1.05...
The Competition and Consumer Authority (CCA) recently granted Sun International approval to take over Peermont Holdings, which indirectly owns 60% of Peermont Global Botswana. However, the BDC, which owns the balance of the shares, will retain its...
Narrating her story of how she started her entrepreneurial journey, she explains it was in 2010 when she attended an agricultural show at the village located in the north eastern part of Botswana. It was while exploring the exhibits that her...
Stanbic Bank granted the loan facility as part of a green finance product that aims to support climate action in the agricultural industry. With the loan injection, the company will be able to expand operations with another 250 hectares of food...
Speaking at the second edition of the local manufacturing summit organised by the Botswana Chamber of Mines (BCM) last week, President Mokgweetsi Masisi hailed the industry as one of the sectors that are key to the country's economic...
The move follows a deal struck between BotswanaPost and Funeral Services Group (FSG), the country’s two leading specialist service providers. According to details of the groundbreaking agreement, convenience and accessibility will be brought to the...
Set partly on a cliff face overlooking the banks of Thamalakane River, the hotel was built through a partnership between investors, Sam and Sandrine Morris and Ker & Downey Botswana, a subsidiary of Chobe Holdings. The Botswana Investment and Trade...
Whilst the last Initial Public Offer (IPO) on the BSE was at least seven years ago, the local bourse’s dry spell has been helped by secondary equity listings, various types of debt listings and the introduction of innovative products such as...
In their most recent economic review, Econsult researchers, Keith Jefferis and Sethunya Kegakgametse, said the government’s approved spending for 2024–2025 of P102 billion would likely produce a deficit as high as P17 billion, due to the...
Oral arguments were scheduled to be heard before Justice Jennifer Dube of the Lobatse High Court on Wednesday. BOFIAWU is specifically suing Finance Minister Peggy Serame as the second respondent, through the Attorney General, who is cited as the...
Speaking at the second edition of the Local Manufacturing Summit this week, agro-processing consultant at NARDI, Dennis Maswabi, highlighted the significant potential of agro-processing to drive economic growth and diversification. Maswabi emphasised...
According to information shared by the presidency on Wednesday, Caner met with President Mokgweetsi Masisi, Minerals and Energy minister, Lefoko Moagi, and other senior government officials on Tuesday.Caner’s wholly owned investment group, NIU...
As the demand for natural and sustainable food options continues to rise, Bee Fields has positioned itself as a leader in this niche market, offering products that are as beneficial to the environment as they are to consumers. Bee Fields was founded...
Sun International, the South African giant which is one of Africa’s largest tourism and leisure operators, left the country in 2017 after selling its 16% stake in Gaborone Sun to Minor International, the parent group to Avani Hotels. Peermont...
According to the Commission, the upcoming National Development Plan (NDP) will be a “vehicle that takes the country to greater heights.” Speaking at a stakeholder engagement last week, the Commissioner General, Batho Molomo, revealed that they...
This advanced facility is designed to streamline operations and enhance efficiency, tripling the storage capacity of farm produce from 30, 000 to 90, 000 metric tonnes. The development is a crucial step towards achieving the country's long-term...
This year’s showpiece is being held under the theme “Botswana 4.0: Building the Future through Industrialisation, Manufacturing & Innovation” which is inspired by desire to create a platform for businesses to network, collaborate and showcase...
From an initial target of as much as 32 million carats at the beginning of the year, De Beers revised its maximum output this year to 29 million carats, then last week lowered this to 26 million carats. Debswana produces about two-thirds of De...
The diamond retail market has been experiencing subdued demand since the second half of last year, causing the mid-stream to build up high inventories which have in turn forced producers such as De Beers to cut production.Presenting the group’s...
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