In its economic briefing on Wednesday, Mmegi was able to put several questions to Bank of Botswana (BoB)’s senior management on the impact of the sweeping amendments to the Bank of Botswana Act made by Parliament earlier in the week.The amendments...
At the recent funders’ conference called by government to test the private sector’s appetite to invest in public infrastructure, Finance Minister Peggy Serame painted a bleak picture of the country’s fiscal future.According to Serame, between...
FRANCISTOWN: Minors aged 17, who cannot be named for legal reasons, appeared in court Tuesday on a certificate of urgency asking to be granted bail following a spate of shop breaking, theft and armed robbery cases that rocked Kasane and Kazungula...
The first time I came across the Makgadikgadi YCare Walk was last week when I saw their invitation which had been idling for quite some time in the office with no one showing interest in the event.The low interest was perhaps because the walk is...
Mmegi: Has Russia had any engagement with the Government of Botswana since the operation in Ukraine began, and what has been the response of Government?Kemarskiy: Russia has enjoyed excellent relations with Botswana since the establishment of...
With tensions rising in the tourist town, Alrosa head of International Relations, Petr Karakchiev, apparently delivered a hard-hitting speech riddled with words such as “idiots”, “nonsense” and sarcastic jabs at “profound experts” and...
For the first three and half months of this year, Letshego Holdings was the Botswana Stock Exchange (BSE)’s biggest gainer, its share price putting on an incredible 40 thebe, or about 29%. Besides rosy earnings in recent financial periods, the...
Experts in the Ministry of Health believe the country has seen the worst of the fifth wave of COVID-19, which manifested in late May causing cases to exponentially rise in recent weeks.In the week from 19 to June 25, the country recorded 2,351 cases,...
Experts at the Botswana Unified Revenue Service (BURS) believe that if every taxpayer in the country paid their dues, there would either have been no need for the shock tax increases last year or at least the levels of the increments would have been...
The Kimberley Process, a United Nations’ backed supranational group that has fought conflict diamonds for nearly two decades, is stuck in a consensus paralysis that has led observers to question its relevance in keeping the global diamond industry...
Everybody was alive to the fact that he was a sickly man who was in and out of hospital throughout his 59-year life yet many hoped that providence would continue to spare him.With the benefit of hindsight, following a London diagnosis of no hope,...
How high will inflation rise?The answer depends on who you ask. At Kgori Capital, analysts expect that inflation will average 11.3% this year, a figure which if realised would be the highest average since 2008.Researchers at First National Bank...
Minister of Defence, Justice and Security, Kagiso Mmusi introduced the Criminal Procedure and Evidence (Controlled Investigations) Bill, 2022, to a special sitting of Parliament on a certificate of urgency in late January, explaining that...
Russia’s ambassador to Botswana, Andrey Kemarskiy, was scheduled to leave for Kasane on Thursday ahead of the week-long meeting of a top diamond industry organisation, whose members include both Moscow’s friends and foes, as well as the ongoing...
The country’s single largest investment fund, the Botswana Public Officers Pension Fund (BPOPF), holds 30.9% equity in Letshego and wants three new nominees on the microlender’s board. Meanwhile, the country’s largest and most diversified...
In Botswana, many children either grow up without father figures in their lives or abusive homes. Even though Mother’s Day holds the greatest significance in many people’s lives, this is not always the case with Father’s Day because many...
North Korea. This is the only country a leading elephant conservation biologist says would be the sole target market in the world for any ivory Southern Africa states may want to sell.The Convention on International Trade in Endangered Species...
Cynics of economic growth figures frequently cite the quote made famous by US literary legend Mark Twain: “'There are three kinds of lies: lies, damned lies, and statistics”.When Statistics Botswana recently announced that the local economy...
When the business lobby group established the fair in 1994, the rationale was to provide exhibitors with a platform to actively promote their businesses and network amongst each other.During its formative years, the fair served as a platform for...
Local geologists say the country’s eastern half has been well prospected and to an extent, well developed, as seen in the establishment of several mines that have supported the well-documented mineral-led revolution of post-Independence...
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