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US admits AGOA needs to be improved

A study commissioned by the US Congress found that the African Growth and Opportunity Act (AGOA) is a trade failure. This emerged during a digital press briefing held last week ahead of the upcoming...

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Economy faces gloomy future on depressed demand

Gloomy diamond demand cloud hope for ambitious ODC A new report on Botswana’s economy makes a grim reading, highlighting the uncertain future, likely brought by a depressed diamond market. Econsult, a...

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Mares buoyant despite Olympic qualifier setback

The hopes of Botswana’s national women’s football team, The Mares, to secure a place in the Women’s Olympic Football Tournament for Paris 2024 have been shattered following a disappointing 3-0...

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Emeritus Emboldens Its Strategic Re-Insurance Position

Amalgamation fortifies a regional thrust in African markets, protecting Africa’s valuable assets for generations Robust balance sheet, strong technical know-how, and physical presence in chosen...

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BNOC Leaves BAA on The Dark Regarding Paris Olympics Preps

Less than a year remains until the eagerly awaited Paris 2024 Olympics. However, the Botswana National Olympic Committee (BNOC) veil of secrecy surrounding its preparations for this forthcoming global...

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November 3rd Edition

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BOTASH hosts successful 2023 Inter-Mines First Aid games

SOWA TOWN: The usually sleepy soda ash and salt mining township of Sowa was a hive of activity last Saturday when the Botswana Ash (BOTASH) (Pty) Ltd hosted a successful 2023 Inter-Mines Fist Aid...

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School fee benefits trigger PAYE

In a bid to ensure that employees are well remunerated, some organisations grant their employees monetary and non-monetary benefits which include school fees benefits for the employees’ children or...

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Need to close ranks in fight against climate change

Development Finance Institutions (DFIs) need to play a strategic role in supporting member institutions and the African DFI community in addressing climate change. Citizen Entrepreneurial Development...

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Absa invests P1.4 billion in local mining

Bank distributes over P1 billion to SMEs Looks to issue first ESG bond in Botswana Absa Bank Botswana said it has invested heavily in the mining industry over the years as part of its effort to...

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Research firm forecasts a Central Bank hike of policy rate in 2024

The central bank is expected to raise its interest rate next year to  keep inflation in check, an independent reaserch firm, BMI Research said. The firm forecasts that Bank of Botswana (BoB) will...

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CEDA boss warns about impeding climate change fears

Without strategic actions to combat climate change, the global economy could witness a decline exceeding 18 percent of its current GDP by 2048, with most severe impact felt by developing countries,...

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Call for a nuance approach to disability rights by the UN

It is an often spoken fact that human rights are for everyone. The Universal Declaration of Human Rights – which celebrates its 75th anniversary this year – has served as the cornerstone for the...

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Moody’s flags dominant public sector, weak private sector

Moody’s has raised concerns about Botswana’s private sector, describing it as “uncompetitive and subject to distortions.” This characterisation stems from the growing influence of the public sector and...

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November 10th Edition

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Banks prefer to lend middle-class – survey

Gov’t workers account for the highest amount of loans Household indebtedness stands at P58.3bn Banks have low repayment defaults The household indebtedness survey by the Bank of Botswana indicates...

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Business online registration improves tax compliance

Botswana has reformed its tax compliance to meet global standards, according to the OECD, an organisation that promotes economic development and global trade. OECD said reforming the business online...

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BOSASNet receives P250 000 from Mascom Batanani Walk to fight addiction

Top mobile telecommunications company, Mascom has donated over P250 000 to Botswana Substance Abuse Support Network (BOSASNet) as proceeds from its charity initiative, Batanani Walk 2023. Mascom said...

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November 17th Edition

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BERA To Overhaul Fuel Pricing Model

While details remain sketchy, petroleum companies hope the new mechanism will match the changes in international benchmark prices. The spokesperson for BERA, Tshepang Monare told this publication that...

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