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Hefty fines are looming for illegal miners, the Minister of Minerals and Energy has announced at this year’s Future of Mining Summit.Addressing over 500 delegates at the 2nd edition of the Summit, a platform for dialogue, networking and thought...

De Beers’ decision to permanently close Damtshaa Mine as part of a wider restructuring and cost-saving strategy has irked Botswana Mine Workers Union (BMWU).The Union wants the new government to decisively act on the announcement and involve...

Botswana Development Corporation (BDC) has been applauded for its commitment to breathe new life into Lobatse’s economy, through investment in various industries. Over the past years, the Corporation has invested into Delta Automotive Technologies,...

Despite headwinds threatening the country’s ambition to transform into high-income status, the government continues to put several initiatives on the table towards the objective.One of the initiatives intended to support the transition is...

The Minister of Minerals and Energy, Lefoko Moagi has cracked the whip on authorities working under his ministry to fast-track the country's ambitious integrated resource plan (IRP) delivery.The blueprint launched in 2020 is continuously being...

Over 600 thousand Subscriber Identity Module (SIM) cards have been suspended from service for failure to comply with Know Your Customer (KYC) requirement, Botswana Communications Regulatory Authority (BOCRA) has revealed.The development comes after...

Government has been implored to allow the private sector to play a large role in economic activities of the country, for rapid growth and development.The country’s development partners - United Nations Development Programme (UNDP) and World Bank...

Persistent technical hiccups affecting government’s online accounting platform - Government Accounting and Budgeting System (GABS) are expected to cease before end of March, the Minister of Finance has revealed. The Minister of Finance, Peggy...

Botswana Stock Exchange (BSE) listed tourism player Chobe Holdings is still reeling from COVID-19 pandemic challenges, the company’s latest business update has revealed. Despite international travel trends having an increased demand for luxury...

Wildlife Justice Commission has warned of emerging illegal sand mining mafias, as the environmental crime escalates across the globe.The development is due to sand being a key raw material in the concrete, asphalt and glass that build infrastructure...

Botswana Investment Trade Centre (BITC) has put out a call to Zimbabwean companies, to utilise the local economy, and raise operation funds. Speaking at the 40th anniversary of the Zimbabwean based Emeritus International Reinsurance Company, the BITC...

With limited options to finance fiscal deficits on the backdrop of declining Investment Account (GIA) and global economic challenges, government has set its eyes on the local equity market. The anticipated fiscal deficit for the year 2023/2024 is...

Botswana Stock Exchange (BSE) has announced intentions to launch construction of its headquarters in the capital’s Central Business District (CBD) in the fourth quarter of the year, estimated to cost between P175 million to P200...

Kwa Nokeng Oil has implored freight industry stakeholders, both government and private to improve infrastructure, minimise ports of entry delays and security issues in order to spur the country’s transport sector growth. Speaking at the inaugural...

Government has been urged to remove bottlenecks anticipated to weigh down prospects of the economy. Econsult analyst, Sethunya Kegakgametse in the company’s first quarter economic review, said uncertainties lingering over the economy will inject...