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New African Properties (NAP) foresees continued financial headwinds as high inflation causes high expenses and low rental growth. NAP Managing Director, Tobias Mynhardt stated that property costs have increased across the board with utilities and...
JSE-listed tech group Altron has sold its businesses in Botswana and Mozambique to Zimbabwe’s Tano Digital Solutions. Alton says the sale follows a strategic decision by the Altron board in June 2021 to divest from the rest of Africa markets...
This week’s high-level engagement between Government and the private sector at the16th National Business Conference is expected to clear the path in the country’s step-by-step roadmap towards an accelerated transformation to a High-Income...
President Mokgweetsi Masisi has challenged the private sector to help government fight the constant rising inflation. The perennial rise in the cost of living has seen August inflation reaching 14.6 percent, beating the December 2008 rate of 13.7...
President Mokgweetsi Masisi has pinned hope on the reengineering of government entities to accommodate a ministry solely responsible for enterprise under his Reset Agenda blueprint to spur the national economy. “The new Ministry of Entrepreneurship...
De Beers says sales in its fifth cycle of 2022 rose by more than a third compared to the previous year, driven by buoyant US demand for jewellery and the gradual reopening of retail outlets in Covid-19-hit China. The world’s number one diamond...
Finance ministry deputy Secretary-budget administration, Olesitse Masimega has warned that weak governance and corruption scares foreign investors and potential business partners. Speaking at the high-level conference on the promotion of good...
Botswana Investment and Trade Centre (BITC) and the Japan External Trade Organisation (JETRO) in collaboration with the Japanese Embassy are working towards increasing trade between Botswana and Japan.Currently, despite the longstanding bilateral...
Finance and Economic Development Minister, Peggy Serame has allayed fears that government intends to hike taxes to plug fund fiscal deficits. Addressing media this week on issues related to Botswana Unified Revenue Services, Serame denied plans to...