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‘Bots Oil bolsters efforts to further CEEP’

The stated owned petroleum giant Botswana Oil has successfully transformed fuel industry and empowered citizen owned companies.

PUBLIC NOTICE

BERA announces decreases in petrol prices

 Own Correspondent  20th December 2023  Botswana Energy Regulatory Authority (BERA)...

Business

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Lucara Botswana recovers large blue diamond

Lucara Botswana which is synonymous with the largest diamond finds in the world, today unveiled one of the largest recorded blue diamond discoveries in the world at 36.92 carats.

Botswana bets on gas mining boost for flagging economy

Botswana is no rough diamond when it comes to producing one of the world’s most sought-after minerals. The Southern Africa nation was responsible for 80% of global diamond exports in 2024, according to the Observatory of Economic Complexity.

BDC resolves to sweat non performing businesses

The Botswana Development Corporation(BDC) has released abridged results for 6 months ending 31 December 2025 showing P49million trade income, a nominal trade income growth year on year of 4%. It also reported credit losses of P77million.

Declining mineral revenue lead to moves to improve tax collection

The performance of the mineral sector has become increasingly volatile with global demand shifting and depleting fiscal buffers forcing a change in approach to finance development spending officials have revealed.

HATAB – Tourism upbeat over Budget Speech projections

Hospitality and Tourism Association of Botswana (HABAT), held a press conference at the Cresta President Hotel, Gaborone with Ms. Lily Rakorong, Chief Executive Officer(CEO) of the organization optimistic about the tourism industry following the 2026 state budget announcement.   

Bots and Zambia lead regional integration efforts

President Duma Boko and President Hakainde Hichilema of Zambia stood on the banks of the iconic confluence of the Chobe and Zambezi Rivers, at the world’s only quadripoint, to officially launch the Kazungula Bridge Authority (KBA).

‘Budget speech eyes SMME’s and public works for JOBS’

The over-reliance on diamonds poses a significant risk to economic stability and so the Government has developed the Botswana Economic Transformation Programme (BETP) by identifying 186 projects across six economic priorities and three social sectors revealed the Vice President and Minister of Finance Ndaba Gaolathe when presenting Budget Speech on Monday.

BTC sponsors World Athletics Relays

Botswana Telecommunications Corporation Limited (BTC) has been unveiled as a sponsor of the World Athletics Relays Gaborone 2026 to be held in Gaborone, Botswana on the 2nd and 3rd May 2026 at an event organised to reveal and honour the founding sponsors.

‘BURS collaborates with Tax Inspectors without Borders’

BURS on Monday launched the Tax Inspectors Without Borders (TIWB) Programme to unravel complex financial network in order to recover taxes through a unique collaboration between the OECD, the UNDP, and the Botswana Unified Revenue Service.

‘Stakeholders discuss revising SMME Definition to boost SMME Growth’

The Local Enterprise Authority (LEA), along with the Ministry of Trade and Entrepreneurship is leading a nationwide stakeholder consultation process to gazette an updated and legally binding definition for Small, Micro, and Medium Enterprises (SMMEs).

Central Bank Governor cautions commercial banks

Commercial Banks in Botswana have been instructed by the Central Bank today not to increase their current Prime Lending Rate’s(PLR) after it increased the Monetary Policy Rate (MoPR) by 160 basis points from 1.9 percent to 3.5 percent.

DIVERSIFY Bots economy through Gambling

The acting Chief Executive Officer(CEO) of Botswana’s ‘Gambling Authority’ Moruntshi Kemorwale, spoke at the ‘Botswana Mining Show’ about the national economic potential of gambling.

Progressive Institute host Inaugural Mining Show

The mining industry has met and held the “Botswana Mining Show”, themed, “A new Era in Mining”. The show, which concludes on Thursday 23rd October, is meant to increase collaboration within the industry and educate the public about mining.

BOTSWANA LAUNCHES ELECTRICITY ENERGY IMPACT PROGRAM

Botswana launched the Energy Compact program at Hotel 4:30 in the new CBD, Gaborone, Botswana.
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