Since the discovery of diamonds Botswana maintained strong economic growth in excess of eight percent per annum. The only other country recorded as having enjoyed a rapid economic growth over such a long period is said to be none other than Botswana’s newest economic buddy – China.
The government of Botswana is said to be working around the clock and behind the scenes to set up an economic development board that will be similar to the one that was set up by Mauritius a few years back.
FRANCISTOWN – The President, Mokgweetsi Masisi last Monday told the business community gathered here that he will not “fire” ministers who recently contested and lost during the ruling Botswana Democratic Party (BDP) primary elections – Bulela Ditswe.
In a scene reminiscent of action packed thriller movie, Botswana’s security apparatus on Tuesday descended on Botho University and arrested one of the school’s top executives.
On the occasion that marked the announcement of what should by now have radically changed the shape of home ownership in our country, the Government said that one of the functions of SIHA (Single Housing Authority), mandated to the Botswana Housing Corporation in 2012 will be the provision of ‘affordable’ and ‘adequate’ housing for all income categories.
Botswana, along with Mozambique and other SACU members, are currently holding talks with the United Kingdom (UK) to agree on a trade arrangements post the exit of UK from the European Union block, Permanent Secretary at Trade Ministry – Peggy Serame has said.
There are fears that the recent reports about more than 80 elephants allegedly killed by poachers have the potential to affect the number of tourists that visit Botswana’s tourism destinations.
The Choppies group, Botswana’s leading mass grocery retailer and emerging regional player in the fast moving consumer goods is going through a mammoth task to appease and retain its investors from both fronts in the local bourse and the Johannesburg Stock Exchange.
Botswana has not been able to take advantage of its highest credit ratings by leading agencies, the Chief Executive Officer at the Botswana Stock Exchange (BSE) – Thapelo Tsheole has said.
Elsewhere, startups are beginning to move in on the territory of insurance giants, who are themselves beginning to change their service models.
While in Botswana things are still moving slow, in the global space Insurtech has already started to force the insurance industry to step up its game in terms of customer service and offerings.
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