Business

Gov’t eyes small aircraft, new routes to revive Air Botswana

The government says it is considering introducing smaller aircraft and restructuring routes as part of a broader effort to revive the struggling national airline,...
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Lucara raises P4.7bn bonds to fund Karowe expansion

Lucara Diamond Corp has raised $350 million, about P4.7 billion, through a private placement of senior secured bonds, securing the final financing needed for...
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Botswana turns to cities to diversify tourism

Botswana is seeking to broaden its tourism industry beyond luxury wildlife safaris by promoting urban tourism and expanding opportunities for citizen participation in the...
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Low vaccination rates blamed for persistent FMD in North West

Botswana’s government says low vaccination coverage among livestock is a key reason foot-and-mouth disease (FMD) continues to persist in the country’s North West region. Minister...
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Choppies warns of profit decline 

Choppies Enterprises has warned that profits for the six months to December 2025 will decline, as weaker consumer spending in Botswana and regional economic...
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Absa warns 2025 profit to fall as costs and impairments rise

Absa Bank Botswana has warned that its full-year earnings for 2025 will decline from the record performance achieved the previous year, citing rising impairment...
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New survey shows unemployment rate climbing

Botswana’s unemployment rate has increased to 21 percent, reflecting continued pressure in the country’s labour market as more people enter the workforce. Preliminary results from...
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Debswana sales rise 

Botswana’s diamond industry showed tentative signs of recovery in 2025 after a difficult year marked by weak global demand, although the sector continues to...
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First Capital Bank rolls out instant SADC payments

First Capital Bank Botswana has launched a new cross-border payments platform that will allow customers to receive money from across the Southern African Development...
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FNBB leans on digital push as profits hold stead

First National Bank Botswana says growth in digital services helped cushion its performance  by rising funding costs and tighter liquidity across the financial sector....
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