Business

Used Vehicles steer motor market as new registrations slow

Botswana’s roads may be getting busier, but the latest transport figures suggest the country’s appetite for putting new cars on them is cooling. A total...
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BDC swings back to profit 

Botswana Development Corporation (BDC) has staged a dramatic financial turnaround, moving from a P171 million loss to a P14 million profit before tax in...
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Letshego seeks P800m from shareholders to cut funding costs

Letshego Africa Holdings is seeking P800 million from shareholders as the Botswana-based financial services group moves to reduce costly borrowing and build a more...
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New SOE Ownership Policy targets value from state assets

Botswana is preparing to overhaul the ownership of state-owned enterprises as tighter public finances and the push for economic diversification expose the cost of...
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Digital banking shifts Botswana lenders towards fee income

Botswana’s banks are increasingly generating revenue from digital transactions and other non-interest activities as pressure on traditional lending income intensifies, according to the Bank...
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Vultures: Botswana’s US$250m-a-year ‘clean-up crew’

Botswana’s vultures may be ugly ducklings of the wildlife economy but they are quietly doing business worth more than US$250 million a year across...
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Chobe Holdings, UB students take tourism partnership beyond the classroom

A partnership between Botswana Stock Exchange-listed tourism group Chobe Holdings and University of Botswana (UB) Tourism and Hospitality students is putting a practical face...
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Namibia FMD outbreak puts Ngamiland beef corridor at risk

Botswana’s newly opened route for Ngamiland beef to Angola faces fresh uncertainty after Namibia detected foot-and-mouth disease (FMD) in the Kharas region, raising concerns...
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Treasury borrowing hits halfway mark as bond issuance lags

The Bank of Botswana will seek P3.1 billion from domestic investors on September 24, taking government securities financing past the halfway mark for the...
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Inflation eases marginally as electricity, food costs rise

Botswana’s annual inflation eased marginally in August, offering little relief to consumers as higher electricity, food and other household costs continued to keep price...
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