Wednesday, July 17, 2024

Business

BoB calls for prudential management of Pula Fund

Senior executives at the Bank of Botswana have strongly advocated for the government to establish protective measures around the Pula Fund, Botswana's sovereign wealth...

Informal traders urged to embrace Insurance for business protection

The Association of Small, Medium and Micro Enterprise Business in Botswana (ASMMEB) is encouraging informal traders to consider utilising existing insurance policies to safeguard...

Inflation eases to 3.0% in May

The national annual inflation rate decreased slightly to 3.0 percent in May 2024, down from 3.1 percent in April 2024, according to the latest...

P30 million needed to complete Tsabong multi-species abattoir

The government has disclosed that an additional P30 million is required to complete the Tsabong multi-species abattoir, pushing the total cost of the project...

PNRL drums up support from financiers as it seeks to open BCL mines 

As the demand for copper rises, Premium Nickel Resources Limited (PNRL) has announced pleasing reception to its capital raising exercise aimed at resuscitating the...

New Khoemacau owners plan nearly P10 billion investment 

The new owners of Khoemacau plan to pump $700 million (P9.5 billion) in the copper mine, expanding production, as the demand for copper projected...

Pula weakens against Rand, gains against key currencies

The country’s currency, Pula, saw a 4.5 percent decline against the South African rand and a 1 percent rise against the IMF Special Drawing...

Botswana mining firms urged to embrace debt financing options

Debt financing is significantly underutilised by mining companies on the Botswana Stock Exchange (BSE), according to Kopano Bolokwe, Acting CEO of the BSE. Despite...

Botswana faces continued trade deficit despite March export surge

Botswana's trade balance remained in deficit in March 2024, extending a trend that has persisted since September 2023, according to the latest figures released...

Hundreds of Chema Chema Fund beneficiaries missing

More than 600 potential beneficiaries of Chema Chema Fund have gone missing after completing initial training and receiving pre-approval from the Citizen Entrepreneurial Development...