Tuesday, October 27, 2020

Business

Banking industry applies brakes on lending

The usually resilient and profit churning banking sector is bracing for a slowdown this year, a slight disruption to the high momentum...

Unclaimed Funds at BoB grow to P17 million

The central bank – Bank of Botswana is in custody of close to P17 million which was collected from the country’s commercial...

Botswana’s diamond production decline by 67% in Q2:2020

A data compilation by the national statistics agency – Statistics Botswana (SB) for the second quarter of 2020 has shown that the...

Covid 19 locks Turnstar profits out

Property company and BSE quoted – Turnstar Holdings has said that its rental revenues reduced by P12.3 million compared to the prior...

Former Vice President Kedikilwe steps down from Sefalana board

Botswana’s former Vice President - Dr. Ponatshego Kedikilwe is amongst the four directors who are leaving the board of directors of the...

Botswana’s mining decade low deep

While it might not come as a shock given the disruptions caused by Covid-19 containment measures, mining activity in Botswana had its...

China writes-off Botswana’s almost two-decade loan

Chinese President Xi Jinping has offered his unwavering support to Africa in the fight against the Coronavirus pandemic amid mocking flu claims...

Astute banker Reinette van der Merwe returns

Hardly less than two years after she left the banking halls of one of the local but multi-national banker, South African banker...

The paradox of Botswana’s strong economic growth versus rising income inequality

According to international economic measures, Botswana has experienced long term economic growth overall. Those same measures, however, also report that the growth...

Botswana still imports half of her electricity demand

The amount of electricity produced in the country continued its decline in the second quarter of the year, with the state power...