Business

NexMetals extends high-grade copper discovery at Selebi restart project

NexMetals Mining has extended a high-grade copper-nickel zone at its Selebi Main project, boosting confidence that the former BCL mine could support a larger...

Botswana bets on Brazilian cattle to boost milk production

Botswana Development Corporation (BDC) has begun importing 1,000 high-yield dairy cattle from Brazil as the state-owned investor ramps up efforts to increase local milk...

Inflation holds at 10.7% 

Botswana's annual inflation rate held steady at 10.7 percent in June, remaining at its highest level in more than two years as transport costs...

Karowe extends record with another giant diamond find

Lucara Diamond has recovered a 1,305.4-carat diamond from its Karowe Mine, reinforcing Botswana's reputation as home to some of the world's largest gem-quality stones...

Boko blames FMD for BMC payment delays

President Duma Boko has blamed the ongoing outbreak of foot-and-mouth disease (FMD) for continued payment delays at the Botswana Meat Commission (BMC), saying the...

Gov’t targets Ostrich exports in bid to diversify economy

The Botswana government is preparing a multi-million pula investment to revive the country's ostrich industry as it seeks to tap growing global demand for...

Access Bank profit falls as impairments bite

Access Bank Botswana posted lower earnings for the year ended December 2025 after higher loan impairments and funding costs offset strong growth in digital...

Diamond wealth fails to narrow Botswana’s inequality

Botswana's diamond wealth transformed the country into an upper-middle-income economy, but the benefits have not been widely shared, with poverty, inequality and unemployment remaining...

Economy returns to growth, but recovery remains uneven

Botswana's economy returned to growth in the first quarter of 2026, ending two years of contraction as diamond-related activity and electricity production rebounded. But...

BURS rolls out sweeping tax law overhaul

The country’s tax system has undergone its biggest overhaul in decades after the Botswana Unified Revenue Service (BURS) implemented a raft of new tax...