Business

Finance Ministry seeks P85bn borrowing limit

As the global diamond market downturn continues to squeeze government revenues, the Ministry of Finance is seeking Parliament's approval to increase Botswana's domestic bond...
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A generation waiting for a toilet: The Crisis in Boteti’s primary schools

The first lesson for many reception class pupils in Boteti West is not reading or counting - it is learning to use toilets never...
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Know when to fold ‘Em? MPs tell Gov’t to keep gambling age at 21

Kenny Rogers famously advised gamblers to "know when to walk away." Botswana's Members of Parliament have a different message for government: know when to...
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Air Botswana’s books fail to keep pace with its troubles

Air Botswana's financial troubles extend beyond grounded aircraft and cancelled flights. The state-owned airline is now years behind in publishing audited financial statements, raising...
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Ngamiland Farmers welcome Namibia-Angola beef transit breakthrough

Ngamiland cattle farmers have welcomed government's agreement with Namibia to allow beef from the region to transit through its territory into Angola, saying the...
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BMC misses Norway beef quota again

Botswana Meat Commission (BMC) has again failed to fully utilise the country’s annual Norway beef quota after recurring foot-and-mouth disease outbreaks disrupted cattle movements...
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De Beers battles on as diamond slump deepens

The global diamond industry remains under severe pressure, with De Beers reporting another difficult six months as weak rough diamond demand, lower prices and...
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Government targets executive allowances in spending clampdown

The government is preparing to review the 15 percent committed allowance paid to senior public service executives as it intensifies efforts to rein in...
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Sefalana earnings slide sharply 

Sefalana Holding Company reported its sharpest profit decline in almost a decade after rising operating costs, weak consumer demand and disruptions to government supply...
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BDC puts Mashatu Safari stake up for sale

Botswana Development Corporation (BDC) is seeking to dispose of its 30 percent stake in Mashatu Nature Reserve, one of Botswana's luxury safari operators, according...
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