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Business
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CA Sales anticipates massive profit increase.
The Board of CA&S last week announced that the Company’s profit before tax for the six months ended…
Lower losses for Cresta as business improves
Botswana ‘s flagship hotels group Cresta Marakanelo on Finance told its shareholders that the unaudited consolidated loss before…
Half of Botswana ‘s national budget goes to public employees salaries
Government spending P2.3 billion on salaries every month Around P27 billion annually. Botswana Wage bill is too big-…
Botswana allocated P3 billion worth of SDR by IMF
Botswana will receive $266 million from the International Monetary Fund (IMF) Special Drawing Rights (SDR) allocation. The Washington…
MPs caution against wasteful expenditure as P2.7 billion IBRD loan pass
On Thursday Parliament unanimously passed Minister Serame ‘s International Bank for Reconstruction and Development (IBRD) borrowing motion giving…
Bank Rate maintained at 3.75 percent
At the meeting held on August 19, 2021, the Monetary Policy Committee (MPC) of the Bank of Botswana…
De Beers rakes in P30 billion in first half of 2021
For the first 6 months of 2021, De Beers revenue clocked $2.9 billion ( approximately P30 billion) rising…
Khoemacau Copper Mine to inject P119 billion into Botswana economy
During the current projected lifespan of Khoemacau Copper Mine, a total of P119 billion will be injected into…
BDF Deployment injects some revenue to broke Air Botswana
The deployment of Botswana Defence Force troops to Mozambique has injected some revenue to financial troubled Air Botswana.…
Bolux plans to invest P250 million in bigger plant
BOLUX GROUP a food production corporation in Taung, Ramotswa is planning to expand its factory by investing a…