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Extension Gunners FC to Convene Annual General Meeting in Lobatse
Premier League football club Extension Gunners FC will hold its Annual General Meeting on Saturday in Lobatse to review performance, discuss upcoming season preparations, and elect a new executive committee.
Botswana Secures €110 Million BADEA Loan for Industrial Growth and Agricultural Research
Botswana has secured a €110 million loan from the Arab Bank for Economic Development in Africa (BADEA) for the Botswana Development Corporation (BDC) to support industrial expansion and job creation. An additional €500,000 grant will fund agricultural research at the Botswana University of Agriculture and Natural Resources (BUAN), aligning with the nation's economic diversification strategy.
Botswana’s Economy Returns to Growth in Q1 2026 Amid Uneven Recovery
Gaborone, Botswana's economy recorded growth in the first quarter of 2026, ending a two-year contraction driven by a rebound in diamond-related activities and increased electricity production. However, the recovery remains uneven, marked by weak household spending, subdued investment, and a significant decline in exports, according to data from Statistics Botswana.
Botswana Positions to Lead Africa’s Digital Commerce Transformation
Botswana is strategically enhancing its digital infrastructure and regulatory framework to become a continental leader in digital commerce, aiming to diversify its economy beyond diamonds. The nation's efforts include modernizing payment systems, exploring central bank digital currencies, and promoting digital inclusion, building on its stable governance and robust financial sector.
Botswana Telecommunications Corporation Raises P600 Million from Asset Sales for Digital Transformation
GABORONE, Botswana - Botswana Telecommunications Corporation (BTC) has secured P600 million (approximately USD 44 million) through asset divestitures, primarily real estate. This capital injection supports BTC's strategic transition from legacy copper infrastructure to advanced fiber optic networks and the expansion of digital services across the nation. The move aims to enhance Botswana's digital economy and position BTC competitively in the evolving telecommunications landscape.
Botswana Government Forgoes P16 Billion in Potential Mining Revenue for 2025
Botswana's government is projected to miss out on approximately P16 billion in potential revenue from mining operations in 2025 due to not exercising its option to acquire equity stakes in several licensed projects. This occurs despite existing legislation enabling state ownership at the time of license issuance.
Botswana’s Inflation Surge Not Primarily Driven by Pula Weakness, Central Bank Clarifies
The Bank of Botswana attributes the nation's recent inflation surge primarily to global supply-side factors and domestic administered price adjustments, rather than the Pula's managed depreciation.
Botswana’s Economy Navigates Global Headwinds with Diamond Sector and Prudent Monetary Policy
GABORONE, Botswana, Botswana's economy, a leading global diamond producer, continues to manage external shocks through strategic mineral revenue management and vigilant monetary policy. Mid-2026 assessments highlight the nation's ongoing efforts to maintain fiscal stability and diversify its economic base, despite fluctuations in the global diamond market and broader macroeconomic pressures.
Botswana’s Central Bank Payout Signals Fiscal Trade-Offs Amid Record Transfer
The Bank of Botswana transferred a record P7 billion to the government in 2022, providing a significant fiscal boost but raising concerns about the central bank's long-term financial health and monetary policy capacity.
Botswana Telecoms Firm BTCL Posts 45% Profit Drop Amid Rising Costs
Botswana Telecommunications Corporation Limited (BTCL) reported a 45% decrease in net profit for the fiscal year ending March 31, 2026, due to escalating operational expenses and reduced demand for traditional services, despite stable revenue.