economy

economy

Electricity Imports Surged in Q1 2025

Electricity Imports Surged in Q1 2025

Africa-Press - Botswana. Botswana’s electricity imports rose sharply in early 2025 amid a steep decline in local generation driven by operational issues at key...
Chobe Holdings Revenue Rises 18%

Chobe Holdings Revenue Rises 18%

Africa-Press - Botswana. Improved room yields, lodge upgrades, and aviation investment drive top-line growth. Chobe Holdings Limited has reported an 18 percent increase in revenue...
Household Debt Rises 6.2 %

Household Debt Rises 6.2 %

Africa-Press - Botswana. The Bank of Botswana’s (BoB) Financial Stability Report dated May 2025 shows personal loans driving growth while mortgage lags persiste. Household borrowing...
Govt Adjust Exchange Rates

Govt Adjust Exchange Rates

Africa-Press - Botswana. In a bid to strengthen economic resilience, encourage diversification and maintain inflation amid prolonged economic downturn owing to global diamond markets,...
Horticulture Sector Makes Strides in Kanye

Horticulture Sector Makes Strides in Kanye

Africa-Press - Botswana. The horticulture sector in Kanye District has created 136 employment opportunities in the past financial year. This was revealed by Kanye District...
Bsb’S Net Profit Jumps 230%

Bsb’S Net Profit Jumps 230%

Africa-Press - Botswana. Botswana Savings Bank (BSB) has hailed its bold three-year strategy – Lesedi 2022-2025 – for its robust performance in the financial...
Pula Adjusted to Support Exports, Protect Reserves

Pula Adjusted to Support Exports, Protect Reserves

Africa-Press - Botswana. The Finance Ministry announced that the Pula’s rate of downward crawl will be increased to 2.76% over the next six months,...
Africa’S Largest Diamond Producer to let Currency Depreciate Quicker

Africa’S Largest Diamond Producer to let Currency Depreciate Quicker

Africa-Press - Botswana. Botswana has announced that it will allow its pula currency to depreciate by 2.76% over the next 12 months, a steeper...
Bob Shares Performance Report

Bob Shares Performance Report

Africa-Press - Botswana. As the country continues to look to turn the tide on slow economic growth, a delegation of the Bank of Botswana...
Ramabatlama AI Strives to Broaden Market

Ramabatlama AI Strives to Broaden Market

Africa-Press - Botswana. The Ramatlabama National Artificial Insemination (AI) Laboratory and Training Farm is making significant strides toward meeting the World Organisation for Animal...