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Business News
BSE Turnover Plummeted By 43.7% In January
Owing to much subdued activity on the bourse, only eight of the 32 listed companies – including BBS on the Serala OTC Board – saw an increase in share price while 22 experienced no change and two depreciated GAZETTE REPORTER The Botswana Stock Exchange (BSE) recorded a sharp decline in trading activity for January 2025,…
Access Bank Forecasts 150% Profit Surge For 2024
Bank has issued a cautionary announcement because it has a reasonable degree of certainty that its 2024 profit will differ by at least 10% from the previous year’s results GAZETTE REPORTER Access Bank Botswana Plc has forecast a rise of 150 to 160 percent in its profit before tax for the year ending…
Costly, Unreliable Internet Holds Botswana Back – Mohwasa
Speaking at an event to mark the introduction of Starlink to Botswana recently, Minister Mohwasa said in addition to being costly, unreliable internet connectivity and access disparities between urban and rural areas have held the country back across the economy TLOTLO KEBINAKGABO The high cost of internet access and persistent connectivity issues continue…
SEZA to Headline Tlokweng Budget Review Session
The MP for Tlokweng has emphasised the importance of simplifying the budget in order to encourage local engagement GAZETTE REPORTER The CEO of the Special Economic Zones Authority (SEZA), Lonely Mogara, will be a key panelist at the inaugural Tlokweng budget review session budget at the Oasis Motel tomorrow (Thursday). Themed “Demystifying…
Lucara Sells Two Extraordinary Diamonds for $54m
The 549-carat Sethunya diamond and the 1,080-carat Eva Star stone just fetched the combined king’s ransom, underscoring the status of Karowe Mine as a leading source of large, high-value diamonds GAZETTE REPORTER Lucara Diamond Corp. has announced the successful sale of two exceptional diamonds from its Karowe Mine, marking one of the most…
Flooding at Molapo Crossing Mall Leaves Businesses Counting Losses
Curated beverages, high-end fashion clothing and business documents swept away at flood-prone Molapo Crossing TLOTLO KEBINAKGABO The heavy rains that swept through Gaborone last week left many businesses at Molapo Crossing Mall grappling with significant losses. Boutique beverage retailer, Bartender, and fashion outlet specialising in vintage clothing, Oraylio’s Vintage Store, were among…
Gambling Booms As Authorities Promote Responsible Betting
Listed among the top five online gambling nations on the African continent, Botswana aims to create 2,017 jobs in the industry and has accelerated the licensing of new gaming categories in which majority citizen shareholding is a key feature GAZETTE REPORTER As gambling surges in the country, the Gambling Authority of Botswana (GAB)…
Botswana’s Export-Led Growth Faces Import Substitution Challenge
Banker identifies balancing export growth with reducing imports as a challenge Points out contradiction between industrial policy and SACU rules of origin TLOTLO KEBINAKGABO Botswana continues to grapple with the persistent challenge of import substitution as the country pushes for an export-led economy in the midst of a high import bill. Speaking…
Leading Economist Questions Mineral Revenue Projections
Keith Jefferis cites diamond market slump, warns against overestimation Says growing dominance of lab-grown diamonds is cutting into Botswana’s marketshare TLOTLO KEBINAKGABO Botswana’s projected mineral revenue for the 2025/26 fiscal year may have been significantly overestimated, raising concerns about a larger-than-expected budget deficit. According to the highly-regarded economist who runs Econsult, Dr…
Lifestyle News
Lesego Chombo Featured On BBC News Africa
At just 26, Lesego Chombo is redefining leadership in Botswana and beyond, proving that youth and gender are not barriers to achievement. She recently cemented her place as a force for change when she took on global gender issues at the 69th Commission on the Status of Women (CSW69) in New York GOSEGO MOTSUMI Lesego…
Lokieden Launches as Magdeline Claims Miss Botswana Top Model
It was an evening packed with achievements in the fashion business and victory for a budding model in the beauty stakes GOSEGO MOTSUMI In an event that blended high fashion with cultural heritage and the artistry and innovation involved, Aesthetics and Beauty Industry Council Botswana (ABICOB) hosted Majestic Vogue in Gaborone over the weekend. Themed…
Women Make Unapologetic Demand For Leadership and Empowerment
Hosted by Avani Gaborone Resort and Casino, the event aligned with the International Women’s Month theme of Accelerated Action and provided a platform for women to network, share their journeys, struggles and triumphs. Staff Writer GOSEGO MOTSUMI reports Women from different walks of life recently came together to celebrate, reflect, and demand change at…
Bash Connektor Unveils New Podcasts
New shows focus on women’s empowerment and brand storytelling GAZETTE REPORTER Bash Connektor, a Botswana-based marketing company focused on innovative brand engagement, has launched two new podcast series: TatsoConnekt Leading Women of Botswana Journeys and Lunch At Brand X. Developed in collaboration with The Business Weekly & Review, the podcasts aim to foster deeper connections…
StanChart Hosts Gin Soiree In Honour of Clients
Creativity flowed as freely as the gin at Wagga Gardens in Gabs recently when Standard Chartered Bank hosted its clients to a day that blended Mediterranean charm with the craft beverage scene, proving that banking can be more than just numbers. GOSEGO MOTSUMI was in the mix Standard Chartered Bank treated its clients to…
Dr Tumi To Headline Under One Roof Gospel Show
“People should expect an atmosphere of worship” at the concert that will feature a Nigerian outfit, a Tanzanian ensemble and Botswana’s own Mogo Aaron and Vusi GAZETTE REPORTER On 5 April, Game City Parkade in Gaborone will be the scene of one of the biggest gospel music shows on the calendar headlined by Dr Tumi.…
Sereetsi & The Natives In Historic Philharmonic Concert
Having mesmerised audiences across the globe, the group famous for the band leader’s four-string guitar and folksy lyrics returns home to celebrate a decade of storytelling through song, this time with the epic scale of a full orchestra GOSEGO MOTSUMI Trailblazing contemporary folk act, Sereetsi & The Natives, is set to make history with a…
All Things Musical Presents Breezing featuring WDP and Friends
Botswana’s first multi-platform jazz celebration elevates the impact of radio GAZETTE REPORTER All Things Musical, Botswana’s leading audio solutions consultancy, will host its inaugural event, “All Things Musical Presents…Breezing featuring WDP and Friends” at Mo’s Open Table, Fairgrounds. This groundbreaking celebration, scheduled for Sunday, 16 March 2025 from 5:00 PM to 11:00 PM—with a dedicated…
Sports News
6Series Taekwondo Championship Showcases Emerging Talent
It featured athletes divided into three categories: Cadets (Under 14), Juniors (14-17), and Seniors (18+), with the Senior category attracting considerable attention for its fierce matchups GAZETTE REPORTER Notable victories at the 2024 edition of the 6Series Championship Final that was held at the University of Botswana Student Centre over the weekend came…
Vunani Women’s Sports Awards Slated for Saturday
Fourteen awards will be presented to trailblazing athletes and sports administrators, as well as to sports journalists across print, radio, photography and television for their outstanding contributions to the growth of women’s sports in Botswana over the past year GAZETTE REPORTER Sports minister Jacob Kelebeng will preside over the highly-anticipated third edition of…
Bagwasi Targets Title After Stunning First-Round TKO Victory
Kagiso “Reptile” Bagwasi was pitted against Moyo, who is a highly regarded and previously undefeated fighter. The result was a decisive early stoppage that sent a strong message to the boxing world TLOTLO KEBINAKGABO Botswana’s welterweight boxing star Kagiso “Reptile” Bagwasi has positioned himself for a title challenge following a dominant first-round technical…
BTA to Host Corporate Tennis Tournament
While BTA has primarily relied on funding from BNSC, additional resources are needed in response to policy-driven growth of tennis in the country TLOTLO KEBINAKGABO In an effort to bridge the sponsorship gap and generate crucial funding for tennis development, Botswana Tennis Association (BTA) will host a Corporate Tennis Tournament on Saturday 26…
FNB Pumps P6m Into Golden Grand Prix
FNB’s sponsorship reflects its belief in “shared prosperity” and the bank’s illustration of the idea that investing in sports can leave a lasting impact on individuals and the nation GAZETTE REPORTER Sports has the power to unite people, fuel economies and unlock opportunities, the CEO of First National Bank Botswana (FNBB), Steven Bogatsu,…
Top Boxers to Punch It Out In Best of the Best Tournament
The tournament will be held in the afterglow of the recent Zone 4 tournament in Mozambique whence Batswana pugilists brought home an impressive haul of medals and one of their number, Kobamelo Molatlhegi, was named Best Boxer of the Tournament. Staff Writer TLOTLO KEBINAKGABO reports The Botswana Boxing Association (BoBA) is set to host its…
BPL Still Developing Betting Policy
While existing regulations are silent on betting in football, a Gazette investigation has prompted BPL to state that coaches, players and referees are prohibited from football-related betting GAZETTE REPORTER The Botswana Premier League (BPL) is still refining its stance on betting, particularly regarding involvement of players, coaches, and referees, the CEO of BPL,…
BJF Sees Surge in Young Athletes
120 young judokas turned up for the camp, marking rising popularity of judo among Botswana’s youth TLOTLO KEBINAKGABO The Botswana Judo Federation (BJF) is witnessing significant growth in youth participation that it says bodes well for the sport’s future. BJF hosted the Gaborone Kids Training Camp over the weekend, bringing together young…