Absa Botswana’s Multi-Currency Virtual Card reimagines digital spending

For decades, the ritual of international travel came with a quiet, familiar frustration: the currency shuffle. Travelers stood at airport counters, hotels charged conversion premiums, and bank statements arrived days later littered with opaque foreign-transaction fees. Now, Absa Bank Botswana is betting that a single digital card – one that lives entirely on a phone – can end that shuffle.

Tshwaragano Primary School becomes a Front Line for Conservation

A quiet partnership between a safari company, a trust and the government is betting that environmental education, not just policy, will save the country’s natural heritage. On a weekday morning at Tshwaragano Primary School, the lesson is not on the chalkboard. It is under the acacia tree outside, where a dozen children crouch over a patch of earth, turning soil between their fingers as an instructor explains how the Okavango Delta, the vast inland river...

Texas-based firm builds a P2 Billion Hospital in Gaborone

Segofalang Nagafela has processed a press release professing that a Texas-based private equity firm was committing what amounts to roughly $150 million to build a 130-bed specialist hospital on the outskirts of Botswana’s capital, near Sir Seretse Khama International Airport. The project, called the TEMCO Hospital Ecosystem, is not just a hospital. It is an integrated system – a medical hospitality arm, a pharmaceutical manufacturing facility, and a full-service specialist center – all on one...

Quest to slow aging has outpaced science Researchers say it’s time to catch up

The longevity industry is booming with peptides, supplements, and bold claims. But without reliable ways to measure whether any of it works, the field risks repeating ancient mistakes. In the gray-market corners of the internet, a small vial of TB-500 – a synthetic peptide related to a naturally occurring protein thought to damp inflammation and spur blood vessel growth – sells for around $50. It arrives labeled “for research use only,” manufactured under unclear conditions,...

Africa braces as a potent El Niño builds in the pacific

A powerful El Niño is gathering strength in the equatorial Pacific, and Africa is once again in its crosshairs. The emerging event, which federal forecasters say has a greater than 90 percent chance of becoming historically severe, threatens to split the continent’s weather fortunes: punishing drought and searing heat across the south, torrential rain and flooding across parts of the east. For a continent where millions depend on rain-fed agriculture and where water infrastructure is...

Botswana bets Billions on an energy overhaul

When President Duma Boko stood before a crowd in the dusty town of Maun this April and broke ground on a 500-megawatt solar plant, the second-largest such project in Africa, he was making more than a policy announcement. He was issuing what he called “a clear statement” that Botswana, a landlocked nation of 2.4 million people long shackled to costly electricity imports, intends to become a regional energy hub. “This is not merely a project,”...

Offshore Income, Onshore Tax: Botswana’s new attribution rule redraws the boundaries of residency

On 1 July 2026, a provision quietly embedded in Botswana’s rewritten Income Tax Act began reshaping the way the country taxes its residents’ offshore interests. Section 119 introduces what tax professionals call a controlled foreign entity rule – a mechanism that drags qualifying investment income earned by low-tax foreign entities back onto the Botswana tax returns of residents who control them. It is, by any measure, one of the most consequential anti-avoidance provisions Botswana has...