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Botswana’s gambling sector, an industry poised for explosive growth yet shadowed by the pressing challenges of illicit financial flows and regulatory oversight, is at crossroads. With the nation’s gambling market expected to surge by over 400 percent in recent years, reaching an anticipated revenue milestone of over one billion Pula by March 2026, the stakes have never been higher. But beneath this promise lies a complex web of risks tied to the migration of gambling...
The explosive growth of artificial intelligence has cast a harsh light on a colossal, hidden liability lurking in the heart of the modern enterprise: content debt. New research from Storyblok, in collaboration with FT Longitude, reveals a staggering $4.63 trillion global cost tied to outdated, poorly managed, and inefficiently maintained enterprise content. This figure eclipses the GDP of Japan, the world’s fourth-largest economy, underscoring the vast economic drag that content debt imposes on corporations worldwide....
The looming threat of a “super” El Niño event in late 2026 is poised to unleash a cascade of economic and environmental shocks across Africa, with Botswana among the countries bracing for severe impacts. The African Union Commission has issued urgent calls for member states to establish and strengthen early warning systems, underscoring the scale and urgency of the challenge. Experts warn that the continent could face economic damages ranging from $10 billion to $20...
Lorato Orapeleng’s ascent from a hopeful graduate at the MultiChoice Talent Factory (MTF) academy to the founder of Mediawrap Africa represents more than just a personal success story -it embodies the evolving landscape of African filmmaking and creative entrepreneurship. When Orapeleng entered the MTF program, she had no intention of becoming an entrepreneur. Like many creatives, she envisioned herself gaining experience working for established production companies. But destiny had other plans. The opportunity to produce...
The AI investment boom that captivated markets in early 2026 is now fracturing, revealing sharp divisions between companies riding genuine demand and those propped up by complex financing arrangements. Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory organizations, sounded the alarm this week, urging investors to rethink their approach as the AI trade’s once unshakable momentum splinters. What had been a near-unified bullish narrative is now splintering under the...
Botswana is turning a new page in its fiscal landscape with a sweeping overhaul of its tax regime, effective July 1, 2026. The most notable headline: a significant hike in the corporate income tax rate from 22% to 24.5%, a move that signals the government’s effort to bolster revenues amid evolving economic challenges. But this headline only scratches the surface. The reforms also come with a complex web of transitional provisions that aim to balance...
There is an ongoing emphatic digital transformation, where the tactile clink of plastic cards is yielding to the swift tap of a smartphone. Absa Botswana’s Business Development Manager, Spencer Moreri, has been at the forefront of this shift with the launch and development of Absa Pay; a digital payment solution that is reshaping how customers transact across the country. This change is not just about convenience; it’s a reflection of Botswana’s broader ambitions to build...
Absa Bank Botswana is rewriting the rules of digital payments with its groundbreaking solution, Absa MoMo on MobiTap, a technology that transforms ordinary Android smartphones into powerful payment acceptance devices. Spencer Moreri, Absa Bank Botswana’s Marketing and Corporate Affairs Executive, explains how this innovation is revolutionizing commerce across Botswana by replacing traditional card payment machines with a more accessible, affordable, and user-friendly digital payment platform.
Botswana, a nation once heralded as a beacon of progress in the fight against HIV/AIDS, now faces a troubling new reality. Recent testimony before the Public Accounts Committee revealed that children as young as 13 in Botswana are beginning to engage in sexual activities, with many more starting by age 15. This early initiation into sexual behavior sets the stage for a public health crisis that threatens to reverse years of hard-won gains. In 2025...
Glasgow’s 2026 Commonwealth Games, a grand spectacle that drew 3,000 athletes from 74 nations, concluded on Sunday amid celebration; but also a shadow of uncertainty and controversy. Several athletes competing under their national flags vanished after the closing ceremonies, failing to return home with their teams. Reports confirm that at least four Ugandan boxers and one Pakistani athlete have gone missing, with some believed to be seeking asylum in Scotland. This echoes a pattern seen...
