ADVERTISMENT
ADVERTISMENT
Appeal Court hands Pro-Serve major contract victory
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1 AUGUST 2026 PUBLICATION
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Oil prices took a sharp dive this past week, shaking markets and easing some of the tension that had gripped the global energy landscape. West Texas Intermediate (WTI) crude settled at $95.42, marking a 6.40% decline for the week, while Brent crude fell to $101.29, down 6.36%. This shift came amid a notable easing of geopolitical tensions in one of the world’s most sensitive maritime corridors, the Strait of Hormuz. Since late February 2026, the...
Botswana’s energy landscape is quietly undergoing a transformation that could reshape the country’s economic trajectory and regional influence. At the heart of this shift is a complex web of petroleum importers, storage facilities, and distribution networks that underpin Botswana’s fuel supply, a system both vast in scale and tightly controlled. According to Gift Bakumbi, Director of the Petroleum and Gas Department at the Botswana Energy Regulatory Authority (BERA), the country currently hosts about 200 petroleum...
Letshego Africa Holdings, a prominent financial services group headquartered in Botswana, has recently announced a significant transaction that marks a turning point in its strategic direction.
Ms Rhoda Matlhoko is a devoted volunteer and cancer survivor, she has been sharing a message that resonates far beyond her personal journey; it is a call for service, solidarity, and a reimagining of community care, especially for the elderly and vulnerable.
When the 2006 Hollywood film Blood Diamond threatened to cast a dark shadow over Botswana’s diamond industry, it was not the usual corporate or marketing machinery that quelled the storm but the quiet, strategic leadership of former President Festus Mogae.
The 2026 FIFA World Cup is already shaping up to be one of the most anticipated sporting events in history, but it’s also stirring up a storm of controversy, centered not on the spectacle of the games, but on the staggering price of tickets. As fans across the globe scramble to secure their place in stadiums spanning the United States, Canada, and Mexico, ticket prices have become a lightning rod for criticism and debate. Among...
A new wave of transformation is sweeping through Botswana’s youth creative scene, fueled by a bold partnership that promises to redefine the future of artistic expression and opportunity. On 5 May 2026, First National Bank Botswana (FNBB), through its FNBB Foundation, announced a strategic collaboration with the Ministry of Basic Education & Child Welfare and the National Arts Council of Botswana (NACB) to expand the Bodiragatsi Jwame, Lentswe Lame 4.0 initiative. With an investment of...
Botswana’s economic growth in 2026 is expected to slow as rising inflation weighs on consumer spending and key sectors of the economy. Recent data show inflation climbing from 3.9 percent in the fourth quarter of 2025 to 4.1 percent in the first quarter of 2026. Projections indicate a sharper increase in the second quarter, driven largely by recent hikes in fuel prices, public transport fares, and medical aid premiums. The Bank of Botswana’s Monetary Policy...
The global economy is teetering on the edge of a storm, battered by escalating geopolitical tensions and soaring costs that have sent confidence among finance professionals plunging to depths not seen since the early days of the COVID-19 pandemic. The latest ACCA and IMA Global Economic Conditions Survey (GECS) for the first quarter of 2026 paints a grim picture: a world economy fraught with uncertainty as the ravages of Middle East conflict and surging commodity...
At the age of 86, Festus Gontebanye Mogae, the third president of Botswana, has passed away, marking the end of an era for one of Africa’s most respected leaders. Mogae, who died on May 8, 2026, had been hospitalized in the capital city of Gaborone after falling ill in April.
