BMX could provide economic buffer against future FMD crises

The Botswana Stock Exchange (BSE) says the forthcoming Botswana Mercantile Exchange (BMX) has the potential to transform how the country’s livestock industry weathers crises like Foot-and-Mouth Disease (FMD). Rather than leaving farmers and feedlot operators financially stranded during movement restrictions, the new commodities exchange will offer access to liquidity. BSE Chief Executive Officer Aupa Monyatsi explained that BMX will introduce internationally recognized warehouse receipt systems. These receipts allow agricultural commodities—including livestock—to serve as collateral for...

Magosi moves to overturn delay in backpay judgment 

Peter Magosi, Director General of the Directorate of Intelligence and Security (DIS), has returned to the High Court seeking to overturn or amend a default judgment awarded in favor of 407 public officers pursuing salary progression back-pay claims. The application comes more than two years after the order was granted by former High Court judge Dr. Zein Kebonang, with the government arguing that the ruling is too vague to implement. Magosi, together with the Directorate...

BPOPF defies global uncertainty with 10% asset growth in 2026

In a world rattled by economic uncertainty and geopolitical strife, the Botswana Public Officers Pension Fund (BPOPF) has quietly but powerfully defied global turbulence, posting a robust 10 percent asset growth to surpass P128 billion by the close of March 2026. This achievement stands out not merely as a statistic but as a bold statement of resilience, discipline, and strategic foresight from Botswana’s largest pension fund; a beacon of financial stability amid the stormy seas...

US lifts tariff barrier

Botswana’s diamond industry has gained a significant boost following the United States’ removal of a temporary 10 percent tariff on imports from the country, restoring duty-free access for Botswana-origin exports. Effective July 24, 2026, natural diamonds and other qualifying exports are once again entering the U.S. market without import duties. This development enhances Botswana’s competitive stance in one of its key export markets and offers much-needed relief to a struggling diamond sector. The tariff removal...

Nova Africa moves to revive Mupane Gold Mine

Nova Africa Resources has taken a pivotal step toward breathing new life into Botswana’s only gold mine by signing an agreement to acquire the assets of the long-defunct Mupane Gold Mine. This milestone follows an extended liquidation process and signals a renewed sense of optimism within the country’s gold mining sector. Still, the deal hinges on securing regulatory approvals and the successful transfer of mining licenses and permits. The Sale of Assets Agreement was recently...

Blaze Minerals uncovers promising copper deposits

Australian exploration company Blaze Minerals has identified a significant copper-lead-zinc mineralized zone at its Krokodil Prospect within Botswana’s Dinokwe Project, bolstering the country’s rising profile as a base metals exploration destination. The discovery comes after geological mapping, trenching, and rock-chip sampling confirmed mineralization linked to a major fault structure in the Limpopo Mobile Belt. The company reported a copper-in-soil anomaly extending roughly one kilometer long and 100 meters wide, with soil samples registering copper concentrations...

P420 million digital BOMBSHELL

Botswana’s ambition to cement its place in the digital age has hit a jarring roadblock. What was supposed to be a cornerstone project for the country’s digital transformation, a Public Key Infrastructure (PKI) system funded with a hefty P423 million, has unravelled into a story of mismanagement, secrecy, and stalled progress. The collapse of this multi-million pula initiative, which promised to secure digital identities and enable encrypted government services, has left the nation grappling with...

Vantage Metals launches copper drilling in Botswana

Vantage Metals has launched an ambitious diamond drilling program at its wholly owned Kalahari Copper Project in northwestern Botswana, aiming to unlock the region’s copper potential. The campaign will entail between 5,000 and 10,000 meters of drilling targeted at high-priority sediment-hosted copper deposits, reflecting growing global interest in Botswana’s Kalahari Copper Belt. The Australian-listed explorer has dispatched a drilling rig to commence operations in the northeastern section of its license area. Activities are projected to...

De Beers ownership shakeup poised to reshape global diamond market

The global diamond industry is on the cusp of a major shift as Anglo American prepares to sell its majority stake in De Beers, the world’s most iconic diamond company. This proposed sale marks one of the most significant transactions in the history of the diamond trade, with far-reaching implications not just for the company itself but for the entire market. At the heart of this unfolding drama is Botswana, a nation whose economic fortunes...