Botswana’s financial system robust despite rising risks – BoB

In a recent comprehensive assessment, the Bank of Botswana (BoB) has provided a nuanced overview of the country’s financial ecosystem, affirming its fundamental strength despite emerging macroeconomic challenges. The central bank’s latest report offers a transparent examination of the nation’s financial infrastructure, highlighting both its robust foundations and potential vulnerabilities. Despite concerns about fiscal constraints and decelerating economic momentum, Botswana’s financial system demonstrates remarkable adaptive capacity. The banking sector’s resilience is underpinned by sophisticated regulatory...

Turnstar Holdings sets sights on East African expansion

Turnstar Holdings, a prominent property investment and development group listed on the Botswana Stock Exchange, has unveiled ambitious plans to broaden its footprint into the burgeoning markets of East Africa. The company aims to capitalize on its robust growth trajectory in Botswana and Tanzania by venturing into Rwanda and Uganda. Currently, Turnstar Holdings boasts an impressive portfolio comprising seven properties in Botswana valued at P1.4 billion, alongside four properties in Tanzania worth P1.1 billion. Additionally,...