Financial difficulty rarely begins with a missed repayment. It often starts much earlier, when a salary arrives and most of it is already committed before food, transport, electricity and other basic needs have been paid. This is financial overcommitment: when monthly income can no longer adequately cover both household needs and debt obligations. A borrower may still be paying on time, but only by cutting essential spending, requesting repeated loan top-ups, borrowing elsewhere or using...

Botswana’s spending on food imports during the first five months of 2026 dropped by almost P1 billion, driven by weaker consumer demand across the country. Between January and May 2026, food, beverages, and tobacco made up 12.7 percent of imports, down from 15.7 percent during the same period in 2025. The latest update on Botswana’s food and beverage imports reveals that the country spent P4.9 billion on food imports in the first five months of...

Botswana stands at a pivotal moment in its economic journey, striving to diversify beyond its traditional reliance on diamond mining and to engage its diaspora in a new narrative of growth and prosperity. In a recent landmark event, Keabetswe Pheko-Moshagane, Managing Director of Absa Bank Botswana, delivered a stirring welcome address to ambassadors, consulars, and representatives from Botswana’s Ministry of International Relations. Her remarks, rich with insight and vision, marked the launch of Absa’s dedicated...

FBC RE’S parent company FBC Holdings is proud to announce that it has successfully attained ISO/IEC 27001 certification, the internationally recognised standard for Information Security Management Systems (ISMS), following the successful certification of FBC Bank, which became the first bank in Zimbabwe to achieve this globally recognised information security standard. This milestone represents a significant achievement for the Group and underscores its commitment to information security, sound governance, risk management and operational excellence across its...

Botswana Housing Corporation (BHC) and Botswana Telecommunications Corporation Limited (BTC) are proud to announce the signing of a landmark Memorandum of Understanding (MoU) that establishes a strategic partnership to deploy advanced telecommunications infrastructure and smart technologies in BHC housing developments across Botswana. The partnership underscores the commitment of both BHC and BTC to drive digital transformation in Botswana’s housing sector, supporting the nation’s vision for a connected and technologically advanced society. This collaboration marks a...