Moody’s affirms Botswana’s Sovereign credit ratings but revises down the country’s outlook

Moody’s Investors Service (Moody’s) released an update of the sovereign credit rating for Botswana. The rating agency affirmed the Government of Botswana’s long-term local and foreign currency issuer ratings at “A3” for 2025 but downgraded the outlook on the country from stable to negative. Botswana’s credit ratings, therefore, remain firmly investment grade. The negative outlook is on account of Moody’s expectation that weak global demand and depressed prices for diamonds will lead to a rapid...

Dr. Ntwaetsile Receives the TWAS-DFG Cooperation Visit Award for Pioneering Research in Radio Astronomy

The Botswana International University of Science and Technology (BIUST) is thrilled to announce that Dr. Kushatha Ntwaetsile, a Software and Data Processing Engineer in the AVN/SKA Botswana department at the Botswana International University of Science and Technology (BIUST), has been awarded the prestigious TWAS- DFG Cooperation Visit Award. The award is a joint initiative by The World Academy of Sciences (TWAS) and the Deutsche For schungsgemeinschaft (DFG) – the German Research Foundation, aimed at supporting...

P160 billion rail project reaches critical phase

The ambitious 1,500-kilometer Trans-Kalahari Railway and Port project (TKRP), a collaborative venture between Botswana and Namibia, is now approaching its decisive stages after nearly three decades of navigating bureaucratic hurdles. On March 18, the TKRP management office in Windhoek announced that CPCS Transcom, a London-based consultancy, had secured the bid to conduct a comprehensive feasibility study. This study will evaluate the project’s viability and provide advisory services for selecting a developer, should the project prove...

Botswana to host African Astronomical Society (AFAS) conference 2026

Botswana International University of Science and Technology (BIUST) and its AVN/SKA Botswana department are proud to announce that it has been selected to host the African Astronomical Society (AfAS) Conference 2026. This prestigious event will take place in the scenic town of Kasane and will bring together leading astronomers, researchers, industry experts, and policymakers from across Africa and beyond. The successful bid is a significant achievement for Botswana and underscores BIUST’s commitment to establishing the...

ABSA Sponsors Summer Kids Marathon with P1.9M

• To be held 26th April 2025 registration closes 31st March 2025 • P1 950 000 injected for the next three years. Absa Bank Botswana has pledged its support for the 4th edition of the Summer Kids Marathon (SKM) with a sponsorship of P1,950,000.00 over the next three years. Absa’s Retail Director, Valeta Mthimkhulu, underscored the importance of nurturing children’s talents from an early age. She emphasized that the bank’s involvement goes beyond sponsorship, as...