The Botswana government is set to allocate approximately P2.32 billion towards power imports for the six-month period spanning October 2025 to March 31, 2026. This expenditure reflects the ongoing challenges local power generation faces in meeting the country’s escalating electricity demand. The Ministry of Finance has officially confirmed this forecasted outlay on power imports for the latter half of the 2025/2026 fiscal year. Notably, the first half of the financial year also saw substantial spending...

  Tsodilo Resources Limited has just announced a discovery that could reshape the landscape of global critical mineral supply, a massive polymetallic and rare earth mineral deposit in northwest Botswana. The company’s Gcwihaba Metals Project, wholly owned and situated in a region previously overlooked for such riches, has yielded rock samples with some of the highest-grade rare earth elements (REE) ever recorded in the area. This breakthrough comes at a moment when the world is...

Standard Chartered PLC (the Group) announced in November 2024 its intent to explore the potential sale of its Botswana WRB business, further to the Group’s strategic priorities as set out at our Q3 2024 results, aimed at accelerating income growth, and returns. Through market engagements, bidders have made it clear that they see significant value in the combined scale of the full SC Botswana franchise – including in the potential for efficient funding, operational leverage,...