Standard Chartered Bank Botswana has partnered with the University of Botswana once again by sponsoring P1, 000,000 towards the annual University of Botswana (UB) Marathon, reaffirming its commitment to promoting health, wellness, and education in Botswana. The flagship event, taking place on 7 September 2025 on the UB campus, is fast becoming a cornerstone of Botswana’s sports and community development calendar. The sponsorship marks a significant milestone in the Bank’s long-standing partnership with the University...

Botswana’s Vice President and Minister of Finance, Ndaba Nkosinathi Gaolathe, is poised for the global stage as he prepares to address the 2025 OPEC Fund Development Forum in Vienna, Austria. This two-day summit, scheduled for June 17 and 18, gathers the world’s top policymakers, institutional investors, and development leaders to confront pressing global challenges under the banner “A Transition That Empowers Our Tomorrow.” For Botswana, this marks the first time a representative of the country...

Orange Money, a familiar name in Botswana’s financial landscape, just scored a major win that’s putting it squarely in the spotlight across Africa. At the recent Brand Africa Awards, Orange Money Botswana was named the Most Admired Non-African Brand in Financial Services, an accolade that not only celebrates the company’s innovation and leadership but also underscores its deep-rooted commitment to the communities it serves. This recognition is more than a trophy; it’s a powerful reflection...

The air in the Federal Reserve’s headquarters is thick with a disquiet not seen in decades. For months, whispers of stagflation – that dreaded combination of economic stagnation and relentless inflation – were dismissed as the fever dreams of pessimists. Now, the central bank itself has broken the silence, acknowledging that the threat is not only real but rapidly materializing. This admission, delivered with unusual candor by Fed Chairman Jerome Powell this week, has sent...

Botswana’s households and businesses are finding it increasingly difficult to manage their debt obligations, with loan arrears sharply on the rise. Recent data from the commercial banking sector reveals a concerning trend: a P480 million surge in arrears, climbing from P5.637 billion in January 2025 to a substantial P6.117 billion by the end of February 2025. The latest financial figures released by the banking sector last week paint a detailed picture of this growing financial...

Consumers in Botswana can breathe a sigh of relief as forecasts point to a potential easing of food prices in the third quarter of 2025. The Bank of Botswana (BoB), in its latest Monetary Policy Report, suggests that increased food supplies from commercial farms across Southern Africa could drive this welcome change. The projected harvest is expected to alleviate some of the pressure on the region’s food supply, leading to a decrease in prices. The...

Botswana’s economic trajectory is facing headwinds, potentially leading to slower growth than government forecasts, according to new data and expert analysis. Recent survey results and projections paint a concerning picture, with local economists suggesting that Botswana’s economy may underperform the Ministry of Finance’s initial estimates for the year. A survey by the Bank of Botswana (BoB) reveals that domestic firms anticipate a 1.9 percent expansion, while the research firm Econsult projects a zero percent growth...

The Financial Stability Council (FSC/Council) met on 8 May 2025 to discuss the prevailing state and outlook of financial stability, including related risks emanating from the domestic and global environments as well as appropriate policy responses to avert the buildup of vulnerabilities. Members also deliberated on prospective developments affecting the financial sector and ongoing FSC work programme. These include harmonisation of corporate governance principles, and enhancement of resolution and crisis management frameworks for the financial...

Fuel Transporter’s rise reflects Southern Africa’s growth and challenges In the heart of Gaborone’s industrial district, a fleet of fuel tankers emblazoned with the Sky Bridge Logistics (SBL) logo stands as a testament to Botswana’s burgeoning economy and the entrepreneurial spirit driving its growth. From humble beginnings in 2018 with a single tanker, Sky Bridge has blossomed into a key player in the region’s fuel transportation sector, a critical artery ensuring the flow of energy...

Mascom Wireless is proud to announce its return to the world of horse racing with a P200,000 sponsorship of the Ma-Sa Easter Cup Horse Race. Mascom’s sponsorship is part of a broader collaboration with Sunbet Botswana, Together, the two companies are proud to serve as joint platinum sponsors of the Ma-Sa Easter Cup Horse Race—united in their commitment to uplifting sport and communities in Botswana. Scheduled to take place on Saturday 19 April 2025, at...