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...

Rising costs in food and beverages fuel inflation

The latest Consumer Price Index (CPI) data revealed that Botswana’s annual inflation rate climbed to 2.7% in February 2025, marking a modest increase from January’s 2.5%. This uptick was primarily driven by escalating prices in food, beverages, and miscellaneous goods and services, which encompass insurance and financial services. Significantly, the food and non-alcoholic beverages category, along with miscellaneous goods and services, were the foremost contributors to the annual inflation rate in February 2025, accounting for...

Choppies reports P4.7 billion in retail sales revenue

Choppies Group, the prominent grocery retailer, has experienced a notable boost in its financial performance for the half-year ending December 2024. The company reported retail sales revenue of P4.7 billion, alongside a gross profit of P965 million for the last six months of the year. Listed on both the Botswana and Johannesburg Stock Exchanges, this fast-moving consumer goods (FMCG) retailer is engaged in various sectors, including milling, manufacturing, and financial transactions. Recent financial results reveal...

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...

Boko tweaks his Cabinet

Justin Hunyepa transferred to Ministry of Basic Education and Child Welfare In a sweeping move that underscores a commitment to enhancing the well-being and education of the nation’s children, President Duma Boko announced a twist in his cabinet. This strategic reorganization includes the creation of a new role: the Assistant Minister for Child Welfare and Basic Education. The announcement was made during his address at the Botswana Examination Council’s 15th Annual Excellence Awards, a fitting...

FIA Records Over P2 Billion in Suspicious Transactions

– Between July and December 2022, the FIA documented 221 suspicious transactions – January-June, 400 suspicious transactions were reported, totaling P500 million This week, the Financial Intelligence Agency (FIA) released an analysis of money laundering and terrorist financing trends, uncovering a troubling pattern of 989 suspicious transaction reports (STRs) from 2022 to 2023, collectively valued at over P2 billion.