After winning a legal dispute, the Nova Africa Resources/Aga One joint venture has revealed plans to develop the Mupane assets into a regional refinery targeting exports to the United States. Aga One is a major Turkish gold refiner.
6 July 2026 · Mmegi →
The electricity regulator will revise the 200 kilowatt per hour tariff charged as the lowest for domestic usage, according to BERA's CEO. The revision is intended to ensure operational stability for BPC and encourage investment in the electricity sector.
6 July 2026 · Mmegi →
Over the past two years, Botswana has been promised close to P1 trillion in investments, but a Sunday Standard investigation into more than P800 billion in promised capital and signed memoranda of understanding reveals a widening gap between headline commitments and verifiable economic delivery.
6 July 2026 · Botswana Sunday Standard →
Botswana's economy is losing competitive edge, slipping to 66th place out of 70 economies in the IMD World Competitiveness Ranking 2026, its lowest position in five years, as weak growth, unemployment, and diamond dependence undermine investor appeal.
6 July 2026 · Botswana Sunday Standard →
Alithea director Vinay Roopchand informed the High Court via affidavit on June 30 that the company no longer wishes to proceed with its application against FNBB, weeks after securing an interim court order to preserve documents and records at the bank's premises.
6 July 2026 · Mmegi →
The First National Bank of Botswana has responded to Alithea, a Mauritian investor, regarding allegations of an international funds transfer. Alithea obtained a High Court interim order to preserve documents it believes could trace the alleged transfer, claiming the funds were moved through Deutsche Bank AG Frankfurt for use under Botswana's Economic Transformation Programme, involving the Minister of International Relations and the Botswana Investment and Trade Centre.
6 July 2026 · Mmegi →
Air Botswana has filed a legal application against former captain Benedict Dumelang Gaborakanelwe for failing to report for his final rostered flight, resulting in the cancellation of a Johannesburg service and stranding dozens of passengers. The airline is claiming P249,355.39 in damages for passenger re-bookings, hotel accommodation costs, and lost ticket revenue.
6 July 2026 · Botswana Sunday Standard →
A Botswana Housing Corporation Investment Committee document has raised concerns about the financial sustainability and commercial viability of the Bonno Housing Programme's Kgale housing project, a flagship element of President Duma Boko's promise to deliver 100,000 houses.
6 July 2026 · Botswana Sunday Standard →
First National Bank Botswana says it has found no trace of a contested €500 million international transfer within its systems, as it faces a legal dispute with investor Alithea Investment (Pty) Ltd.
6 July 2026 · Weekend Post →
Fairpoint Corporate Services' Mothusi Business Bundle integrates accounting, payroll, tax compliance, company secretarial and regulatory support into a single coordinated solution designed to reduce costs for Botswana businesses during economic pressures.
6 July 2026 · Mmegi →
Botswana is confronting growing fiscal pressures, with the cost of servicing government debt expected to spike due to a weakening Pula and rising interest rates. Government revenues rose to P63.23 billion in the first 11 months of the 2025/2026 financial year, boosted by stronger mining revenues and non-mining income tax collections, though projected mineral revenues for 2026/27 are held back by weak global diamond markets.
6 July 2026 · Weekend Post →