Development Finance Institution involved in capital markets strengthening, cattle imports, infrastructure projects, and facing financial challenges including asset underperformance and governance scrutiny.
Botswana Development Corporation (BDC) and the Botswana Stock Exchange (BSE) have entered into a strategic partnership aimed at strengthening Botswana’s capital markets, improving investment readiness among enterprises and creating new pathways for mobilising long-term capital in …
… errorism Financing & Proliferation Financing Risks to Secure Development Finance.” The report examines the risks of money laundering, terrorism financing, and proliferation financing within the Citizen Entrepreneurial Development Agency (CEDA) and Botswana Development Corporation …
… Meanwhile, Botswana Development Corporation (BDC) chief risk officer, Mr Botshelo Mokotedi, said BDC welcomed the assessment as an opportunity to develop a mitigation plan addressing the risks and gaps identified. …
… Social media and the broader media landscape has been abuzz with debate over executive remuneration following the disclosure of the remuneration package of the Botswana Development Corporation (BDC)’s CEO before the Public Accounts Committee. …
Sunday Standard BDC puts Mashatu Safari stake up for sale Botswana Development Corporation (BDC) is seeking to dispose of its 30 percent stake in Mashatu Nature Reserve, one of Botswana’s luxury safari operators, according to a merger notice published by the Competition and Consu …
… d Entrepreneurship PS has promised PAC answers on BDC CEO’s alleged P400,000 salary and competence concerns BONGANI MALUNGA The Permanent Secretary in the Ministry of Trade and Entrepreneurship, Joel Ramaphoi, has promised a probe into claims that Botswana Development Corporation …
Sunday Standard Botswana bets on Brazilian cattle to boost milk production Botswana Development Corporation (BDC) has begun importing 1,000 high-yield dairy cattle from Brazil as the state-owned investor ramps up efforts to increase local milk production and reduce the country’s …
Botswana Development Corporation (BDC) has launched an ambitious plan to import 1,000 high-yield dairy cattle from Brazil, starting with the arrival of 200 pregnant Girolando cows destined for Milk Valley Farm. …
… Botswana Development Corporation (BDC) managing director, Mr Oteng Keabetswe said the project was targeted at transforming Milk Valley Farm into a large-scale commercial dairy operation. …
… Meanwhile, the newly signed package channels fresh capital directly into local enterprise development and academic research, featuring a €110 million (P1.705 billion) mixed credit facility awarded to the Botswana Development Corporation (BDC) to drive industrial growth and create …
The Botswana Development Corporation and Botswana Stock Exchange have signed a Memorandum of Understanding to strengthen capital markets, improve investment readiness among enterprises, and create pathways for long-term capital mobilisation into productive sectors. The partnership will focus on preparing BDC investee companies for capital-market participation, SME capacity building, investor education, and development of innovative financial instruments.
The Botswana Development Corporation and Botswana Stock Exchange have signed a Memorandum of Understanding to strengthen capital markets, improve investment readiness among enterprises, and create pathways for long-term capital mobilisation into productive sectors. The partnership will focus on preparing BDC investee companies for capital-market participation, SME capacity building, investor education, and development of innovative financial instruments.
A Financial Intelligence Agency report on money laundering and financing risks within development institutions found that corruption accounted for P174.68 million, or roughly 87 percent, of identified criminal proceeds from offenses reported since 2021 at CEDA and BDC.
Development Finance Institutions have been urged to strengthen their anti-money laundering, counter-terrorist financing and counter-proliferation financing controls as Botswana prepares for a critical mutual evaluation of its financial crime controls. A Sectoral Risk Assessment Report for DFIs launched by the Financial Intelligence Agency emphasized that risk management must involve boards, executives, credit teams, and frontline staff, not just compliance officers.
Following disclosure of the Botswana Development Corporation CEO's remuneration package to the Public Accounts Committee, social media and broader media coverage has sparked public outrage over executive pay levels, with other CEOs' packages also drawing scrutiny at a time when the economy remains under significant pressure.
Botswana Development Corporation is disposing of its 30 percent stake in Mashatu Nature Reserve, a luxury safari operator, according to a merger notice from the Competition and Consumer Authority.
The Permanent Secretary in the Ministry of Trade and Entrepreneurship has promised Parliament's Public Accounts Committee a probe into reports that the BDC Managing Director earns P400,000 monthly, and into concerns over his competence.
Botswana Development Corporation has begun importing 1,000 high-yield dairy cattle from Brazil to increase local milk production and reduce the country's dependence on dairy imports.
Botswana Development Corporation has launched a phased plan to import 1,000 high-yield dairy cattle from Brazil, beginning with 200 pregnant Girolando cows for Milk Valley Farm, aiming to boost local milk production and reduce dependence on imported dairy products.
Botswana has received its first batch of Girolando dairy cattle from Brazil at Milk Valley Farm in Lobatse as part of a government dairy project expansion. The farm is working with veterinary experts and a nutritionist to ensure the cattle acclimatise properly, with additional batches expected and construction ongoing to be completed early next year.
Government has backed a loan and grant agreement with the Arab Bank for Economic Development in Africa worth €110 million (P1.713 billion) to the Botswana Development Corporation to support industrial growth and employment, plus a €500,000 grant to Botswana University of Agriculture and Natural Resources for agricultural research.
Lobatse MP Kamal Jacobs says government priority projects for economic resuscitation and employment creation are progressing on schedule, citing the Milk Valley Farm expansion programme (expecting 200 cows from Brazil by June 2026), BMC and tannery upgrades, and meat value-addition facilities as examples advancing domestic production and reducing import reliance.
The Albaddad Group and the Botswana Development Corporation are developing New Botswana City, a US$1.9 billion, 126-hectare project expected to generate 25,000 to 37,500 direct and indirect jobs and strengthen Botswana's economic diversification.
The Botswana Development Corporation reported a P167 million loss for the fiscal year ending June 2025, with 47 percent of its loan book classified as non-performing. The corporation faces a structural cash shortfall of approximately P400 million annually, as debt servicing obligations of P450 million far exceed its annual cash flow of P55 million, prompting a 12-month turnaround strategy.
The Botswana Development Corporation revealed that its asset book of about P6 billion generates approximately P50 million in predictable cash, a conversion rate of under one percent, indicating the Corporation's assets are underperforming.
The Botswana Development Corporation revealed that its P6 billion asset book generates about P50 million in predictable cash annually, a conversion rate of less than one percent, indicating the corporation's assets are underperforming relative to investment and risk.
An outbreak of Foot and Mouth Disease in Zone 11 has temporarily halted the arrival of 1,000 heifers from Brazil for Milk Valley Farm's Phase I expansion in Lobatse; cattle movement restrictions were imposed to mitigate FMD risk, though the heifers had already been purchased and quarantined in Brazil.
Debswana Diamond Company and Botswana Development Corporation have signed a Memorandum of Understanding to accelerate economic diversification and reduce Botswana's dependence on diamond revenues, with focus on building a pipeline of future investments.