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Saturday, 13 June 2026
Botswana’s news, on the hour · Est. 2026
Saturday, 13 June 2026
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Botswanan press · Person

Oteng Keabetswe

2026-06-022026-06-13

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Daily News Botswana

    Giving context during the groundbreaking ceremony on Friday, BDC Managing Director, Mr Oteng Keabetswe indicated that once fully operational, the project was expected to create between 8 000 and 12 500 permanent direct jobs.

    City project to reshape Botswana future
  3. Weekend Post

    BDC’s Managing Director, Oteng Keabetswe, laid bare the corporation’s precarious financial position during a tense session before Parliament’s Standing Committee on Statutory Bodies and State Enterprises.

    BDC seeks utilitarian to reverse losses
Business

UAE-based firm partners with BDC on New Botswana City

The News

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.

Why it matters

UAE-based firm partners with BDC on US$1.9 billion New Botswana City project promising 25,000–37,500 jobs.

9 June 2026 · Daily News Botswana

Tuesday 9 June

  1. UAE-based firm partners with BDC on New Botswana City

    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.

    9 June 2026 · Daily News Botswana

Tuesday 2 June

  1. BDC posts P167 million loss, seeks turnaround plan

    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.

    2 June 2026 · Weekend Post

Oteng Keabetswe — Botswanan press coverage · Botswana Minute