Business

ABSA has officially launches its first ever self-service branch at The Fields Mall. This occasion marks an exciting milestone for Absa Bank Botswana, as it continues to innovate and deliver convenient banking solutions that meet the evolving needs of local customers.

Lobatse, Botswana – Botswana Development Corporation (BDC) has officially launched the Milk Afric Dairy Project, a groundbreaking initiative that signifies a major step forward in Botswana’s pursuit of food security and economic diversification. The launch event in Lobatse brought together key government officials, industry leaders, and local stakeholders, all united in their commitment to unlocking the potential of the dairy sector and creating sustainable growth for the nation.

Ministry of Minerals and Energy officials have lauded the completion of the P 315 million structure to enhance the security of the country’s petroleum supplies as a vital cog of national security.

Botswana’s government held an awards ceremony during Independence celebrations to recognize people who have contributed to its development.

To ensure security of fuel supply and to get substantial captive volumes, the Government has now increased the volumes imported by Botswana Oil Limited by consolidating volumes through an importation quota of the petroleum products by the National Oil Company.

The Nossop-Ncojane Interpretation of Aeromagnetic Data Project has been lauded as an important vehicle that can be used to achieve economic diversification and sustainable development through the timely use of innovation and technological advancement.

This week the agricultural community gathered to host its first Botswana Livestock Breeders Conference on the 18th and 19th September at Fair Grounds, in Gaborone.

The Okavango Delta in northern Botswana contains the largest collection of fishery in Botswana. It is not only a travellers mecca but boasts opportunities for economic diversity for indigenous communities that lie virtually untouched despite persisting government efforts to bolster economic activity.

Access Bank Botswana has signed a Memorandum of Understanding (MOU) with Air Botswana today, marking the beginning of a dynamic partnership designed to deliver enhanced value to customers through innovative travel and financial solutions.

Lobatse – The Botswana Meat Commission (BMC) has launched two major projects: the development of a new meat value addition and secondary processing plant, and the revitalisation of its tannery.

Botswana which experienced periodical power cuts between 2015–2022 adversely affecting business and economic growth is experiencing a surge in the development of energy sources through the government’s collaboration with independent power producers.

Absa Bank Botswana has launched two transformative campaigns aimed at enriching the lives of its customers while reinforcing the bank's purpose, ‘Your Story Matters.’

Botswana has experienced its share of these challenges. While it has registered strong economic growth trajectory, with a GDP growth rate of 3.3 % in 2023 (World Bank), it also faces the pressing need to diversify its economy away from its heavy reliance on diamond exports.

In the spirit of co-existence and understanding of mother nature’s value chain, it is imperative that local businesses explore biodiversity conservation, community livelihoods, mitigation strategies as well as stakeholder engagement to create inclusive, sustainable solutions.