News

Standard Chartered PLC looking at exiting Botswana altogether

Standard Chartered Bank may leave Botswana after the majority shareholder says it is now considering selling the local operations. In an update on the Botswana Stock Exchange, the bank stated the majority…

Govt moves to gazette the national SMME definition

The Ministry of Trade and Entrepreneurship Botswana and Entrepreneurship in collaboration with the Local Enterprise Authority (LEA), has initiated a formal process to gazette a standardized, legally binding national definition of Small,…

CEDA launches “A Di Tsale” Financial Product

The Citizen Entrepreneurial Development Agency (CEDA), a parastatal under the Ministry of Trade and Entrepreneurship, has officially launched the “A Di Tsale Financial Product” in Gaborone, a groundbreaking initiative developed through extensive…

BIUST launches entrepreneurship mentorship sessions

The Botswana International University of Science and Technology (BIUST) has launched the Mentorship in Action for Startup Acceleration (MASA) Innovation Mentorship Sessions, a groundbreaking initiative designed to nurture innovation, creativity, and entrepreneurship…

Coca-Cola HBC AG to acquire 75% of Coca-Cola Beverages Africa

Coca-Cola HBC AG says it has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche…

Botswana gets $304M loan from African Development Bank

The African Development Bank has approved a $304 million loan to Botswana to support the country in managing mounting fiscal challenges and implementing key governance and economic reforms. The funding, approved by…