Tag: COVID-19

African Development Bank approves $137 million loan for Botswana

The Board of Directors of the African Development Bank Group has approved a $137 million loan to support Botswana’s economic recovery from the Covid-19 pandemic. The funds, extended under the Bank Group’s…

Deloitte launches effort to address health care equity in Africa

Deloitte has announced the launch of the Deloitte Africa Health Equity Institute (DAHEI), which uses data and analytics, research as well as strategic partnerships with government and health care organisations to advance…

Adapt or die, and the changing nature of insurance industry

Significant events and shifts in geopolitics, global health, technology and climate change are transforming behaviours in the financial markets at an unprecedented pace. Investor confidence is challenged every day, and market trends are changing just as…

Botswana’s  P2.5 billion World Bank loan approved 

Botswana’s efforts to accelerate key economic reforms got a boost following the approval of a $250 million loan by the World Bank. The Programmatic Economic Resilience and Green Recovery Development Policy Loan…

Moody’s downgrades Botswana’s sovereign credit rating

Moody’s Investors Service (Moody’s) has released the results of the review of the 2021 sovereign credit rating for Botswana. Moody’s has downgraded the country’s sovereign credit rating for long-term bonds, denominated in…

National informal sector Recovery Plan launched

The minister of Investment, Trade and Industry (MITI), Peggy Serame has implored the informal sector to work towards building their businesses into formal enterprises. Speaking at the launch of the Botswana National…

Leading in the 4th Industrial Revolution

Leadership has always been and will always be about people. People will always remain at the center of it all. Especially in times like these, leaders must lead with purpose, foresight, clarity,…

Air Botswana Recommences Joburg/ Gabs Flights

National carrier, Air Botswana said it will re-commence its scheduled regional operations effective November 10, 2020. According to the state-owned company, it will initially offer four weekly flights between Gaborone and Johannesburg,…

S&P changes Botswana’s outlook from stable to negative

S&P Global Ratings has released an update of the sovereign credit rating for Botswana which showed that the country’s sovereign credit rating for long-term foreign and domestic currency bonds are affirmed at…