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Sunday Standard BDC swings back to profit  Botswana Development Corporation (BDC) has staged a dramatic financial turnaround, moving from a P171 million loss to a P14 million profit before tax in the year to June 2026, as the development financier dramatically increased the amount of money it put to work.  For a corporation whose job is to finance businesses and projects, BDC’s latest numbers suggest the money was finally moving rather than sitting on the sidelines. The corporation disbursed P855 million during the year, almost 20 times the previous year’s level, with 62 percent directed to established, cash-generative counterparties.  .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free,...

Sunday Standard Used Vehicles steer motor market as new registrations slow Botswana’s roads may be getting busier, but the latest transport figures suggest the country’s appetite for putting new cars on them is cooling. A total of 7,536 vehicles were registered for the first time in the second quarter of 2026, down 7.2 percent from 8,119 in the previous quarter. The decline continues a broader slowdown in vehicle registrations, with passenger cars – the country’s favourite four-wheeled purchase – accounting for 73 percent of new registrations. .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe...

Sunday Standard Mozambique offers Botswana beef exporters route through Beira Mozambique has offered Botswana’s beef exporters an alternative route to international markets through the Port of Beira, potentially giving the Botswana Meat Commission greater flexibility as it seeks to rebuild and expand exports. The proposal emerged during Mozambican President Daniel Chapo’s visit to the Botswana Meat Commission in Lobatse, where officials discussed stronger cooperation in agriculture, livestock and trade. .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year – the choice is yours. Save 77% on...

There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year – the choice is yours. Save 77% on an annual subscription. Click here to find out how. Existing subscribers can log in to keep reading here. Source link

Sunday Standard Botswana slips nine places in tourism index  Botswana has slipped nine places to 84th out of 110 economies in the 2026 Travel & Tourism Development Index (TTDI), raising questions about whether its infrastructure, connectivity and investment environment are keeping pace with competing destinations. The World Economic Forum (WEF) index places Botswana behind seven African economies – Mauritius, South Africa, Egypt, Morocco, Kenya, Tunisia and Tanzania. .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year – the choice is yours. Save 77% on an annual...

Sunday Standard Mining powers GDP growth in Q2:2026 An 81.7 percent surge in mining lifted real economic growth to 8.7 percent in the second quarter, masking a contraction across the rest of the economy as manufacturing, agriculture and construction weakened. Non-mining GDP declined 0.2 percent from a year earlier, reversing growth of 2.8 percent in the corresponding quarter of 2025, according to Statistics Botswana. Diamond mining was the standout performer, with real value added jumping 94.7 percent. The figures give the diamond-anchored economy its strongest recent growth outside the distortions caused by the Covid-19 collapse and rebound, but also expose how concentrated the recovery has become. .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can...

Letshego Africa Holdings is seeking P800 million from shareholders as the Botswana-based financial services group moves to reduce costly borrowing and build a more diversified funding base. The company plans to issue about 1.096 billion new shares at 73 thebe each, equivalent to one new share for every 1.984722 shares held. The offer price is 13.1 percent below Letshego’s 30-day volume-weighted average price. The fundraising comes as Letshego shifts away from reliance on commercial banks and development finance institutions, increasing its use of deposits and listed debt. The transition, however, has come against a backdrop of high borrowing costs. Some commercial paper issued earlier this year carried interest rates above 19 percent, although more recent instruments have been priced between 10 percent and 12.5 percent, suggesting that funding conditions have begun to ease. Most of the proceeds will be used to reduce holding-company borrowings of about P3.19 billion and settle...

Sunday Standard Global Faith Groups Mobilise Against Mining Injustice in Botswana  Botswana’s mining model has come under an unusually sharp challenge from an international alliance of churches.  According to a copy of a communique seen by Sunday Standard, the international faith groups which consulted local communities living alongside  mines in Botswana also include  theologians, community representatives, indigenous leaders and trade unions.  They accused extractive industries of concentrating on economic gains while leaving mining communities with environmental damage, displacement and social disruption. .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month...

Sunday Standard Treasury borrowing hits halfway mark as bond issuance lags The Bank of Botswana will seek P3.1 billion from domestic investors on September 24, taking government securities financing past the halfway mark for the 2026/27 financial year, although Treasury bill issuance has already reached its annual target while bond sales remain behind schedule. The central bank will offer P1 billion in three-month bills, P1.5 billion in six-month bills and P600 million in reopened bonds maturing in 2029, 2043 and 2050. The auction is the sixth of 2026/27 and the first under the expanded P85 billion Note Programme. .ihc-locker-wrap{} There’s more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it’s also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a...