Botswana Economic Outlook Recently released GDP data revealed that the economy lost some steam at the start of the year, growing 4.8% in Q1 on a year-on-year basis, down from the 6.5% expansion recorded in Q4 2017. Despite the slowdown, the pace of growth remained robust, driven by stronger private consumption growth and a solid […]
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To begin with, First National Bank Botswana (FNBB) and Bank Gaborone opened new branches; Ford Finance developed partnerships in Botswana, and the Southern African operation of Zurich Insurance, now known as Bryte Insurance, launched in Gaborone in February with the intention of expanding into other African countries. Fintech is also taking root in Botswana, with […]
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Entrepreneurship is increasingly viewed as a desirable career option in Botswana and at the same time, the accounting profession is undergoing rapid development. What can these two fields offer each other? As Botswana’s business landscape evolves, entrepreneurs will increasingly value accounting skills and vice versa, say academics and researchers. Across Africa, the appetite for entrepreneurship […]
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Botswana is still grappling with a persistent acute shortage of Chartered Accountants. According to Botswana Institute of Chartered Accountants (BICA)’s Public Relations and Marketing Manager, Oupa Gaofise, of the 3 136 registered members, only 1 223 are accounting professionals while 1 913 are Accounting Technicians. Speaking at a breakfast session at Adansonia Hotel in Francistown […]
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Botswana’s Mining Industry – An Overview of the present situation. Botswana is one of the many countries in Africa that is fortunate to boast a diverse wealth of minerals. However, like any nation involved in mining, Botswana’s state of affairs can be seen through mixed views. Botswana boasts a brilliant mineral portfolio, especially since its […]
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Botswana leads Africa on Natural Capital Accounting (NCA) and the country recognises the impact of natural heritage in terms of the social and economic well-being of the nation. Permanent secretary in the Ministry of Minerals, Energy and Water Resources, Mr Kgomotso Abi said this at the high level sensitisation breakfast meeting on WAVES in Gaborone […]
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