Browsing Tag

Botswana

IMF revises Botswana’s 2017 growth forecast

The International Monetary Fund (IMF) has revised Botswana's 2017 and 2018 economic growth forecast due to rising diamond demand, investment in the water and power sector and reforms to attract investment.

Poultry products from South Africa banned over bird flu

Zimbabwe, Namibia and Botswana on Tuesday suspended poultry imports from South Africa with immediate effect following outbreaks of highly contagious H5N8 bird flu. South Africa has confirmed outbreaks of avian flu, which is often…

Botswana ex-president Masire dies

Former Botswana president Sir Ketumile Masire has died. He was 91. Reports on Friday indicated that Masire died on Thursday night after he was hospitalised last weekend in a critical condition. In a statement posted on Facebook, the…

Zimbabwe chicken imports banned over bird flu fears

Botswana has banned poultry products from neighbouring Zimbabwe after an outbreak of the H5N8 strain of bird flu was reported at the weekend. In a statement published on its Facebook page, the Botswana government said on Tuesday that the…

Botswana invites bids to build 100 MW solar plant

Botswana's state-owned power utility has invited bids to build a 100 megawatt (MW) solar power plant to boost energy security in the diamond-rich southern African country. In a document published on its website, Botswana Power Corporation…

South Africa’s Eskom signs power export deal with Botswana

South Africa's state-owned power utility Eskom on Wednesday said it had signed a new three-year deal to export electricity to Botswana. Eskom, the sole power provider in South Africa, has struggled to meet power demand in the country in the…

Magnitude 5.0 quake hits Botswana, two days after large quake

A magnitude 5.0 earthquake struck Botswana in the early hours of Wednesday, two days after a strong 6.5-magnitude tremor shook the southern African country, the U.S. Geological Survey said. It said the latest quake struck at 2:55 a.m. (1955…

Bowmans facilitates complex multi-faceted financing deal

A finance and banking team from pan-African law firm Bowmans represented and advised long standing client Standard Bank and Stanbic Bank Botswana Limited in connection with a senior secured US$30 million multi-currency term, revolving and…

Botswana no longer recognizes Gambia’s Jammeh as president

Pressure continues to mount on Mr. Yahya Jammeh to give up power with some African governments announcing that they will no longer recognize him since his tenure has ended. Already the Government of Botswana has announced in a statement…