AGP Executive Report
Last update: 11 hours agoFuel Security: Botswana Oil received its first 20-million-litre diesel cargo from Oman’s OQ Trading via Mozambique, opening a new supply route and supporting efforts to diversify fuel sources. Export Drive: Trade Minister Tiroeaone Ntsima urged businesses to test and refine products at home before expanding abroad. July exports rose 2% to P5.16 billion, but diamonds and copper still made up more than 83% of the total. Economic Rebound: The economy grew 8.7% in the second quarter as diamond production recovered sharply, though the gains underline Botswana’s continued exposure to the diamond market. Banking: BBS Bank’s half-year loss widened to P71.5 million as it invested in a turnaround and digital services. Connectivity: A P34.5 million broadband project has delivered 12 coverage sites along the Trans-Kalahari Highway, with further network sharing planned to extend access for rural communities and businesses.
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