Read the latest news from regional and global sources, presenting different voices and perspectives.

Africa’s trade stunted by poor market intelligence – Afreximbank
The African Export-Import Bank has warned that Africa’s failure to trade effectively within itself stems largely from poor market intelligence, weak connectivity, and the absence of structured trade platforms. The Executive Vice President,...
AECI reports improved performance in spite of challenges in the local market
AECI’s international industrial and chemicals operations reported an improved performance for the five months to May 31, while its South African-based business was impacted by weak power challenges and supplier headwinds. The group, which provides...

Sars records trade balance surplus of R21.7bn in May
According to the South African Revenue Service (Sars), South Africa recorded a preliminary trade balance surplus of R21.7-billion in May, which was attributable to exports of R175.7-billion and imports of R154.1-billion, inclusive of trade with...

Botswana secures $200m OPEC Fund loan
Gaolathe, who is also the Finance Minister, attended the OPEC Fund’s Development Forum earlier this month as part of his engagements with investors and funding partners. A statement released by the OPEC Fund says the loan complements a package...

Debswana Business Risk
In this sobering analysis, Special Correspondent DOUGLAS RASBASH* looks at risks to the symbiotic future of Debswana and the country that is home to the world’s best diamonds and finds that some of them are of a scale large enough to threaten the...
Free tertiary education to boost youth entrepreneurship
President Netumbo Nandi-Ndaitwah has said the intended provision of free tertiary education is in part to encourage entrepreneurship among young people. Dr. Nandi-Ndaitwah provided context to the government's decision to provide free tertiary...

Liu Jianchao meets ministers from Mozambique and Botswana
Liu Jianchao, Minister of the International Department of the Communist Party of China (CPC) Central Committee (IDCPC), met on June 13 with Maria Manuela dos Santos Lucas, Minister of Foreign Affairs and Cooperation of Mozambique, and Phenyo...

Global Economic Downturn Looms From Iran-Israel Conflict
Botswana is in a long line of countries set to experience the economic consequences of the potential closure of the Strait of Hormuz that would result in a surge in oil prices and trigger global inflation if Iran made good on its threat to close...

1% of Diamonds Revenue to Market Natural Stones
Botswana and other leading African diamond producing countries are spearheading a unified global marketing push to promote natural diamonds BONGANI MALUNGA reports Botswana has joined an African-led global marketing agreement aimed at promoting...

How Africa can foster sustainable diplomacy amidst global trade tensions
Ashraf Patel The abrupt exit of Donald Trump from the G7 Summit in Canada, without having side meetings with Global South leaders from South Africa, India et al, and this week’s NATO Summit where core nations committed to a 5% of GDP spending on...

Ali Owaid Jasim: A Success Story Inspiring the Youth of the Arab World and Southern Africa
Ali Owaid Jasim is recognized for his growing role in advancing entrepreneurship and technology-based development in emerging markets across the Arab region and increasingly in Southern Africa. His work, grounded in engineering and innovation, has...
Botswana court orders apology over S.African magnate graft claims
Botswana’s High Court ruled on Friday that a former government investigator’s claims of corruption against South African mining executive Bridgette Motsepe were false and ordered an apology. Motsepe is the sister of South Africa’s first lady,...
Botswanan president urges state-owned enterprises to explore int'l markets
GABORONE, June 30 (Xinhua) -- Botswanan President Duma Boko on Monday urged state-owned enterprises (SOEs) and parastatals to increase productivity and profitability and to explore international markets. During a meeting with the executives of...

Botswana Govt, Bridgette Motsepe reach settlement in ‘Butterfly Case’
The government of Botswana and business mogul Bridgette Motsepe have reached a court settlement, concluding a protracted litigation over allegations made against her in what is now known as the “Butterfly case”. This case affected Bridgette...

How Botswana’s Sustainable Natural Diamond Story Sparkled At JCK
Diamond exports provide Botswana's economy with strong supplies of foreign exchange and have helped ... More finance industrial development, improvements in Botswana's infrastructure plus nationwide free education.Natural Diamond Council Various...

Cassava Technologies Partners With SAAIA To Boost Africa’s AI Infrastructure And Innovation
Cassava Technologies has signed a memorandum of understanding (MoU) with the South African AI Association (SAAIA) to deliver AI solutions and GPU-as-a-service (GPUaaS) across the African continent. The agreement grants SAAIA’s 3,000+ AI...

Motsepe cleared! – Botswana court slams dirty money claims as lies
Gaborone – Botswana’s High Court ruled on Friday that a former government investigator’s claims of corruption against South African mining executive Bridgette Motsepe were false and ordered an apology. Motsepe is the sister of South Africa’s first...

Boko announces big changes ahead for SoEs
Boko highlighted at a meeting hosted at the Bank of Botswana (BOB) that SOEs and parastatals form part of institutions that must help realise his government vision into tangible benefit for the country and its people. “How do we position and...
Elon Musk’s Starlink eyes South Africa expansion with $113 million spend
Billionaire Elon Musk’s satellite internet firm, Starlink, is reportedly considering an R2 billion ($112.7 million) investment in South Africa as a potential workaround to the country’s Black Economic Empowerment (BEE) requirements. Starlink has...
"I Wasn't Paid For 14 Months" – Ex-Super Falcons Coach Waldrum Blasts NFF, Says Nigeria Poor In Handling Finances
Former Head Coach of the Super Falcons of Nigeria, Randy Marlon Waldrum, has warned that Nigeria's football team will face significant challenges in competing with other countries without proper infrastructure and support. The 68-year-old man...