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Lewanika Timothy

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Indexed articles, last 90 days
18
Latest publication
Sep 28, 2026
Outlet visibility, for Mmegi Online
Top 1M sites
Earliest in this view
Jul 6, 2026

Latest articles

  1. Article · Sep 28, 2026 · Lewanika Timothy

    Deficit narrows sharply as economy finds its footing (opens the original)

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    A preliminary outlook prepared by the Ministry in September now estimates the deficit at P9.3 billion, equivalent to 3.1 percent of gross domestic product (GDP), compared with the P26.4 billion, or 8.9 percent of GDP, forecast in February. The P17.09 billion improvement has been driven by stronger than expected government revenue and tighter expenditure controls. Already have an active account? Log in here. Or Sign up and get unlimited access to premium articles.

  2. Article · Sep 28, 2026 · Lewanika Timothy

    Pension funds cash pile worries regulators (opens the original)

    Excerpt · Neutral tone · English

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    Both the Bank of Botswana (BoB), which regulates commercial banks, and the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), which oversees retirement funds, believe more pension capital should move beyond bank deposits into longer-term investments. The concern is not that pension funds or commercial banks should not hold cash, but that large institutional deposits have remained a persistent feature of the financial system even as billions of pula have been brought back into Botswan

  3. Article · Sep 23, 2026 · Lewanika Timothy

    Cost cuts trim Cresta’s losses (opens the original)

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    In a cautionary statement on the Botswana Stock Exchange (BSE), the hotel group said it anticipates to record a loss before tax of between P8.8 million and P9.7 million for the six months ended June 2026. The forecast compares with a P11.1 million loss before tax recorded in the corresponding period last year and represents an improvement of between P1.4 million and P2.3 million. “This represents an improvement of approximately 13% to 21% over the corresponding period of the previous year, pri

  4. Article · Sep 21, 2026 · Lewanika Timothy

    Kwa Nokeng eyes P1.37bn BSE listing (opens the original)

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    Founding family custodian Clinton Van Vuuren and South African private-equity vehicle Chroma Capital 2 are selling 1.372 billion existing shares at P1 each, representing 49% of the company. The public offer opened on September 11. Unlike a conventional capital raising exercise, Kwa Nokeng, the company, will not receive any money from the transaction to finance expansion, working capital or acquisitions. All proceeds will go to the existing shareholders' pockets, giving them a payday if the offer

  5. Article · Sep 16, 2026 · Lewanika Timothy

    Spending cuts save Botswana's investment status (opens the original)

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    S&P Global Ratings last week affirmed the country’s long-term sovereign rating at BBB-, the lowest rung of investment grade, together with its A-3 short-term rating. However, the agency maintained a negative outlook, keeping Botswana on notice that another downgrade remains possible. The decision comes six months after S&P cut Botswana from BBB to BBB-, following an earlier downgrade from BBB+ in September 2025. A further one-notch reduction would push the country into speculative grade, potenti

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