Gomolemo Basele News Today

Gomolemo Basele, an economist at First National Bank Botswana (FNBB), emphasized the importance of a rigorous marketing approach for natural diamonds

This morning, Thursday, we had the pleasure of joining First National Bank of Botswana (FNBB) Limited where the bank delivered its full Year Financial Results for the year ended 30 June 2022 at the Grand Aria Hotel in Gaborone.

The expected hike in wheat product prices next month is likely to further cripple small medium enterprises (SMME’s) after a disastrous 18 months period posed

Any Motswana who has bought cooking oil, electricity or visited a petroleum gas station recently could tell you, inflation has settled in. But economists are

Pressure mounts on household incomes Economists have warned that the December increase in fuel prices will heap further pressure on already strained household incomes. Putting a slight dampener on the festive mood, in the build-up to the Christmas holidays, Botswana Energy Regulatory Authority (BERA) announced a sharp rise in petrol and diesel pump prices. Unleaded […]

The recovery of global diamond market has sparked hope in the mining sector, with envisaged retrenchments looking far-fetched.

INSET: Basele A plethora of taxes and levies introduced at the beginning of this month is expected to erode consumers’ purchasing power, experts have warned. Speaking to Voice Money, Quantitative Analyst at First National Bank Botswana (FNBB), Gomolemo Basele, said the tax pronouncements for 2021 will undoubtedly erode the purchasing power of local households in the short- to medium-term – especially against a backdrop of low real wage growth and unemployment challenges due to the ne...