By the AFREEQUE newsroom, based on Weekendpost
Illustrative image · Tima Miroshnichenko · Pexels · Licence PexelsBotswana commercial bank BBS Bank recorded a loss of 71.5 million pula in the first half of 2026, compared with 17 million during the same period in 2025. Its management attributed the result in particular to investments intended to strengthen its operations and digital transformation, according to Weekendpost.
The Botswana Housing Corporation posted a net profit of 49.6 million pula for the year ended 31 March 2026, against a loss of 104.6 million a year earlier. The recovery was driven in part by 95.6 million pula from property sales, while revenue fell by 42%, Weekendpost reports.
🇧🇼 Botswana · Source: Weekendpost ·
Botswana’s exports fell from 46 billion to 35.9 billion pula in the first seven months of 2026, while the trade deficit widened to 17.6 billion. Lower diamond sales accounted for most of the decline, according to Statistics Botswana data reported by Weekendpost.
🇧🇼 Botswana · Source: Weekendpost ·
Spot sales of rough diamonds by the Okavango Diamond Company brought in 3.3 billion pula during the first nine months of the year. The figure is equivalent to about $200 million and forms part of the trading activity of the Botswana state-owned company, reports the Sunday Standard.
🇧🇼 Botswana · Source: Sunday Standard ·
The Botswana Football Association plans to open an academy in January 2027, with up to 2.76 million pula in FIFA funding. Trials for pupils who have completed Standard 7 are expected to take place before the programme begins, the association’s acting chief executive, Bathusi Rathari, told WeekendSport.
🇧🇼 Botswana · Source: Weekendpost ·
Trafficking conviction helps Botswana retain US rankingA human trafficking conviction, the first in Botswana in four years, allowed the country to retain Tier 2 in the US 2026 assessment. The sentence was 15 years in prison, according to the Weekend Post, which says South Africa remains under monitoring.
Angola borrows $105 million, including $91.1 million with no specified purposeThe Angolan state is securing a $105 million external loan, backed by an $8.9 million debt to the company Tecnovia for completed works. Of this amount, $91.1 million is intended for the state’s general needs, with no specific use given by the Ministry of Finance, Expansão reports.The week in Africa
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