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Absa Botswana will continue to support government initiatives which are aligned to its strategic intent, Managing Director, Keabetswe Pheko Moshagane said recently. One of the sectors that the bank has vowed to support is the agricultural sector,...
Absa, the Pan African bank with presence in Botswana, this week announced pre-provision profit for the six months to June 2023, has jumped double-digit, in the face of a tough trading environment, mostly outside its sphere of control. During the...
Botswana, a developing country which is narrowly diversified, needs to overcome emerging challenges such as climate change, fiscal and external sector sustainability, in order to transition to a high income status.This is the message that came out...
Botswana’s captains of industry this past week called on international investors to set base locally, arguing that unlike others, the country is -politically and economically stable, and most importantly, has the best laws, taxes, predictable...
De Beers senior executives disclosed this week that the ‘in principle’ agreement they have reached with Botswana government is the best that each party could have ever got, given the prevailing circumstances.Executive Vice President- Diamond...
The country’s anti-trust body unconditionally approves the proposed acquisition of 100% of the issued share capital and all sale claims of MTN Business Solutions Botswana by Mascom Wireless Botswana, the country’s leading mobile telecoms company....
BOTSWANA GUARDIAN: Kindly provide background to the formation of i-Centric.KEVIN MAIKA: When my contract with a UK employer was coming to an end in December 2014, I debated on whether to sign the contract extension they had put before me or start my...
First National Bank Botswana, the biggest lender by market capitalisation, this week announced the expansion of its insurance portfolio, by among others, introducing, for the first time, comprehensive coverage for car, home, and personal risks,...
BOTSWANA GUARDIAN: BlackOak operates in the diverse tech sector. As a company, what areas are you specifically focused on?FLORENCE CHILISA: We are very passionate about technology and how it can be leveraged for a better quality of life in business....
MN Capital group, the foremost provider of platforms for investment meetings will in two-weeks’ time, host the highly anticipated 3rd annual Botswana Infrastructure and Alternative Investment forum in Gaborone, the capital. The event, according to...
Botswana, a developing economy is currently struggling to keep the lights on. This week hundreds of thousands of homes were plunged into darkness, emanating from the apparent breakdown of the infamous Morupule B power station.The darkness stretched...
BOTSWANA GUARDIAN: Kindly provide background to the formation of Xavier Africa.TAVONGA MOCHUCHUTI: Xavier Africa was founded on the belief that Africa's DNA is rooted in innovation, creativity, and the refusal to accept status quos that do not...
Khana Capital, the emerging fintech company and Small Micro Medium Enterprises(SMMEs) financier is aiming to be the ‘go to’ establishment for supplying chain financing both in Botswana and the Southern African region as a whole.In a recent...
Moody's Investors Service has downgraded the corporate family ratings of Botswana Stock Exchange listed Letshego to Ba3 from Ba2 and affirmed its long-term issuer ratings at Ba3. “The outlook on Letshego changed to negative from stable,” said...
Botswana, a landlocked country, is currently experiencing a surge in the amount of illicit tobacco trade, a development which, if left unchecked will have disastrous impact on the country’s economy and image at large. As a result of these...