Author

Andrew Maramwidze
  • Government moves to end GABS glitches

    Persistent technical hiccups affecting government’s online accounting platform - Government Accounting and Budgeting System (GABS) are expected to cease before end of March, the Minister of Finance has revealed. The Minister of Finance, Peggy...

  • Chobe feels the impact of COVID 19 hangover

    Botswana Stock Exchange (BSE) listed tourism player Chobe Holdings is still reeling from COVID-19 pandemic challenges, the company’s latest business update has revealed. Despite international travel trends having an increased demand for luxury...

  • Violent illegal sand mining mafias emerge

    Wildlife Justice Commission has warned of emerging illegal sand mining mafias, as the environmental crime escalates across the globe.The development is due to sand being a key raw material in the concrete, asphalt and glass that build infrastructure...

  • BITC dangles a carrot to Zimbabwean companies

    Botswana Investment Trade Centre (BITC) has put out a call to Zimbabwean companies, to utilise the local economy, and raise operation funds. Speaking at the 40th anniversary of the Zimbabwean based Emeritus International Reinsurance Company, the BITC...

  • Govt considers domestic borrowing to finance fiscal deficit

    With limited options to finance fiscal deficits on the backdrop of declining Investment Account (GIA) and global economic challenges, government has set its eyes on the local equity market. The anticipated fiscal deficit for the year 2023/2024 is...

  • Construction of BSE iconic headquarters starts soon

    Botswana Stock Exchange (BSE) has announced intentions to launch construction of its headquarters in the capital’s Central Business District (CBD) in the fourth quarter of the year, estimated to cost between P175 million to P200...

  • Kwa Nokeng Oil calls for efficiency

    Kwa Nokeng Oil has implored freight industry stakeholders, both government and private to improve infrastructure, minimise ports of entry delays and security issues in order to spur the country’s transport sector growth. Speaking at the inaugural...

  • Govt, De Beers urged to speed up deal

    Government has been urged to remove bottlenecks anticipated to weigh down prospects of the economy. Econsult analyst, Sethunya Kegakgametse in the company’s first quarter economic review, said uncertainties lingering over the economy will inject...

  • School uniform import ban stays

    Despite chain retailers' efforts to interdict statutory instrument (SI) restricting importing of school uniforms, the government has remained unapologetic on the issue. Trade and Industry Minister, Mmusi Kgafela speaking at the Botswana textile...

  • LLR bemoans 2019 transfer duty amendments

    Letlole La Rona (LLR) has bemoaned the impact of new Transfer Duty Amendment Act of 2019 on the country’s real estate industry, as increased transfer duty for non-citizens from five percent to 30 percent has hampered business.With intentions to...

  • BSE embarks on mitigating delisting surge

    The prevailing economic and business situation will force the Botswana Stock Exchange (BSE), to work extra hard, and attract new listing on the bourse. Statistics indicate that initial public listings (IPOs) on stock exchanges across Africa has been...

  • BSE unyielding on growth plans

    Despite the current economic climate with short to medium term risks, Botswana Stock Exchange (BSE) remains optimistic of the year ahead. “We project an enabling environment that would be very supportive of our 2022 – 2026 strategy,” said BSE...

  • NBFIRA guarantees safe virtual assets services

    NBFIRA has announced that issuing of the country’s first virtual asset service provider license is demonstration of the continued growth, depth and dynamism of the local market. Last year, during the fourth quarter, NBFIRA granted Yellow Card...

  • BEMA plays down uniform crisis

    Botswana Manufacturer Exporters Association has allayed fears that local manufacturers cannot meet demand of school uniforms, following the restriction on importation of school uniforms. Chains stores such as Ackemans and PEP have approached the High...

  • Child marriages a thorn in SADC communities

    Traumatic youth encounters on sexual and reproductive health and rights (SRHR) have been put on spotlight for law makers on the SADC bloc, to chew over and come up with appropriate legislations to prevent the disturbing reality being witnessed across...

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