BG Markets

BG Markets

Thursday, August 31, 2023
Absa H: 1 profits high
BG REPORTER | 31 August 2023
ABSA
ABSA
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Mbo joins FNBB board
First National Bank of Botswana Limited (FNBB) has appointted Dr. Mbako Mbo as an Executive Director to the FNBB Board with effect from 17 August 2023. Mbo is currently the Chief...
BG REPORTER | 25 August 2023
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Shumba issues shares
Shumba Energy announced that it has issued 1,137,455 new ordinary shares which are to be issued in settlement of an obligation amounting to USD75,226 incurred by the company for...
BG REPORTER | 25 August 2023
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Internet subscriptions decline
Internet subscriptions declined by 2.4 percent to 2,906,834 from 2,977,845 recorded in the last three months of 2022. Statistics Botswana revealed that this was attributable to...
BG REPORTER | 25 August 2023
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LLR share price drops
Letlole La Rona share price declined by 28 percent during the seven months period ending July 2023. Botswana Stock Exchange (BSE) market performance report for the seven months...
BG REPORTER | 18 August 2023
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F/Town LEA incubator nets P12 m
Francistown Industrial Business Incubator (FIBI) indicated good performance recording a total turnover of P12,2 million during the 2021/22 Financial Year. Local Enterprise...
BG REPORTER | 18 August 2023
Daniel Neo Moroka
Absa anticipates half year profits surge
Absa Bank Botswana anticipates substantial profits from its half year results for the period ended 30 June 2022. The bank announced this week that its profit before tax is expected...
BG Correspondent | 02 September 2022
Roy_Bagattini-
Woolworths hikes dividend as it touts ‘healthiest’ balance sheet
Retailer Woolworths Holdings Limited (WHL) on Wednesday (31 August) published its results for the 52 weeks ended 26 June 2022, showing muted turnover, buoyed by strong online sales...
BG REPORTER | 02 September 2022
Cross Kgosidiile
BDC commits to growing the manufacturing sector
Botswana Development Corporation, the government’s investment arm, is committed to fundamentally contributing to the development of viable, competitive, and profitable...
BG REPORTER | 02 September 2022
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Prime Time appoints new secretary

Prime Time Property has appointed Unopa Njadingwe as Company Secretary with effect from 10 August 2022. Njadingwe joined the external management company of Prime Time on 1 July...

BG REPORTER | 26 August 2022

CA warns consumers against Katlego Motors

BG REPORTER | 26 August 2022

Chobe Holdings appoints John Gibson as CEO

BG REPORTER | 26 August 2022

Africa’s off-grid solar sector seeks to rebuild after pandemic shock

BG REPORTER | 24 June 2022
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Metlhaeno Gaseitsewe Bathoen

ROYAL RIFT

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Sennye Obuseng

DIAMOND DILEMMA

Botswana’s Future Hinges On Selling 10M Carats by July

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BoB, DCEC, DIS, FIA implicated in fictitious bank account

- Govt remains silent on allegations

Permanent Secretary in the Finance Ministry, Dr Tshokologo Kganetsano

Government is dead broke

- P8.3 billion load from BoB, BPOPF depleted in a week - Govt suspends GPO generation - Revenue inflows decreases, public expenditure increases - MDAs continue to commit govt to more financial obligations - We have to close leakages first - Minister Gaolathe - Reliance of SACU Revenue Pool not sustainable

Chief Economist at SPECK Dynamics, Sennye Obuseng

Economic crisis to worsen

* As pressures mount

Currency Rate

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