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In line with the UN’s sustainable development goals, The Bulb World, came into being to provide eco-friendly lighting. Speaking to KOOBONYE RAMOKOPELWA, the youthful company’s CEO, Ketshephaone Jacob lays out their unrelenting ambition to power...
Informal sector businesses operators in Botswana have been largely affected by Covid 19 as currently many people are conscious about their spending and the sector is becoming saturated as more Batswana are looking for ways to generate income. Gabane...
First National Bank Botswana (FNBB) is better known as a bank of many firsts in Botswana’s cutthroat banking sector. Perhaps the bank’s biggest invention to date has been the FNB App which has surely defined and transformed the way banking is...
The world over, fraud is a major concern for both individuals and companies. The complexity of fraud changes every day and billions of Pula are lost to fraudsters on a yearly basis. First National Bank Botswana, the country’s largest bank, is well...
Telecommunications company, VIB Mobile Botswana is growing its footprints in Africa. The local brand made a surprise announcement this week about its latest venture in the mountain kingdom of Lesotho. The local company is a Value-Added Service (VAS)...
Overview A trading platform is software which is designed to be used for trading purposes. Whether it is the opening, closing, and managing market positions through a broker, which facilitates trades and connects Batswana traders to global...
Below is a guidance video of how to complete COVID19 Wage Subsidy FORM
The Botswana Unified Revenue Service (BURS) wishes to remind its valued clients that BURS has various electronic platforms or eservices available on the BURS website at www.burs.org.bw through which clients may continue to be facilitated. These...
Proparco, the French Development Agency’s private sector financing arm, has concluded a US$10 million Tier II long-term debt financing with African Banking Corporation Botswana (“BancABC Botswana”) to accelerate the bank’s activity towards...
The German Development Cooperation (GIZ) in collaboration with Botswana Exporters and Manufacturers Association are identifying companies to assist in upscaling their production. “GIZ CESARE has shown interest in supporting...
Over the past two months the country’s annual inflation has remained stable, although current developments have potential to swing up inflation rate. Statistician General Burton Mguni, this week said the annual inflation rate in March 2020 was...
A new mobile payment application – ‘Ukheshe Africa’ developed in South Africa is identifying business-to-business opportunities for the platform across the African continent, as cashless trend gains momentum. Although the platform has been...
Q1 What nationality do the employees need to be? Citizens of Botswana with valid o’mang. Q2 How much should employers pay employees? The purpose of the subsidy is to provide assistance to employees of eligible sectors. The Government cannot...
Stanbic Bank profits for the year to December 2019 have taken a nosedive despite most major performance indicators being up. According to the lender’s financial results, which were released over the weekend, profit after tax closed at...
FNBB has announced a three months cash-flow relief intervention for both retail and commercial customers impacted by COVID-19. The bank’s Chief Executive Officer, Steven Bogatsu said customers with a good track record will be eligible for the...
Botswana Stock Exchange CEO, Thapelo Tsheole says they expect some listed companies to delay release of their respective financial results so as to factor in the impact of the global pandemic, COVID-19. Tsheole was speaking to this...
The reserve bank – Bank of Botswana- is encouraging the nation to use digital and mobile transactions during this period when government is making efforts to minimise movements to contain the spread of COVID-19. “This is broadly for...
Botswana Stock Exchange-listed energy explorer, Tlou Energy, has agreed to an interim 2mw coalbed methane power purchase agreement with Botswana Power Corporation (BPC). This is the first time BPC or government which owns the power utility has agreed...
Weak South African rand against the pula has led to an influx of South African commodities into the local market. Botswana Manufacturers and Exporters Association (BEMA) have bemoaned the development, which threatens to escalate...
Government has moved swiftly to place Botswana Meat Commission under the care of a management firm; the move is meant to put the Commission into shape both operationally and financially. This was disclosed by Finance and Economic Development...