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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...
Botswana Stock Exchange (BSE) has intentions to implement a new Central Securities Depository (CSD) system by the second quarter of next year. Authorities at the bourse have already put out a call for companies to perform a post migration data...
Kweneng District Council has established a trust to assist the district council facilitating funding toward local economic empowerment, social uplifting and coordination of rural development programmes in the Kweneng district council Through the...
The minister of investment, trade and industry, Peggy Serame, has through the Extraordinary Government Gazette of 2nd December 2019 published the Competition Act, and the Consumer Protection Act (Date of Commencement) Orders, thereby commencing the...
Botswana Telecommunications Corporations Limited (BTCL) has announced unwavering support to the 4th industrial revolution developments on the local economy. “At BTC, we believe that the fourth industrial revolution is a global language and...
Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Chief Executive Officer, Oaitse Ramasedi has stated that the troubled Bona Life has been placed under Statutory Management in terms of Section 47 of the Insurance Industry Act, 2016,...
Investment management company, Kgori Capital introduced an online transaction platform offering a convenient way for investors to transact online. Dubbed, Kgori Secure Services the platform is geared towards both retail and institutional investors...
RPC Data’s strength outside borders has continued to grow exceptionally, as indicated by the company’s recent feat to rescue Zambia Telecommunications Company Limited (ZAMTEL) from a major ICT crisis towards end of 2019. “After a long struggle...
It is a fact that Africa is the fastest growing continent in the world in terms of population. With recent investments and developments in infrastructure, the continent might prove to be the fastest growing economy in recent times. The entire...
The UK has perhaps the widest range of economic, political, cultural and historical ties with Sub-Saharan Africa of any non-African state. Yet successive British governments have to some extent taken these relationships for granted. While France...
guardiansun.co.bw is the online edition of Botswana Guardian and The Midweek Sun, Botswana’s leading and oldest newspapers, published by CBET PTY (LTD).