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World Bank has challenged international investment portfolio managers to consider Africa as a fertile ground to plough equity. Jingdong Hua, Vice President and Treasurer at the bank said very few equity financing institutions are ready to invest in...
BancABC Botswana’s Managing Director, Kgotso Bannalotlhe is one of the few locals who are at the helm of major commercial banks. Running a commercial bank in Botswana is considered a plum yet challenging position. This perhaps explains why until...
Flo-Tek Pipes and Irrigation has launched its latest plumbing solution, acquired from a US based company Lubrizol Corporation. According to the company, the product is easy to install, durable and an economic plumbing solution. The new Chlorinated...
Prime Time, one of the country’s largest property firm has bemoaned the negative impacts derived from Income Tax Amendment Act passed last year. Managing Director, Sandy Kelly said the new legislation combined with the proposed changes to Property...
Drought has hindered Citizen Entrepreneurship Development Agency’s (CEDA) intentions to increase its investment support to Mosi/Sedibeng Block farmers. CEDA Chief Executive, Thabo Thamane, disclosed during the annual Mosisedi Harvest Day last...
RDC Properties Chairman, Guido Giachetti said they continue to experience challenging trading environment on its retail segment in Botswana and Mozambique. Despite completing the extension of the XaiXai shopping centre in Mozambique, the company...
Through determination, hardwork and perseverance, Kesego Moeng found a niche in the events management market to bring professional solutions and generate income. Her business, Vision Bound (Pty) Ltd offers professional services, including...
Assistant minister of youth empowerment, sport and culture development, Dikgang Makgalemele has challenged potential youth entrepreneurs to exploit the various funding sources within the country. Makgalemele was speaking at the inaugural...
Barclays bank’s economist Naledi Madala has urged the country to consider manufacturing, as a key tailwind to drive the economy and reduce inequality. She was speaking at a gathering organised by the bank which focused on economic outlook for...
Minister of Youth Empowerment, Sports and Culture Development, Tshekedi Khama has told parliament his ministry continues to face challenges on the repayment of Youth Development Fund (YDF) loans. Recently presenting the budget to Parliament, Khama...
Botswana Oil Limited is buoyant that the regulator, Botswana Energy Regulatory Authority (BERA) will have a positive second thought on its exclusive petroleum import license which it rejected nearly a year ago, Botswana Guardian understands. Mid...
Engen, Botswana’s only listed petroleum company has made a profit of P127, 3 million for the year ended December 2018. This is contrary to last week’s edition in which we stated it was a loss. While the group which is managed by Chimweta Monga...
Retail property developer, Turnstar holdings will see its financial performance go up by approximately 497 percent in the year ended January 2019. Last year the group’s comprehensive income was P25.7 million and has now increased to P128 million...
Botswana International University of Science and Technology (BIUST), Vice Chancellor Professor Otlogetswe Totolo has challenged government to dismantle Botswana Meat Commission and other state owned monopolies and allow for competition. He said the...
As business integration and competition dialogue deepens on the local economy, divergent views are popping up on the issue. This comes at the backdrop of Competition Authority (CA)’s governing Act allowing both horizontal and vertical integration....
Botswana Investment and Trade Center (BITC) is leading and investment and trade promotion mission in Doha, Qatar in efforts to position Botswana as a preferred investment destination globally. The mission is facilitated by the Qatar Chamber of...
Competition Authority has approved the 100 percent acquisition of Bank of India by First Capital Bank Limited (FCBL) assuring that the acquisition will not result in lessening of competition in the banking sector and that there will be no job...
Vivo Energy rolled out its retail expansion project to grow the business in Botswana and offer more services and value to customers in all service stations. Launching its second ‘Welcome’ retail shop at Riverwalk mall in Gaborone, Retail...
Farmers are facing a bleak harvest season following poor rainfalls which are likely to lead to stunted growth of crops in most parts of the country. Last week the Business Trends met with farmers in Kanngwe who expressed their hopeless...
Driven by the zeal to generate money and create employment for other youth, Gofaone Busang decided to be an entrepreneur, specializing in branding solutions and events management services. She started a branding business last year Sepmeber with...
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).