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G4S Botswana shares have not been suspended from trading at the Botswana Stock Exchange as reported on our print edition today. However, the company has announced results have been delayed and will be out before the end of April 2019.
Rough diamond producer, Debswana has awarded Majwe Mining a multi-billion Pula tender for the company’s Cut 9 project which is expected to lengthen Jwaneng mine’s lifespan by a further 15 years, The Midweek Sun has learnt. Debswana has made it...
Standard Chartered Bank Botswana, the oldest bank in the country has announced that profit before tax for the year ended 31st December 2018 will be between 105% -109% (approximately P243million to P253million) higher than that reported for the...
CA Sales Holdings has recorded a double digit increase in gross profit for the year ended December 2018, despite the challenging operating environment that the fast-moving consumer goods (FMCG) that the company and others face. “Revenue increased...
Maatla Energy, a diversified energy company plans to acquire a majority stake of Jindal BVI, which owns Mmamabula coal deposits in the north eastern side of the country, the Competition Authority (CA) has noticed. According to a statement from the...
The business community has started lobbying government to revise the new Income Tax Act, which has potential to cripple companies’ operations and limit investments in the country. Under the new law passed end of last year, interest expenses are no...
Custodians of the national image – Brand Botswana have implored the nation to move out of its comfort zone and aggressively market the country to the global village. Thuso Palai, Manager of Brand Botswana – International said Botswana is unknown...
Botswana Life, the biggest insurance company in Botswana this Tuesday hosted a masterclass for existing and prospective clients of its International Investment Product. Launched in November 2018, the product is designed to assist Affluent Clients...
Decline in global crude oil prices and government controlled margins that cushion the oil companies from inflationary increases in operating expenditure has negatively affected Engen profits leading to 11.4 percent decline in the year ended December...
Minister of Nationality, Immigration and Gender Affairs, Magang Ngaka Ngaka said the ministry is ready to receive new applications for the Women’s Economic Empowerment Programme as the review of the guidelines will be complete by end of March this...
Public owned property investment company, Letlole La Rona (LLR) will see its profits declining by more than 20 percent in the year ended December 2018. The expected slide in profits is due to the impairment on the carrying value of the four hotels...
Botswana Stock Exchange Limited (BSEL) has been applauded for championing women empowerment, as the bourse employs more women. Speaking at the BSEL Woman Day commemoration recently, Shiela Tlou Co-Chair of the Global HIV Prevention Coalition and...
Botswana Geoscience Institute’s Chief Executive, Tiyapo Ngwisanyi said there is a need for continuous research on the mineral sector in the country as the mines are getting deeper and grades are getting low. Briefing journalists last week,...
Getbucks Botswana has announced intentions to expand and continue to grow footprint across the country. The group’s condensed unaudited financial statements for the six months ended 31 December released this week indicates that GetBucks and its...
Minister of Investment, Trade and Industry, Bogolo Kenewendo has encouraged citizens to promote and support local products thus contributing to employment creation and economic development. Speaking during the ministry’s Market Street day on...
Botswana has been challenged to improve easy of doing business for the country to remain competitive amongst its peers. The Director of Investor Facilitation and Relations at Special Economic Zones Authority’s (SEZA), Neo Mahube recently told...
Coca Cola Beverages Botswana (CCBB) has taken action to correct labeling errors on the 330ml Fanta Orange cans that are distributed and sold in Botswana. The Fanta Orange cans were imported from South Africa and relabeled with stickers placed over...
The Chief Executive Officer of Choppies Enterprises, Ram Ottaphathu has said they are committed to improve the livelihoods of their customers by giving back goods and cash through annual promotions. Speaking during Choppies Birthday Bonanza...
Together with its parent company Cupric Canyon, Khoemacau Copper Mine signed a loan facility of $565 million (P5, 9 billion) from Red Kite Mine Finance and Royal Gold AG to commence its copper and silver mining operations in the Northwest. The...
The Minister of Finance and Economic Development, Kenneth Matambo said the ministry is in the process of drafting the credit information bill to improve access to credit by small businesses. Presenting the budget for the Ministry to legislators on...
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).