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Reserve bank authorities have announced that Bureaux de Change that closed last year increased compared to previous years. Mareledi Selabe, Communication Manager at Bank of Botswana confirmed that most of Bureaux de Change closed shop in 2018 due to...
The national telco company, Botswana Telecommunications Limited (BTCL) said its data services are on an upward spiraling growth, as customers switch from voice and SMS to more data centric usage. Announcing its unaudited interim financial statements...
Sefalana group interim profits for the period to October 2018 will be higher compared to the same period last year, it became public late Wednesday. The group, which owns retail brands such as Shoppers and Sefalana Hyper, stated through its Finance...
The country’s investment firm, Botswana Development Corporation (BDC) has disclosed that a multi-pronged strategy, hatched four years ago, is bearing fruits and results, both operationally and financially. The government-owned entity, which is...
Nine years after government adopted the Public Private Partnership (PPP) policy and implementation framework, its sluggish take off has punctuated progress in the local economy.However, next year government has intentions to fast-track PPPs...
As Botswana Meat Commission (BMC) management continue to grapple with efforts to bring the parastatal to profitability, employees from the company’s Francistown plant currently under care and maintenance, remain a headache. Though a hundred of the...
The Non-bank Financial Institutions Regulatory Authority (NBFIRA) has lifted the temporary closure on Bona Life. Regina Sikalesele-Vaka, the founder and Chief Executive Officer (CEO) told media that a lot of what has been troubling the company in...
African Development Bank has granted Botswana Development Corporation (BDC) over P4 million for training and capacity building of its staff members, the latter’s Managing Director, Bashi Gaetsaloe has disclosed. The grant, which is $400,000...
Kgalagadi Breweries Limited, a unit of Sechaba has announced the return of Kickstart, a youth entrepreneurial development program that was suspended three years due to lack of financial resources, Managing Director, Renaud Beauchamp has told the...
Launching its new application, My Play, last week, Mascom Chief Executive, Jose Couceiro said they have a robust network roll out plan to work towards digital inclusion and empower Batswana through ICT. Committing to this undertaking, Mascom...
Standard Chartered Bank Botswana has been awarded the Best Bank for Loyalty Programme in Botswana during the 8th annual global banking and finance review awards recently. According to a statement, the award is in recognition of the Bank’s 360o...
BancABC Botswana Managing Director, Kgotso Bannalotlhe sees the stock market as a growth opportunity for companies and has said his bank’s listing on Botswana Stock Exchange is in line with the bank’s strategic focus of consolidating the market...
Bank of Botswana (BOB) Governor, Moses Pelaelo has allayed fears that inflation will shoot beyond the reserve bank’s three to six percent medium term target. The central bank Chief, this week said the outlook for price stability remains positive as...
Pension Fund Trustees have been urged not to only focus on the accumulation of their members’ savings, but also on the decisions their members make just before and at retirement. Independent Actuary, Tres Consulting South Africa, Robert Rusconi was...
Pension Fund Trustees have been urged not to only focus on the accumulation of their members’ savings, but also on the decisions their members make just before and at retirement. Independent Actuary, Tres Consulting South Africa, Robert Rusconi was...
Property developer and Investment Company, Prime Time has recorded substantial increase in profit after tax to P128 million in its year ended August 2018.The group has also seen an increase in net market value boosted mainly by the US dollar currency...
Property developer and Investment Company, Prime Time has recorded substantial increase in profit after tax to P128 million in its year ended August 2018.The group has also seen an increase in net market value boosted mainly by the US dollar currency...
President Dr Mokgweetsi Masisi has applauded the local mobile network operators – Orange, BTCL and Mascom for helping financial institutions close the financial divide through mobile money. “The agility of this product provides an alternative to...
President Dr Mokgweetsi Masisi has applauded the local mobile network operators – Orange, BTCL and Mascom for helping financial institutions close the financial divide through mobile money. “The agility of this product provides an alternative to...
Botswana Telecommunications Limited (BTCL), the national telco company has embarked on a five-year blueprint to avoid being caught napping by the uncontrollable wave of 4th industrial revolution sweeping across the globe. BTCL Chief Operations...