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09 Sep 2006

World Bank study ranks Botswana along side Zimbabwe as worst SADC countries in protecting investors

Botswana slips four positions from last year on “Ease of doing business” index

Botswana red tape worst in the region

It is more difficult to start a business in Botswana today compared to last year

09 Sep 2006

Gordon Bennet must have spent many nights burning the midnight oil. The crack lawyer representing Basarwa in their case against eviction from the Central Kgalagadi Game Reserve this week lugged a bag heavy with 400 pages of his summation into the Lobatse High Court.

09 Sep 2006

Botswana’s opposition parties stand a better chance of winning elections through the current first past the post system as opposed to proportional representation Writes OLIVER MODISE

Do you want a clear view of Botswana’s politics? Get a St Louis lager.

09 Sep 2006

I write this article to express disappointment about the shenanigans of those who have, so far, failed to tell the truth on a subject where, judging from recent events, speculation and misconception progressively have the upper hand.

09 Sep 2006

If you are a salary man looking for job security, or an investor looking for a country where it is easiest to hire and fire, then Botswana is a place to be.

Studies by the International Finance Corporation (IFC), a private sector arm of the World Bank ranks Botswana at the top of SADC countries where investors face the least difficulty in “hiring and firing workers”.

09 Sep 2006

The world’s leading diamond mining company by value, Debswana, re-launched its  Social Investment Policy (CSI) which aims to create a legacy of prosperity, sustainability and empowerment for the communities in Botswana.

09 Sep 2006

Botswana Telecommunication Corporation (BTC) sent jittery waves of possible upward inflationary pressures and gloom on its intended privatization plan  as it announced its jerk up  fixed line rentals coupled with an upswing in the local calls when it revises its tariff next month.

09 Sep 2006

Imara Holdings was last week upbeat about the economic prospects of the African continent as it launched its new product – the Africa Opportunities Fund – aimed at luring funds from the sub-regional into regional economic activities.

09 Sep 2006

First National Bank of Botswana, the second largest company on the Botswana Stock Exchange (BSE), broke the banking sector record as it became the icon  of the industry by achieving 28.1 percent profit, before tax, largely aided by both interest on income and the non-interest income.

09 Sep 2006

The much vaunted complementarity between the Fiscal and Monetary authorities has come under renewed spotlight.

07 Sep 2006

Botswana Telecommunications Chief Executive Officer V.T Seretse has become the latest convert to the processes of liberalization and privatization in the telecommunications industry.

While eight months ago he was opposed the processes with adamant resolve saying they would undermine BTC profitability, this week Seretse was upbeat and preaching the two exercises with new found zeal.

07 Sep 2006

Final submissions by lawyers in the ongoing case between the Basarwa and government continued today with the lead lawyer for government Sidney Pilane telling the court that contrary to what the Basarwa lawyer has said there is nothing “unlawful or unconstitutional,” in the relocations.

07 Sep 2006

A team of the Botswna Congress Party Executive, led by party Vice President Dr. Kesitegile Gobotswang is scheduled to visit the CKGR and New Xade.

The BCP visit to the disputed territories follows a recent meeting called by state President Festus Mogae at which he briefed leaders from opposition about the issue.

04 Sep 2006

Three companies bid for the national carrier, Air Botswana, in the second attempt in three years aimed at the privatization of the airline.

04 Sep 2006

While only 15% of small and medium enterprises in Botswana are unbanked, 90% of SMEs pay their staff in cash.

04 Sep 2006

Mascom Wireless, the mobile telephone network, is aiming to increase its sites by 120 percent in a bid to remain as a dominant player in the telecommunication industry in the country.

04 Sep 2006

Botswana government’s diamond mining profits in De Beers increased by 10 percent in the first six months to June, reflecting the impact of the newly signed agreement between the two parties, a report said last week.

03 Sep 2006

Recently, there has been a spate of articles in the local newspapers on the CKGR relocation issue. Although the views expressed therein offer nothing new to the debate, the Ministry feels obliged to comment at this stage, to set the record straight, so that the public is given a balanced view.

03 Sep 2006

As a party of change, the BCP is supposed to be a responsible, conscientious, introspective and sensitive organisation, and conduct its business with unusual care. It should not be flunkey. Its strategic actions should be unquestionably plausible, valid and morally upright.

03 Sep 2006

Botswana National Front president, Otsweletse Moupo, has once again survived attempts by some of the members of his Central Committee to axe him.

But indications are that the Central Committee is heavily divided.

At a meeting held Friday night, Moupo turned down calls to resign, instead he offered to take a six week leave to resolve his problems.

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