Batswana are warming towards cashless society as evidenced by the growing number of electronic transactions. However hard cash remains king for a society that has been burning through credit while keeping lower savings.
Standard Chartered Bank Botswana (SCBB) has overturned its loss-making position recording a profit before tax of P28 million for the half year period that ended June 2018. In 2017, during the same period, the bank recorded a loan impairment induced loss of P66 million.
The global mining industry calls the process “beneficiation.” This is a deliberate effort to build an additional market around the mining sector so that citizens of producer countries like Botswana can make money, not just from the sale of rough diamonds, but also from their cutting and polishing.
It is a story slowly but surely growing more and more common. A guy goes out with friends for some good time out. A bit of gallivanting, if I may call it that. They get to a club. Gets a drink. Spots a beautiful young lady at the other end of the counter. She makes eye contact, and the usual ‘bring your sexy ass over here’ kind of smile that follows. He walks over. Introduces himself.
When Gaborone tricenarians and quadragenarians talk about the good old days the subject will invariably turn to hanging outside Kings Restaurants, Fat Albert’s, uncle Boyce’s or feasting on the delicious pop Inn fish and chips.
In one generation, all these family businesses which gave Gaborone its character have been run out of town by Choppies, Spar, KFC and Nandos.
“It is a tale told by an idiot, full of sound and fury, signifying nothing,” so goes a saying by Shakespeare in Macbeth.
For the Botswana senior national football team, The Zebras, these sayings may have an even better meaning.
Regime upon regime, the Zebras have been promised better payment system, and yet nothing ever suffices.
Having worked within the Botswana Premier League for a season, I realised that one of the most urgent matters that clubs need to address is the privacy of their training, programme and planning.
With just over a month to go before the International Olympic Committee (IOC) announces the 2022 Olympic Youth Games hosts, Botswana is optimistic of winning the bid.
The country, along with three other African countries, being Nigeria, Senegal and Tunisia are vying to host the first Youth Olympics in African soil.
Excitement is building up ahead of the much anticipated second edition of the Under 18 (U18) national 3 on 3 Young Lion’s Cup basketball tournament tour which is scheduled to start this coming weekend.
As a way of celebrating its 20th anniversary, mobile network operator - Mascom Wireless – saw it fit to extend the celebratory mood to cycling by increasing the prize money for the winners of the upcoming 4th annual Mascom Cycle Challenge.
Botswana National Olympic Committee (BNOC) has put a bid to host the 2022 Youth Olympic Games with the belief the hosting will improve sports in the country.
It will be the first time the continent host the games and Botswana having hosted the second Youth Africa Games believe they will be able to stage the world youth event.
If the prodigal son had fathomed his to be the only return that would be openly received in conscious oblivion of the flaws he had unmasked in his character, he had done so out of an innocent unawareness that epochs later there would a country called Botswana that would follow in similar fashion.
With his parliamentary platform having failed to bring help he had hoped for, the Gaborone North MP, Haskins Nkaigwa, is now appealing to lawyers in private practice to help restore land originally earmarked for a large-scale, low-cost housing project to its rightful owners.
In 2006 this patriot ran an essay in Mmegi titled ‘Botswana under Siege’, (Mmegi, 10th March 2006) which attracted a heavy-handed yet clumsy, un-presidential and laughable rebuttal from the Office of the President (OP).
A recent announcement by Hon Eric Molale, Minister of Mineral Resources, Green Technology and Energy Security, purports to convey the decision by Government, to resume operations of the BCL.
Mahatma Ghandi once said “First they ignore you, then they laugh at you, then they fight you, then you win”.
Even in exile, Kgosi Kgolo Kgafela Kgafela II, must be having the last laugh at Tshetlha ya Dikgwa, who is now in a confused and desperate state. A spoilt megalomaniac who just can’t let go and can’t live without power.
The Alliance for Progressives (AP) has said the Umbrella for Democratic Change is no longer viable.
AP said as such they have no desire to engage in any talks with the UDC.
AP Secretary General Phenyo Butale said if anything the AP would negotiate to individual parties that make up the UDC.
The United Nations High Commission for Refugees (UNHCR) faces mounting accusatio0ns of starving refugees from Caprivi ain Namibia that have declined calls to go back home.
Court records suggest that former President Ian Khama diverted Botswana Defence Force (BDF) and Directorate of Security Services (DIS) funds, equipment and personnel towards developing his family farm in the Central District.
An armed robbery suspect Adolf Mogorosi who was shot twice on the leg and abdomen by the police has lost his legal suit in which he was demanding more than P3 million from the Botswana Police Service for unlawful arrest and wrongful detention.