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11 Aug 2019

BY VICTOR BAATWENG

Efforts by Deepak Verma – a representative of the Verma family who conceptualized the liquidated Selebi Phikwe based steel manufacturing company – Pula Steel Casting and Manufacturers (Pty) Limited to buy back the company seems to be proving futile.

11 Aug 2019

BY PORTIA NKANI

Water Utilities Corporation – the country’s water carrier has procured and is currently installing a device management system worth P24 million.

11 Aug 2019

BY MOSIDI MOKAEYA

Two local banks – National Development Bank (NDB) and Stanbic Bank Botswana this week held two separate events aimed at empowering women entrepreneurs in the country.

11 Aug 2019

BY PATIENCE RADISOENG

The Botswana Stock Exchange quoted Coal Company - Minergy Limited has announced that it will reach steady-state production by September this year.

The energy company which owns 100 percent of the 390-Mt Masama coal project in the Mmamabula area says the big-ticket items have been spent.

11 Aug 2019

BY PATIENCE RADISOENG

The Botswana government urgently needs to start turning rhetoric into visible action if some of its economic policies such as the Citizen Economic Empowerment (CEE) are to start bearing fruits.

As it stands, many smaller companies in the country are handicapped by a lack of competitive intelligence and access to finance.

11 Aug 2019

BY BONNIE MODIAKGOTLA

The Botswana Stock Exchange Limited (BSEL) intends to make further changes to its market making rules, which will result in the changes affecting the closing price of the quoted stocks, the bourse revealed this week.

11 Aug 2019

BY BONNIE MODIAKGOTLA

The financial markets, particularly the banking industry, are premised on a high level of trust for it to function properly. After all, people see banks as safe havens for storing their funds, and any hint of threat to this trust usually results in “bank runs” where depositors quickly pull out their funds on the face of any threat.

11 Aug 2019

BY CEDRIC SWANKA

Botswana has made four bill amendments this year to comply with international laws and improve business competitiveness.

11 Aug 2019

BY KABELO SEITSHIRO

The much awaited forensic audit report by Ernst & Young Botswana on retailer - Choppies Enterprises has led to the delay to confirm the company Annual General Meeting (AGM).

The forensic audit report was expected to be released in July 2019 but has not met the deadline just like the company’s financial statements.

11 Aug 2019

BY BONNIE MODIAKGOTLA

The Financial Stability Council (FSC) has disclosed that businesses are taking on less credit, and while they dominate the share of deposits at banks, their preference for short term maturities have potential to constrain policy transmission.

11 Aug 2019

A storm is brewing between the national food purchasing agency - Botswana Agricultural Marketing Board (BAMB) and some of the most successful agro-businessmen in the country – Pandamatenga commercial farmers over the former’s services.

11 Aug 2019

Agri-business is generally regarded as a silver bullet for the development of African economies. The sub-sector brings about value adding instead of exporting raw commodities – a phenomenon that was a norm for most African countries including Botswana.

05 Aug 2019

BY KABELO SEITSHIRO

Whilst the Master of the High Court in Botswana is said to have preferred to give the job of liquidating the BCL Limited and its subsidiaries to a local firm, a sizeable number of them are reported to have turned down the offer.

05 Aug 2019

BY CALISTUS BOSALETSWE

KANYE - The Citizen Entrepreneurial Development Agency (CEDA) has praised the agriculture sector resilience amid effects of global climate change.

According to CEDA the resilience that the agriculture sector has so far shown was realized through the repayments of loans that surpassed the expected recollection targets last year. 

05 Aug 2019

BY PORTIA NKANI

Barclays bank Botswana on Thursday opened its Enterprise Development (ESD) Centre as part of its continued effort to support and grow Small Medium Enterprises in the country.

The centre forms part of the Botswana Stock Exchange Limited quoted bank’s’ enterprise development programme.

05 Aug 2019

BY VICTOR BAATWENG

The negative effects of corruption on the quality of democratic governance, economic prosperity for all and by extension societal well being are globally recognised, and have been the object of numerous international and national legal interventions.

05 Aug 2019

Local businessman and one of the directors of the country’s only listed teleco – BTCL, Maclean Letshwiti has bought 100 000 ordinary shares of the company. The announcement was made by the company mid this week.

05 Aug 2019

BY VICTOR BAATWENG

The demand for more frequent statistical data and indicators continues to increase, a trend that has since forced the national statistics agency – Statistics Botswana (SB) to reconsider the frequency of the publication of its statistical products.

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