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27 Jul 2017

The Botswana government has invited prospective bidders for the creation of a coal-to-liquids plant with support from its State-owned oil company, Botswana Oil Limited (BOL).

Botswana oil says that the purpose of the prequalification of the project aims to diversify the country’s economy and attain fuel self-sufficiency through the exploitation of the abundant coal resources.

27 Jul 2017

Local leading brewer, Sechaba Brewery Holdings Limited, is set to release financial results lower than those reported for the half-year period ended June 2016.

27 Jul 2017

The United Kingdom (UK) and members of the Southern African Customs Union (SACU) have agreed to continue discussions to explore ways to ensure that the existing trade arrangement between the two currently governed by the EU-SADC EPA will not be disrupted by the UK’s departure from the EU.

27 Jul 2017

Local individuals contributed 5.9 percent to the total turnover recorded by the Botswana Stock Exchange (BSE) during the first half of 2017, data supplied by the local bourse shows.

This is in comparison to the 3.6 percent contribution made in the corresponding period in 2016.

27 Jul 2017

The Botswana Institute of Chartered Accountants (BICA) has expressed concern over people who work in the accounting profession with fake qualifications. The Institute is embarking on efforts to sensitise the public on its Act.

27 Jul 2017

The all-new Land Rover Discovery is the latest generation of Land Rover’s most capable family SUV, powered by unparalleled offroad technologies is expected to make its way into Botswana soon. The latest edition embodies Land Rover’s drive to go Above and Beyond, combining British desirability with an unstoppable spirit of adventure.

23 Jul 2017

What sugar is to tea is what New African Properties (NAP) is to the Botswana Stock Exchange (BSE); it certainly has been the sweetener to the local bourse and not once but twice.

23 Jul 2017

Water Utilities Corporation (WUC)’s Acting Corporate Communications Manager Khumo Mugibelo says customers owe them money amounting to P800 million in unpaid debts.

In an interview with Sunday Standard, he cited that the debt is a major problem for the company and also poses threats to their ability to provide the community with adequate water supply.

23 Jul 2017

Flowing with the energy, but moving into coal bed methane, Botswana-focused Tlou Energy Ltd, says its second quarter which ended June 30, has improved on its Lesedi coal methane project.

Shares in Tlou are trading 22 percent higher since the beginning of July.

23 Jul 2017

Lucara Diamond Corp is likely to cut the second largest diamond ever found following to find a buyer after bidders at the Sotheby’s auction in London failed to beat the minimum price in last year.

Lucara’s chief executive William Lamb is quoted as saying that another challenge to fetch what the tennis ball-sized diamond is worth, is the fact that the polishing itself is risky.

23 Jul 2017

Botswana recorded an increase in diamond production for the second quarter ended June 30, 2017 according to a production report from Anglo American but this rise doesn’t directly imply that it will add positive value to the economy.

23 Jul 2017

Until recent years, Botswana has been exceptional among the African nations in so many ways. The country has perhaps merited the most admiration globally for its unique ability to direct revenue from minerals towards development and economic advancement during its early years of independence, or rather soon after discovery of minerals more especially diamonds.

23 Jul 2017

The annual Botswana Ostrich Farmers Association (BOFA) gala dinner has been scheduled for September 8 at Phakalane Golf Estate.

BOFA chairperson Thabo Mokwena says the Vice President, Mokgweetsi Masisi is expected to officiate.

The Minister of Agriculture Development and Food Security, Patrick Ralotsia is expected to give closing remarks.

18 Jul 2017

Tlou Energy Limited, the AIM and ASX listed company has appointed former Bank of Botswana governor Linah Mohohlo to its Board as a Non-Executive Director with immediate effect.

The company is focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM)

18 Jul 2017

Elsewhere in this edition we carry a story in which the International Monetary Fund (IMF) reminds us of a well known fact – Botswana’s public infrastructure is deteriorating.

18 Jul 2017

It seems that the reason an average Motswana goes to work every day is just to get by. Typically a working individual wakes up in the morning, gets dressed to go to work and before leaving the house eats breakfast.

18 Jul 2017

The Director General (DG) of the Directorate on Corruption and Economic Crime (DCEC), Rose Seretse says that they have not recorded any corruption cases pertaining to awarding of Economic Stimulus Package (ESP) projects tenders.

She was responding to journalists’ queries on whether the institution ever unveiled any misdemeanors in multimillion Pula projects awarded for ESP.

18 Jul 2017

Local and international manufacturers are set to showcase their potential at the inaugural exhibition slated for July 20 to 22, 2017 in the capital Gaborone.

18 Jul 2017

Government says in growing economies the ICT sector contributes significantly to the economy as it is a crucial enabler of efficient product and service delivery across all sectors.

18 Jul 2017

Despite Botswana’s relatively high public investment spending, the quality of infrastructure has fallen down sharply in recent years, a study undertaken by the International Monetary Fund (IMF) on the country’s public infrastructure has shown.

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