RSS Feed

23 Mar 2008

Aviva Corporation Limited, the Australia and Botswana listed Energy Company, moved a step further to giving the markets the much needed confidence by saying its resource at Mmamantswe has been upgraded from inferred to indicated.

23 Mar 2008

Linah Mohohlo, the Central Bank governor, has criticized the financial sector for its failure to transfer skills to citizens saying the situation, as it stands right now, is unacceptable.

23 Mar 2008

Botswana claimed its rightful stance in the international diamond market last week by launching Diamond Trading Company (DTC) Botswana which will take over the activities that have been performed by DTC London.
DTC Botswana is the world’s most sophisticated diamond sorter, valuing and marketing arm in the world.

16 Mar 2008

Kickstart, an initiative by the Kgalagadi Beverages Trust, in continuing to empower the youth economically by providing them with capital to start their own businesses and to expand on the already existing ones, this week hosted its 4th Kickstart Annual Business Awards.

Four Batswana youths were each awarded P100 000 while the fifth one got P70 000.

16 Mar 2008

The business community in Francistown has urged the Botswana Power Corporation to seek the backing of government and the legislature if they hope to make any headway in their public awareness campaigns.

16 Mar 2008

The European Commission has finally reacted to the plight that has been plaguing the Public Procurement and Asset Disposal Board for quite sometime now by providing millions of Pula in technical assistance with the primary aim to improve operations, the PPADB head revealed on Wednesday at PPADB head office.

16 Mar 2008

What young Motswana entrepreneur would refuse a free airline ticket to New Delhi, India, a US$5,000 cash award as startup funding, and a chance to present a business plan to several thousand potential partners, investors and mentors from around the world?

16 Mar 2008

The Cresta Marakanelo Group of Hotels this week held the first Cresta graduation ceremony for their nine employees who had just finished their Diplomas in Culinary Arts from one of South Africa’s leading Chef Training Providers called Hospitality Trainers and Associates.

16 Mar 2008

The honeymoon over our natural resources that the developed countries have been allowed to enjoy for the past many years is evidently grinding to a halt, thanks to the beneficiation process the government is currently rolling out, says the Minister of Minerals, Energy and Water Resources, Ponatshego Kedikilwe.

16 Mar 2008

The domestic bourse – the Botswana Stock Exchange (BSE) – revealed this week that efforts of widening and deepening the exchange are at an advanced stage. The BSE is looking forward to doing that by diversifying its product offering through the introduction of Exchange Traded Funds (ETFs).

16 Mar 2008

Stanbic Bank of Botswana has been named as the preferred financial partner for the finding of the initial expansion project which is over P 123 million .

16 Mar 2008

Botswana is to add to its strong position of being the largest diamond producing country to a multi-faceted, sorting, marketing, aggregating, cutting and manufacturing country starting from Tuesday this week.

The new move will break the 350 years of London’s dominance on the aggregation, distribution and marketing of diamonds across the world.

10 Mar 2008

Junior Chamber International Botswana is looking to acknowledge young people who have shown outstanding performance and attributes through the JCI Botswana Outstanding Young Persons Program 2008.

10 Mar 2008

Continuing to sensitize the nation about the energy saving bulbs, the Minister of Minerals, Energy and Water Resources, Ponatsego Kedikilwe, last week appealed to Batswana to switch from incandescent bulbs to Compact Fluorescent Light bulbs (CFLs) in order to reduce their energy bills.

10 Mar 2008

Beneficiaries of the Orapa and Letlhakane Mines’ Corporate and Social Investment programme have hailed the initiative as a source of empowerment and sustainable community development.

10 Mar 2008

BizCapital, the local financial institution, is shoring up its image in the local market as it is embarking on a brand-positioning strategy that includes a fresh service level approach dubbed bridge financing as well as a new logo and new corporate colours.

10 Mar 2008

Diamonex Limited, the tri-listed junior miner, has issued a locally listed convertible bond. The company issued the BWP 50 000 000 convertible bond in the local Botswana capital market on 3 September, 2007.

10 Mar 2008

Martin Davies, a renowned expert on Africa-China relations, warned investors in Botswana to prepare Chinese sovereign wealth funds (SWF) which are chasing some investment opportunities across the African continent.

Speaking at a Stanbic Bank breakfast last week, Davies said China is using its sovereign wealth funds to assert its strategic interests.

10 Mar 2008

Peter Mandelson, the European Union trade commissioner, has urged the Southern African Development Community (SADC) member states to double their efforts in a bid to get a full Economic Partnership Agreement by the end of the year.

10 Mar 2008

MRI, the medical and emergency services outfit which is struggling to recover from losses, has come under a spate of take-over bids from a group of suitors that include one of the giant medical aid schemes.

Pages