RSS Feed

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.

01 Sep 2006

The 14 member states of the Southern African Development Community (SADC) are due to leap at their future challenges at the upcoming River Basin Organization (RBO) workshop to try to avoid future inter- state conflicts as they look forward to developmental issues.

01 Sep 2006

An Australian Stock Exchange listed mining prospecting outfit, A- Cap Resource Ltd, is to join the BSE this week in a bid to expand its operations in the country, thanks to an upsurge in international commodity prices.

26 Aug 2006

Bank of Botswana governor, Linah Mohohlo, defiantly stuck to her guns of an annual inflation range at 4-7 percent amid the unstable global and domestic inflationary environment.

26 Aug 2006

Botswana national budget is likely to experience further stress in the next few years as more money goes towards building a P6 billion worth of new diamond treatment plants across a number of Debswana mines.

This was said by the Debswana Deputy Managing Director, Len Makwinja.

26 Aug 2006

The consumer price index (CPI) is expected to sage in the second part of the year while the mining sector is thought to bolster the economy of the country, analysts concurred last week.

26 Aug 2006

THE Gaborone-registered Imara financial services group announced last week that its Imara African Opportunities Fund has been registered by Botswana’s financial service regulators and can now be marketed to institutions and professional investors within Botswana.

26 Aug 2006

Furniture Mart, the titanic regional furniture shop listed on the Botswana Stock Exchange (BSE), pressed ahead with its planned growth strategy by opening its first mega shop, Home Corp in Gaborone last week.

The company, headed by one of the country’s wealthiest man, John Myhnard, pushed the number of it’s outlets within southern African region to close to 70.

26 Aug 2006

African Development Corporation (ABC), the African wholesale bank, is embarking on re-capitalisation process aimed at helping it to take advantage of the booming mining activities in the region.

The bank has recently entered into a US 20 million (P120 million) tri-transaction involving two other parties, African Development Bank and National Development Bank of Botswana.

26 Aug 2006

Stanbic Bank, the smallest retail bank in the country, rode on the back of the treasury department in its first six months to end June to score a pre tax profit of 27 percent or P 63 million.

26 Aug 2006

The Botswana Stock Exchange (BSE) is to take a giant leap into the future next month by inviting two Information Technology (IT) vendor companies to demonstrate their capability in designing and installing central depository system aimed at shoring-up the image of the exchange.

24 Aug 2006

Botswana national budget is likely to experience further stress in the next few years as more money goes towards building a P6 billion worth of new diamond treatment plants across a number of Debswana mines.

23 Aug 2006

African Banking Corporation, the pan-African wholesale bank’s Zimbabwe operations defied the hostile economic conditions as it aided the bank to achieved record results of 72 percent headline earnings in the first six month of the year.

23 Aug 2006

Barclays Bank of Botswana, the largest retail bank in the country raised competition stakes in the local market by announcing its intention to launch the retail direct sales initiative coupled with portable banking plans in an attempt to increase its foot-print across the country.

23 Aug 2006

In an attempt to explore investment opportunities in South Africa, First Sun Alliance tied the knot with South African-based KIH Group.

The two, together with BDO Spencer Steward, provide share administration, legal, accounting, company secretarial and marketing and sales function required to ensure the success of BPI, the brainchild of the engagement.

23 Aug 2006

Chobe Holdings, the tourism outfits listed on the Botswana stock Exchange (BSE), is planning expansion programmers into Africa in a bid to enhance shareholders' value at a time when most of the companies are looking up north Zambezi.

23 Aug 2006

The titanic Botswana Insurance Holdings’ operating profits lifted-up 23 percent in the first six months of the year leaving embedded value through the P 1 billion mark, the company said at its half year results Friday.

14 Aug 2006

Botswana has avoided the curse of most resource-abundant economies and maintained growth consistent with its resources, the International Monetary Fund (IMF) said on Tuesday.

14 Aug 2006

Letshego Legal Guard on Tuesday evening celebrated its growth and success in style, by officially opening their own refurbished bigger, better and spacious offices near the BTA offices.

Pages