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20 Aug 2018

MALWELWE: Members of the Letlhabile Development Trust in Malwelwe village, who earlier this year spent a week training at National Food Technology Research Center (NFTRC) in Kanye remain idle as there is no plot of land where the group can show case what they learnt.

The team has been trained on food handling, processing and marketing.

20 Aug 2018

Botswana’s wholly owned diamond trading company, Okavango Diamond Company, has reported a 16 percent drop in diamond sales in the first half of the year, signalling that the company will likely record another drop in sales as the diamond industry descends to seasonal slowdown.

20 Aug 2018

As more property developments continues to emerge particularly at the Central Business District (CBD) of the capital Gaborone and in other urban and peri-urban centres like Francistown and Palapye local property outfits are now considering development of mixed use outlets.

12 Aug 2018

Technological advancement in the financial world, over the last two decades, has significantly increased competition among stock exchanges globally and this competition has pressured many exchanges to adopt business models, which have greatly improved their efficiencies and effectiveness.

12 Aug 2018

Sechaba Brewery Holdings is set to reduce its stake in its money spinning subsidiary in a proposed share repurchase.

12 Aug 2018

Botswana’s premium brewer, Sechaba is expecting nothing but a rock bottom profits for its half year business financials for the period ended 30th June 2018.

On Friday, the brewer announced to its shareholders that the profit after tax for the period ended 30 June 2018 will be lower than that of the comparative previous period.

12 Aug 2018

The Minister of Transport and Communications, Kitso Mokaila has admitted that poor coordination between government and Francistown City Council (FCC) in the planning of road infrastructure in Francistown failed to address the ever increasing congestion in the city.

The situation is made worse by the second city’s overwhelmed Bus Rank which encompasses taxis, combis and buses. 

12 Aug 2018

The improvement of the macroeconomics environment is expected to boost the recovery of the information communications technology sector expenditure both from the government and the business side.

The June 2018 Consumer Price Index have shown that communication index group moved from 101.4 to 92.0, registering a drop of 9.2 percent between May and June.

12 Aug 2018

Barclays Bank of Botswana is committed to introducing new solutions and platforms to add value to its consumers.  With the launch of Dynamic Currency Conversion (DCC), foreign travelers will be able to pay for goods and services at Merchant outlets in Botswana with their Visa or MasterCard in their home currency.

12 Aug 2018

Botswana’s has recorded another trade surplus during the second quarter as demand for diamonds remains strong. This information is contained in the latest International Merchandise Trade Statistics for May released by Statistics Botswana.

12 Aug 2018

The embrace of personalized goods in attire is taking a variety of forms. This is an experiment in the idea of mass customization, in which clothes are made for an individual’s preferences or sizes.

It is a departure from the model of selling standardized, mass-produced goods that has dominated retailing for more than a century.

12 Aug 2018

With growing competition and diminishing voice revenues, Botswana’s telecom firms could increasingly turn to the data market segment to stay competitive and profitable. The trend has been set globally and seems to be slowly but surely catching up with the local telecoms industry.

12 Aug 2018

This week as reported in one of the stories carried in this edition marks a turning point in the history of the Botswana Stock Exchange or BSE.

The local bourse joined other global markets by transforming from a mutual exchange to a company fully incorporated under and in terms of the companies Act.

12 Aug 2018

Since September 2017, it has always been clear what the two big elephants in the room are tussling over. The court papers show that at the centre of controversy is Section 90 of the BOCRA Act which requires all licensed service providers to submit their intended tariffs to the regulator for approval.

12 Aug 2018

President Mokgweetsi Masisi has revealed that government is working around the clock to fix the challenges that Botswana Meat Commission (BMC) is facing for the benefit of the local farmers.

10 Aug 2018

Once seen as recession-proof, the funeral industry is in a death spiral—except for owners willing to adapt to new technologies.

In Botswana, industry leaders such as FSG - commonly known as Lyn’s Funeral Parlour or Kagiso Funeral Parlour are also faced with similar challenges of “less deaths”.

10 Aug 2018

Despite tougher trading conditions in the domestic market, atleast three market leaders in the banking sector are anticipating higher profits in the incoming “reporting season”.

10 Aug 2018

Absa Group, formerly Barclays Africa is currently reviewing the ownership programme, following the downsizing of the shareholding by Barclays PLC from the Group which is also currently undergoing rebranding across the Africa continent.

10 Aug 2018

Botswana Public Officers Pension Fund (BPOPF) says after tumultuous months of bad public image due to strained relations with service providers, it will be engaging them to manage expectations, while also warning against those who see the fund as a potential cash cow.

10 Aug 2018

De Beers’ provisionally sale of rough diamonds in its latest sales cycle is down 9 percent, a decline that was widely expected due to slowdown in seasonal slowdown rather than structural change to demand.

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