The newly set up, Special Economic Zones Authority (SEZA) has defended the government’s decision to exclude some of the country’s top tourism destination from “Special Economic Zones” the list for now.
In 2015 the local press, both public and private reported on exemptions and reservations on youth business, which cabinet endorsed following a presentation by the minister responsible for youth, Thapelo Olopeng.
Local retailer Choppies Limited continues to be under pressure following weeks of negative publicity and subsequent failure to release financial results within the stipulated time.
The Southern African countries contribute the biggest portion of inbound visitors to Botswana, usually arriving by road, to conduct business, with some visiting friends and family.
Since 1978, under the leadership of the Communist Party of China, the Chinese people have been forging ahead with perseverance and determination and enormously transformed the East Asian country.
While there has been so much talk on the imminent diamonds sales agreement between the Botswana government and De Beers Mining Company in the business corridors, there is less information to share at this stage.
The Botswana government, while admitting that the talks are due, has said that nothing official and concrete is on the table yet.
The North West District Council has reported that to date, Botswana Meat Commission (BMC) has slaughtered 6,349 animals compared to 10,990 animals in the same period last year.
Seed Co International Group is expected to be another addition to the list of companies that trades their shares at the Botswana Stock Exchange (BSE.
The Independence week is once again upon us. This is a period where politicians – more especially those of the ruling party often overstate their achievements and make Batswana believe that even though they are landless, moneyless and jobless, they are much better off than they were in 1966.
A summary of the performance of the Net Financial Position (NFP) of Botswana as reflected in the latest Budget Strategy Paper has painted a worrisome image about the country’s fiscal sustainability.
MAUN – The Botswana National Youth Council’s subsidiary - Sechaba Youth Agricultural Enterprises will for the next four years benefit from United Nations Development Programme (UNDP) through an incubation and innovation project.
The information was unveiled at the commencement of a three day strategy workshop in Maun by the UNDP Project Manager Christopher Batsalelwang.
While she could not be drawn into discussing the outcome of the just ended Southern African Customs Union (SACU) Ministerial meeting, Botswana’s Trade and Investment Minister has said that the country, “remain committed to the SACU agenda, regional integration and development agenda rooted in fairness and win-win for all parties involved”.
Amongst the things he had to do – as he kick started his first year of the five years at a new job, Smit Crouse - Letshego Holding’s new Managing Director had to sign a new lease agreement for the company.
The agreement, for the extension of occupation of the company’s head office in the city centre signals the group’s commitment to remain in Botswana soil, Crouse said.
Botswana’s economy, largely dependent on diamonds, is expected to slow down in response to downward revision of minerals revenue as Debswana embarks on major projects. However, the deficit could be wider than expected given developments in India.
Afinitas posted growing revenues but the pan African investment holdings company continues to grapple with the costs associated with expansion.
Just under six months into office, the government of President Mokgweetsi Masisi has been greeted by a less-than-sanguine picture of underlying economic conditions. The economic-stress however started during the era of Masisi’s predecessor – Ian Khama.
Despite making marked advances as business owners, women entrepreneurs across the globe are still facing hurdles, the MasterCard Index of Women Entrepreneurship (MIWE) 2018 report has said.
The report states that there are some deeply surrounded factors such as gender inequality that are limiting women-preneur’s ability to start or grow their business.
While Botswana was this month plunged in a publicity nightmare following false reports of mass elephant poaching - there has been a silver lining in the form of good publicity that places Botswana as the still go to area for spectacular safari experiences.
Due to improved global demand, it is expected that Botswana’s non-mining output will increase in 2018 and 2019. The central bank through its Monetary Policy Report (August 2018) has identified atleast eight sub-sectors of the economy that are expected to be drivers of Botswana’s non-mining sector during the 2018/9 fiscal year.
The last sitting of parliament was marked by flurry of Bills, with some moved as matter of urgency, irking some members of parliament as to why the Bills were being rushed without intense debate. As it turns out, it was all done in good faith as Botswana is not compliant with the Financial Action Task Force (FATF) recommendations on Anti Money Laundering and terrorism financing.