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23 Sep 2018

The Wilderness Holdings Limited shareholders have snubbed prominent local attorney - Parks Tafa.

Tafa is said to have submitted his name for re-election to the board of the BSE and JSE quoted tourism outfit at its Annual General Meeting held in the capital Gaborone recently.

23 Sep 2018

Minergy Limited has no plans to distribute dividends to its shareholders until the Company is profitable and able to generate the required free cash flow.

The Company’s latest release of financial results for the year ended 30th June 2018, that no dividends have been distributed to date as cash is utilized to ensure operations are in place.

23 Sep 2018

Botswana’s foreign reserves have dwindled yet again from P74.7billion in June 2017 to P74.3billion in June 2018.

Bank of Botswana’s Monetary Policy report which is the source of the current statistics attributed this 0.5 percent decrease to foreign exchange outflows.

23 Sep 2018

An evidently excited Chief Executive Officer of Forest Conservation Botswana revealed that his company has grown, continues to grow and has funded positive government’s developments like Strategic Environment Assessments (SEA) for the Chobe District.

23 Sep 2018

Shareholders of Debswana Mining Company – the Botswana government and De Beers Mining Company are expected to “forfeit” their shares of profit to fund two key projects - Jwaneng Cut 9 and Orapa Cut 3.

While it is not yet clear how much each shareholder will pay towards the two projects, the Botswana government has hinted on an amount just over P4 billion.

23 Sep 2018

The Domestic Companies Index (DCI) declined by a further 9.1 percent in the second quarter of 2018, continuing the downward trend that started in the third quarter of 2017.

23 Sep 2018

The country's sole colliery, Morupule Coal Mine will not be able to take advantage of the shortage of coal in neighbouring South Africa, the company’s Chief Public and Corporate Affairs Officer Boineelo Seitshiro has said.

23 Sep 2018

Choppies Enterprises Limited, the leading native grocer, with listings on the Botswana Stock Exchange and Johannesburg Stock Exchange, says the publication of the financial results for the year ended 30 June 2018 will be delayed. The company also warned its shareholders to expect lower profits.

23 Sep 2018

At a time when we are being told that the big brother down South is still bull-dozing other members of the Southern African Customs Union (SACU), we ought to ask ourselves a few questions that include on how we intend to turn the tables as citizens and consumers in Botswana.

17 Sep 2018

Since the discovery of diamonds Botswana maintained strong economic growth in excess of eight percent per annum. The only other country recorded as having enjoyed a rapid economic growth over such a long period is said to be none other than Botswana’s newest economic buddy – China.

17 Sep 2018

The government of Botswana is said to be working around the clock and behind the scenes to set up an economic development board that will be similar to the one that was set up by Mauritius a few years back.

17 Sep 2018

FRANCISTOWN – The President, Mokgweetsi Masisi last Monday told the business community gathered here that he will not “fire” ministers who recently contested and lost during the ruling Botswana Democratic Party (BDP) primary elections – Bulela Ditswe.

17 Sep 2018

In a scene reminiscent of action packed thriller movie, Botswana’s security apparatus on Tuesday descended on Botho University and arrested one of the school’s top executives.

17 Sep 2018

On the occasion that marked the announcement of what should by now have radically changed the shape of home ownership in our country, the Government said that one of the functions of SIHA (Single Housing Authority), mandated to the Botswana Housing Corporation in 2012 will be the provision of ‘affordable’ and ‘adequate’ housing for all income categories.

17 Sep 2018

Botswana, along with Mozambique and other SACU members, are currently holding talks with the United Kingdom (UK) to agree on a trade arrangements post the exit of UK from the European Union block, Permanent Secretary at Trade Ministry – Peggy Serame has said.

17 Sep 2018

There are fears that the recent reports about more than 80 elephants allegedly killed by poachers have the potential to affect the number of tourists that visit Botswana’s tourism destinations.

17 Sep 2018

The Choppies group, Botswana’s leading mass grocery retailer and emerging regional player in the fast moving consumer goods is going through a mammoth task to appease and retain its investors from both fronts in the local bourse and the Johannesburg Stock Exchange.

17 Sep 2018

Botswana has not been able to take advantage of its highest credit ratings by leading agencies, the Chief Executive Officer at the Botswana Stock Exchange (BSE) – Thapelo Tsheole has said.

17 Sep 2018

Elsewhere, startups are beginning to move in on the territory of insurance giants, who are themselves beginning to change their service models.

While in Botswana things are still moving slow, in the global space Insurtech has already started to force the insurance industry to step up its game in terms of customer service and offerings.

17 Sep 2018

The De Beers Group which has a had a tight grip on the diamond industry for over a decade says its future growth will be largely driven by Millennials and generation Z, the diamond miner revealed this week through its latest insight report.

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