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08 May 2019

BY BONNIE MODIAKGOTLA

The Botswana Development Corporation is getting a huge capital injection after the African Development Bank Group (AfDB) approved a line of credit to the state-owned investment entity, AfDB announced recently.

29 Apr 2019

BY KABELO SEITSHIRO

The Diamond Trading Company Botswana (DTC Botswana) Managing Director (MD) Tabake Kobedi has reportedly tendered his resignation from the company.

29 Apr 2019

BY BONNIE MODIAKGOTLA

The country’s biggest pension fund, Botswana Public Officers Pension Fund (BPOPF), has upped its stake in the stock exchange listed Tlou Energy Limited, following a round of equity placement, the company announced last week.

29 Apr 2019

BY BONNIE MODIAKGOTLA

As Botswana braces for the general elections coming later this year, the country’s main opposition party, the Umbrella for Democratic Change (UDC), has proposed a P3, 000 minimum wage, thrusting the spotlight on the ongoing and highly contentious national debate about workers’ wages.

29 Apr 2019

BY VICTOR BAATWENG

SHENZHEN, CHINA - More than 680 industry and financial analysts, key opinion leaders, and media representatives from across a range of industries, including telecoms, Internet, and finance recently joined Chinese vendor - Huawei here for its annual Global Analyst Summit.

29 Apr 2019

BY PATIENCE RADISOENG

KASANE - Even though local communities of the tourism-rich district of Chobe are eager to strengthen their participation in the sector, not all players are willing to take them in.

29 Apr 2019

The Chief Executive Officer of Special Economic Zones Authority (SEZA) Thatayaone Ndzinge is adamant that while Francistown is experiencing some economic challenges, not all is lost for the second city.

Francistown is reeling through economic challenges following the closure of mines in its vicinity. The adversity has lead to increased unemployment, crime and poverty.

22 Apr 2019

BY KABELO SEITSHIRO

The Okavango Diamond Company (ODC) is undecided on which model to use to sell the mult-imillion Pula polished diamond named ‘The Okavango Blue’ discovered at the Debswana Diamond Company Orapa mine last year.

22 Apr 2019

BY BONNIE MODIAKGOTLA

Botswana’s is only part of three countries in Africa that have been placed in the stable category in the Fund For Peace’s 2019 Fragile States Index, according to the report released last week.

22 Apr 2019

BY BONNIE MODIAKGOTLA

The South African financial services behemoth, Liberty Holdings Limited, will be disposing of its asset management subsidiary in Botswana as part of the group’s wide exit of operations.

22 Apr 2019

BY BONNIE MODIAKGOTLA

The International Monetary Fund (IMF) expects Botswana’s growth to surpass the average Sub Saharan pace, with the diamond rich country expected to grow also in 2020.

22 Apr 2019

BY KABELO SEITSHIRO

Upon his arrival from his Qatar visit last week, where he courted business to invest in Botswana, President Dr. Mokgweetsi Masisi has said his administration is ready to emerge from being grey listed in France.

22 Apr 2019

BY PORTIA NKANI

The Minister for Presidential Affairs, Governance and Public Administration, Nonofo Molefi has revealed that the development of three clusters has already taken off to help with the much needed sophistication of businesses.

15 Apr 2019

BY KABELO SEITSHIRO

A prominent undertaker - Mike Nikolic is reportedly at the centre of police investigations in a case in which a local funeral parlour – FSG Limited has mysteriously lost over P18 million.

15 Apr 2019

BY BONNIE MODIAKGOTLA

De Beers is recovering from the previous two rough diamond sales slump, igniting hopes that the diamond-mining giant is back to sparkling fortunes on the back of improvements in the midstream, as the company had hoped.

15 Apr 2019

BY CALISTUS BOSALETSWE

The ground-breaking of Norsad Finance’s new head office in Botswana has been hailed as move that demonstrate long commitment to investment in the country.

15 Apr 2019

BY PORTIA NKANI

It’s yet another miss for a draft of the country’s mineral policy after Parliament went for recess on Friday with no sign of it finding its way into the order paper. The parliamentary order paper dictates the precedence of bills, motions and any other business of the house discussed during a given sitting.

15 Apr 2019

BY CEDRIC SWANKA

While specialised researchers, Digital TV research projects that African “Over The Top” content revenues will reach US$1billion by 2024,  Parliament has this past week learnt that Government has no active platforms for expanding the viewership, distribution and revenue generation of locally produced creative content through the digital divide.

15 Apr 2019

BY PORTIA NKANI

Baclays Bank Botswana economist - Naledi Madala has once gain expressed concern about the country’s high recurrent expenditure.

Despite the level of the recurrent expenditure, Madala says the government’s development spending has lagged on it’s a target which she said is a concern.

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