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02 Sep 2018

August 31st marked Baum’s last day in office as EU’s ambassador to Botswana. Before coming to Botswana, Baum served in Malawi as an ambassador.

Asked about his highlights during his tenure by Sunday Standard, Baum indicated that one of the items that he remains unsatisfactory with is the Public Sector reforms, which he said it never did well.

02 Sep 2018

Forest Conservation Botswana (FCB), a non- profit making company mandated to manage the Tropical Forest Conservation Fund (TFCF) in Botswana, has applied for accreditation as Botswana’s National Implementing Entity (NIE), through which the funds from the Green Climate Fund (GCF) will be routed. 

02 Sep 2018

Zimbabwean rich and powerful Mphoko family has confirmed its intentions to disinvest from Choppies retail business in that country following a fall-out with Botswana shareholders amongst them Chief Executive Ramachandran Ottapathu.

02 Sep 2018

Much has been made of the depth of public disillusionment with current economic situation that the locals find themselves in.

02 Sep 2018

The Vice Chancellor of the Botswana International University for Science and Technology (BIUST), Professor Otlogetswe Totolo has identified inadequate funding as the main problem confronting the country’s second biggest state owned university.

02 Sep 2018

BBS limited is expected to start trading its shares at the Botswana Stock Exchange’s platform known as Serala in the coming weeks. Serala trading platform is a special BSE counter for unlisted equities such as BBS Limited. The former society – BBS aims to ultimately list its shares on BSE’s main board.

27 Aug 2018

This past week, the current minister responsible for Minerals, Eric Molale told a group of journalists in the capital Gaborone that the government is looking at, “re-opening Phikwe” but has no intentions to hold a stake in the new operation.

27 Aug 2018

A renowned commercial farmer based in South Africa Peter Quelly has said that a robust agriculture sector in Botswana could be the major job creator in Botswana.

27 Aug 2018

In a sign that Botswana is climbing down on its earlier official position not to accept soft loans from the Chinese Government, the government this week agreed to sign an agreement on free interest soft loans from the latter.

27 Aug 2018

Liquidity in the Botswana Stock Exchange is expected to improve in the not so distant future after the regulator approved the local bourse’s rules regulating market makers.

27 Aug 2018

South African Express Airway has announced that on the 27th August they will be resuming their operations on the Gaborone Johannesburg route after a two months interruption from Botswana’s airspace.

This follows a reinstatement of both airline’s Air Operator Certificate (AOC) and Aircraft Maintenance Organization (AMO) licenses by the South African Civil Aviation Authority (SACAA).

27 Aug 2018

Bijie, China - Presidential affairs Minister, Nonofo Molefhi, came to the conclusion that Botswana’s poverty reduction efforts have fallen short of their objective following his participation in the 2018 China-Africa Poverty reduction and development benchmarking exercise in Bijie, China.

27 Aug 2018

The Motor Vehicle Accident (MVA) Fund is currently reinvigorating itself as it reels through a number of challenges that it went through over years.

As part of its efforts to revive itself, the Fund is said to have launched a fourth strategic plan known as “Kgogamasigo”.

27 Aug 2018

The Local Enterprise Authority (LEA) has continued with its effort to teach Batswana agricultural entrepreneurs to use modern-day, techniques that are commercially viable and can lead to national food sufficiency in horticultural products.

27 Aug 2018

The outgoing EU Ambassador to Botswana, Alexander Baum has advised Botswana to be more tactical in its dealings with fellow African states as well as the outside world.

Baum, who has been based in the capital Gaborone over the past four years, says it is important for Botswana to have credibility in the continent.

27 Aug 2018

There is a narrative that likens banks to a person who offers you an umbrella when you do not need but then takes it away from you when you really need. Lending money is one of the oldest revenue models for banks, but the old tradition has its own risks.

27 Aug 2018

Batswana are warming towards cashless society as evidenced by the growing number of electronic transactions. However hard cash remains king for a society that has been burning through credit while keeping lower savings.

27 Aug 2018

Standard Chartered Bank Botswana (SCBB) has overturned its loss-making position recording a profit before tax of P28 million for the half year period that ended June 2018. In 2017, during the same period, the bank recorded a loan impairment induced loss of P66 million.

27 Aug 2018

The global mining industry calls the process “beneficiation.” This is a deliberate effort to build an additional market around the mining sector so that citizens of producer countries like Botswana can make money, not just from the sale of rough diamonds, but also from their cutting and polishing.

23 Aug 2018

At the ongoing 49th Commonwealth Parliamentary Association Africa Region Conference, member states were strongly urged to attend to issues of human trafficking and modern day slavery urgently. The conference is held in Gaborone from August 13th to 23rd.

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