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29 Jan 2019

BY BONNIE MODIAKGOTLA

President Mokgweetsi Masisi says his administration is committed to diversifying the economy despite being in the shadow of an economic powerhouse dismissing talks that Botswana could find itself trapped in debt by China.

Masisi made his views known to different media outlets when attending the week long World Economic Forum at Davos.

29 Jan 2019

BY KABELO SEITSHIRO

Cresta Marakanelo Limited (CML) seeks shareholders approval to buy multi-million Pula rented properties from the Botswana Hotel Development Corporation (BHDC) - a subsidiary of the Botswana Development Corporation Limited (BDC) and Letlole la Rona Limited (LLR).

29 Jan 2019

BY KABELO SEITSHIRO

Suddenly after alighting from the driver’s seat at an organization she led for eight years, the outgoing Public Procurement and Asset Disposal Board (PPADB) executive chairperson has beef with skewed government tendering processes.

29 Jan 2019

BY BONNIE MODIAKGOTLA

A combination of cost savings, extraction of efficiencies from existing businesses, and improvement in consumer spending and sentiment are some of the reasons cited by Sefalana Group after it delivered an impressive set of half year financials.

29 Jan 2019

BY ARNOLD LETSHOLO

The sleepy town of Selibe-Phikwe, under-going rigorous   economic resuscitation, will come alive next month after being selected host for this year’s World Wetlands Day (WWD).

29 Jan 2019

BY CEDRIC SWANKA

The Motor Vehicle Accident Fund (MVA) says it is concerned by escalating costs incurred due to road related accidents running into millions of pula.

29 Jan 2019

BY PORTIA NKANI

The Canadian based Lucara diamond mine, which owns and operates the Karowe diamond mine, is to evaluate various mining scenarios that have the potential enable it access to valuable ore as it ventures into underground mining this year.

29 Jan 2019

BY BONNIE MODIAKGOTLA

De Beers, the leading diamond producer by value, had a good run in 2018 meeting its production targets, but the miner warns that production this year will decrease.

This was revealed by De Beers’ parent company Anglo American in its fourth quarter production report.

29 Jan 2019

BY CALISTUS BOSALETSWE

The Botswana Meat Commission (BMC) has denied the shutdown of its Francistown abattoir plant has a bearing on elements of criminality.

Hundreds of employees were left in a limbo at the Francistown BMC deport after the Commission took a decision to shut down the plant for three years.

29 Jan 2019

BY BONNIE MODIAKGOTA

Rough diamond prices may possibly surge in the next two decades as the number of mines is expected to plummet strangling supply and rising demand for the limited commodity - a leading diamond industry analyst and consultant predicts.

21 Jan 2019

By Bonnie Modiakgotla

Botswana’s leading grocer, Choppies Enterprises, has been caught in the ongoing protests in Zimbabwe as some of its supermarkets have been looted and vandalized.

Once the food basket of Southern Africa, Zimbabwe has been trapped in an economic crisis, stretching from early 2000.

21 Jan 2019

By Bonnie Modiakgotla

The Botswana Stock Exchange’s benchmark index, the Domestic Company Index (DCI) which has battered since 2015 could get a nudge up this year as the recently demutualized company introduces a raft of initiatives to grow the stock market, while also stimulating citizen participation.

21 Jan 2019

By Patience Radisoeng

As hawkers continuously face many difficulties such as working on bad weather, being on the run due to constant harassment, and seizure of goods by councils, Botswana Telecommunications Corporation Limited (BTCL) saw it fit to do a competition for them to reap something and make their businesses grow.

21 Jan 2019

By Portia Nkani

The global economy faces a number of complex challenges from technological change and globalization, and the lingering effects of the 2008-9 financial crisis.

21 Jan 2019

By Kabelo Seitshiro

The discovery of a rare super exceptional 41 carat blue diamond discovered at the Debswana Orapa Diamond Mine towards the of 2018 remains shrouded in secrecy.

Government has remained tight lipped on the sale of the precious stone estimated to be worth over $200 million (About P2 billion).

21 Jan 2019

By Bonnie Modiakgotla

Inflation dropped in December following government intervention not to increase fuel prices.

Latest figures from Statistics Botswana show that inflation rate for December was 3.5 percent, shedding 0.3 percent from the November rate of 3.8 percent which had spiked following an increase in fuel prices.

21 Jan 2019

By Cedric Swanka

In a surprising twist of events the financial inclusion micro-lender, also a home grown entity, Letshego Group called off its application for banking license with Bank of Botswana (BoB)recently.

21 Jan 2019

By Calistus Bosaletswe

Avitourism or avian tourism, which focuses on and highlights local birding opportunities, is faced with a major threat as migratory bird sites for flamingos in southern Africa are highly polluted areas.

21 Jan 2019

By Arnold Letsholo

A local Non-governmental Organization (NGO), Green Energy and Sustainability Association (GESA) is considering importing a water heating technology.

To date only Morocco and Kenya have adopted the technology in the whole of the African continent.

21 Jan 2019

Indigenous Batswana on Friday called on government to eradicate monopolies and oligarchs in the local petroleum industry.

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