Business
12-05-2013 - Ngonidzashe Dzimiri
Air Botswana board chairman, Nigel Dixon-Warren, has said the airline is in need of technical expertise to have it up and running as per international standards.
The airline has been saddled with substandard services, year after year losses, delayed flights, amongst other challenges.
“We have seen it needful to outsource management consultant because we don’t have the expertise needed,” said Dixon-Warren....

12-05-2013 - Kabelo Seitshiro
The Minister of Trade and Industry, Dorcas Makgato-Malesu, has expressed satisfaction regarding the merger of the former Botswana International Financial Services Centre (IFSC) and the Botswana Export Development and Investment Authority (BEDIA) through their operations and initiatives, which significantly contributed to Botswana’s economic growth, through attraction of Foreign Direct Investment (FDI).
She...

12-05-2013 - Sunday Standard Reporter
New research from the Grant Thornton International Business Report (IBR) indicates that businesses in mature economies are betting on future growth, finally releasing their cash reserves and beginning to invest again. This comes as global business optimism, spurred on by improving order books, is up to its highest level since early 2011. The investment mood change is welcome evidence of businesses...

12-05-2013 - Morula Morula
Maun Botswana Meat Commission has since the beginning of this year slaughtered 800 cattle for domestic market, mainly in Gaborone, and cannery.
This was disclosed by BMC Public Relations Manager, Tiro Kganela who added that the abattoir had already reached its target of slaughtering 80 cattle per day and at times killed around five more than their target.
Kganela said that at times the abattoir...

12-05-2013 - Ngonidzashe Dzimiri
The Governor of Bank of Botswana, Linah Mohohlo, has emphasized the need for an inclusive approach, in particular including women in all aspects that lead to economic growth in the African continent.
Mohohlo was speaking at the World Economic Forum for Africa 2013, looking at the trends that well inform Africa economic growth of the continent in the next twelve months.
“Include women in all aspects...

12-05-2013 - Kabelo Seitshiro
Standard Chartered Bank Botswana (SCBB) has managed to maintain sustainable and consistent financial growth despite the current global economic conditions.
SCBB financial results for the year ended 31 December 2012 revealed an increase of 13 percent of net interest income from P511.4 million to P577.3 million driven largely by growth in loans and advances to customers, funded with less expensive deposits....

09-05-2013 - Ngonidzashe Dzimiri
With the whole world looking at Africa as an investment destination of choice in the next decades, Botswana has not been considered among growth powerhouses of the Global Economy by 2040.
This is according to Ernst & Young’s third Africa Attractiveness Survey, released on Monday. This year’s report reinforces the point that those already doing business in Africa are overwhelmingly confident about...

09-05-2013 - Obusitse Kologwe
Galane Gold Mine, the country’s sole gold producer, officially launched its new flag on Monday as a way of branding itself and making its presence felt in the country.
Addressing the participants during the launch of the flag, the Managing Director of Galane Gold Mine, Lawrence Munjengwa, said that the flag symbolizes the mine’s pride and also marks the new era of gold mining in the country.
“The...

09-05-2013 - Edgar Tsimane
The Botswana Innovation Hub (BIH) seeks to utilise cloud computing in the near future to provide services to its start-up companies and willing tenants.
Cloud computing hosts content or applications in a central place for use by anyone around the globe.
“Cloud computing is very good technology, which has been around for a while, for example, Hotmail e-mail services is a cloud email service but cloud...

09-05-2013 - Kabelo Seitshiro
Botswana is considered to be among the first African countries to subscribe to Special Data Dissemination Standards (SDDS) from the support of International Monetary Fund (IMF).
IMF has provided consistent, structured and valuable support with the project now in its third stage after collaborating with the World Bank and with financial backing from the United Kingdom’s department for International...

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