Business
09-05-2013 - Oliver Modise
The root causes of Botswana’s education crisis are easy to tell. That at least is how Edward Tswaipe sees things. Too much emphasis on infrastructural development and a damning neglect in developing a human resource base have led to the sector’s present state of terminal decline.
“We have a problem with the quality of education,” says Tswaipe. “That problem is that Botswana’s approach on development...

09-05-2013 - The Telegraph Reporter
The Botswana Confederation of Commerce and Industry and Manpower (BOCCIM) has revealed that the request for certified documents weighs down on the business community.
This revelation was made by the President of BOCCIM, Alex Monchusi, at the opening of the annual Hospitality and Tourism Association of Botswana (HATAB) conference in Kasane on Saturday.
“Every year tour operators have to compile...

05-05-2013 - Joseph Balise
Barclays Bank of Botswana Limited, the second biggest commercial bank by market capitalisation on the Botswana Stock Exchange (BSE), will, with effect from May 13, slap its customers with an interest rate hike on unsecured loans.
The hardest to feel the wrath of the increase will be low income earners whose Barclay Loans will increase by 1.5 percent to 22 percent from the previous 20.5 percent. Prestige...

05-05-2013 - Kabelo Seitshiro
The Botswana Insurance Fund Management (Bifm) has expanded its product portfolio with the introduction of Unit Trusts as part of dedication towards making investments available to all Batswana through affordability and convenience.
Unit trusts afford retail investors the opportunity to pool their money together with other investors with similar objectives. Also the pool of money is managed by experienced...

05-05-2013 - Sunday Standard Reporter
Botswana Diamonds plc (AIM:BOD) has revealed that further to its announcement of 5 February 2013, the Memorandum of Understanding with the private South African company, which granted Botswana Diamonds a three month exclusivity period to review the available data on a licence area, has been extended until 14 June 2013. The counterparty holds an 85 per cent interest in the thirteen licence block located...

05-05-2013 - Ngonidzashe Dzimiri
Botswana’s Creative Industries have ventured into regional collaborations with Zimbabwe, Namibia and Mozambique to fully benefit in regional trade and training.
The regional exchange partnership is between the Creative Industries of Botswana, Intwasa Arts Festival in Zimbabwe, The Peace Collection in Namibia and Cedarte of Mozambique.
Through the ZI-BO-NA-MO! (Zimbabwe,Botswana,Namibia,Mozambique)...

05-05-2013 - Sunday Standard Reporter
Debswana Jwaneng mine this week kick-started the first instalment of the 2013 Jwaneng Premier Safety, Health & Environment League (JPSL) Awards, an initiative of the mine.
The launch was held at the Jwaneng Showgrounds, with several participants of JPSL, the mine staff and contractors, recognised and awarded for their dedication and adherence to a culture of zero harm as punted by the mine’s Safety,...

05-05-2013 - Edgar Tsimane
A total of ten power projects in the Southern African Development Community (SADC) are expected to generate just under 2 000 Mega Watt of combined power to meet regional power demands this year.
At least two projects, the Botswana Power Corporation’s Morupule B coal plant, whose commissioning is currently suffering delays, expected to generate 600 MW power and Zambia’s Ndola Energy 50 MW of heavy...

05-05-2013 - Kabelo Seitshiro
The Botswana Innovation Hub (BIH) has established First Steps Venture Centre (FSVC), a technology entrepreneurship development programme to support entrepreneurship and innovation through technology transfer.
FSVC identifies, develops and nurtures viable technology oriented start-up businesses with a potential to grow locally and into international markets.
In an interview with The Sunday Standard,...

05-05-2013 - Sunday Standard Reporter
In a move meant to support the fragile economic recovery, Botswana’s Central Bank has reduced the cost of borrowing to help businesses struggling from effects of global recession.
Bank of Botswana earlier this week said it has cut its Bank Rate by half a percentage point from 9.5 percent to 9 percent in a bid to stimulate the economy.
The bank, headed by Linah Mohohlo, noted that the current state...

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