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25 Jun 2017

I am at that place in my life where I’m defined by the people I’ve lost, like one of those negative-space pictures, where what’s not there is just as important as what is.

25 Jun 2017

Botswana is believed to be spending outside the country’s budget in a secretive deal to procure Gripen Jets from Swedish company SAAB.

25 Jun 2017

Challenged by a Swedish journalist on whether the money that Botswana plans to spend to buy fighter jets from her country couldn’t be better spent used on more pressing social developmental needs, President Lieutenant General Ian Khama sought to demonstrate how transparent the whole procurement process is.

25 Jun 2017

Botswana Defence Force (BDF)’s military expenditure is expected to swell following fresh revelations that Botswana has added another list of military acquisitions to its already huge military expenditure.  

25 Jun 2017

Botswana beef could be banned from the lucrative European Union market again - two independent veterinary bodies have warned.

The Botswana Veterinary Surgeons Council and the Botswana Veterinary Association have raised a red flag against amendments to the Medicine and Related Substance Act of 2013 which they argue is inconsistence with international standards.

25 Jun 2017

Officially, a directive from the Ministry of Health and Wellness that disqualifies some citizens for the government’s subsidized health care has been withdrawn. However, that has not deterred the Botswana Congress Party (BCP) from pressing ahead with a High Court case that is based on such directive.

25 Jun 2017

A Gaborone City Council member, Sergeant Kgosietsile, used his turn on the floor during a full council meeting to agitate for the release of the passport of the Sunday Standard editor, Outsa Mokone.

25 Jun 2017

At least to our knowledge and that of police sources, this is a new scam and it targets Zimbabweans working at construction sites in Gaborone and surrounding areas.

25 Jun 2017

The Botswana government has up to 13 July 2017 to accept or reject a new and final “offer to purchase” of the BCL mine by the Emirates Investment House (EIH), a confidential letter addressed to the government, through the minister of Minerals Resources, Green Technology and Energy Security, Sadique Kebonang shows. 

25 Jun 2017

Rating agency Moody's has assigned first-time Baa2/Prime-2 issuer ratings to Botswana Development Corporation (BDC), with a stable outlook on the Baa2 long-term ratings.

The ratings outlook is stable. This is the first time that Moody's assigned ratings to a parastatal in Botswana. 

25 Jun 2017

The Central Bank, Bank of Botswana (BoB) has confirmed the upcoming amendment of the current Banking Act which was enacted in 1995.

 Since then, new regulatory challenges have emerged due to developments in both domestic and global financial systems and regulatory environment. 

25 Jun 2017

BotswanaPost has recorded 17 percent growth in its revenue for the period that ended March 2016, the group’s latest annual report has shown. In March 2015, the group reported that its total income sat at P367 million but the figure has went up by 30 percent resulting in P477 million by March 2016. 

25 Jun 2017

As the nation and the African continent remember our former President, Sir Ketumile Masire (May His Soul Rest In Peace), it is only befitting that we revisit some of his contribution on nation building. In his book, “Very Brave or Very Foolish?”Sir Ketumile shares extensively on setting national priorities in relation to allocation of budget and by extension developmental planning. 

25 Jun 2017

The Botswana Unified Revenue Services (BURS) intends to collect P45 billion revenue returns by 2019. This was said by corporate planning and communications officer Gaitsiwe Motsewabagae in an interview last week. 

25 Jun 2017

Thabo Thamane, Chief Executive Officer of Citizen Entrepreneurial Development Agency (CEDA) was quick to make it known that in the past 15 years the agency has been in existence it has funded businesses to the tune of P4.5 billion but asked how much the agency has received in return; the response was open to more than one interpretation.

25 Jun 2017

The hunting ban imposed by the government t some few years back has come back to haunt the livelihoods of the affected communities, fresh economical data availed this week suggest. 

The consequences were recently fully explicated at the Kalahari Conservation Society’s Annual General Meeting(AGM) held at Mokolodi Nature Reserve on June 3rd, 2017.

25 Jun 2017

Lerala Diamond Mine has failed to source out some funds from some Chinese investors after generating very low revenues from the extraction and sale of Diamonds in the past 12 months forcing the mine to be placed under the care of Provisional Liquidator before its closure.

25 Jun 2017

At last, the local business sector responded to the bait that the Central Bank had long been dangling.

25 Jun 2017

MAUN – Despite all the setbacks faced by clients in this region, the National Development Bank (NDB) Chief Executive Officer Lorato Morapedi has said that the Ngamiland region will always be highly regarded as one of NDB’s important strategic locations for doing business. 

25 Jun 2017

The unsteadiness in neighboring South Africa continues to unfold in its various facets but Bank of Botswana Governor Moses Pelaelo said though posing a threat in terms of spillovers into Botswana the “risks are considered to be moderate overall.” He alluded to higher inflation and lower exports in SACU as probable effects that Botswana could be exposed to.

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