Former Minister of Mineral Resources, Green Technology and Energy Sadique Kebonang received curious payments from the embattled Capital Management Botswana (CMB).
A series of nocturnal meetings and heated disagreements among some in the leadership of the University of Botswana management and the University Council ended up with one of them saying a false reason should be concocted to stop conferring a doctorate degree on President Mokgweetsi Masisi.
Millions of public funds allocated for the BOT50 Independence celebrations through the Ministry of Youth Empowerment, Sport and Culture Development (MYESC) remain unaccounted for, giving credence to the wave of corruption accusations levelled against the Ministry in the build up to the 2016 celebrations.
The taxpayer never incurred any extra cost when Presidents Sir Ketumile Masire and Festus Mogae were flown home in state aircraft.
African airlines’ go-it-alone approach to aviation business is making it extremely difficult for them to compete against major international airlines like British Airways.
A welcome development that Gaborone Bonnington South MP, Ndaba Gaolathe, said would benefit Botswana’s travel and tourism hugely is finally coming about.
The controversial planned P 17 million investment by the embattled Capital Management Botswana (CMB) into Yarona Media Holdings has bombed into a legal dispute that is currently before the courts.
Yarona Media Holding is the parent company that owns Yarona FM, Horizon Advertising and the Echo newspaper.
While Botswana Democratic Party (BDP)’s Mpho Balopi was quoted recently saying Lt Gen Ian Khama is not bigger than the party the Secretary General this week refused to be drawn into discussing possible disciplinary action against the former president.
Another attempt to oust President Mokgweetsi Masisi through a motion of no-confidence is said to be in the works.
Elbow benders in Botswana were left with an egg on the face after a sad discovery that prices of alcohol, also known as “the holy waters” might not go down anytime soon.
Large-scale structural projects, often accompanied by a soft loan, are proposed to African countries rich in natural resources, Botswana not sparred. China commonly funds the construction of infrastructure such as roads and railroads, dams, ports, and airports.
The Agriculture sector does not only contribute to climate change, it is affected by it but it also forms part of the solution. Coherent and effective solutions are however needed.
In recognition of this, a local trust – dubbed ‘Now for them Community Trust’ has put up a program aimed at facilitating adaptation to climate change solutions for farmers in Botswana.
Botswana has dedicated an excess of 40 per cent land area for conservation in form of forest reserves, wildlife parks and management areas.
The deputy Permanent Secretary in the Environment Ministry, Felix Monggae said these contribute significantly to Gross Domestic Product (GDP) through tourism and spin off activities to other sectors.
An online petition to President Mokgweetsi Masisi that came as result of what was later discovered to be ‘false report’ relating to 100 elephants that were suspected to have been poached in Botswana is no longer a threat to tourism as the petition is likely to collapse on its infancy.
Botswana’s biggest commercial bank, First National Bank Botswana (FNBB) is planning on entering the used car market which has grown substantially in over a decade. FNBB’s latest plan comes on the back of WesBank - the bank’s vehicle financing arm – facing declining sales and impairments. However, the bank’s foray in the used car market comes amid warnings from Statistics Botswana.
Botswana has been given thumbs up for its strong balance sheet, net external creditor position and low debt burden. The country’s credit assessment was done by Moody’s, one of the global leading credit ratings agencies.
Across the globe a few smart entrepreneurs, amongst them Botswana’s Latto Mabetwa (27) are turning the huge waste we produce every day into cash-making products.
According to the World Bank, Africa generates nearly 70 million tonnes of waste every year. As the income and spending power of the average African continues to rise, more goods will be consumed leading to even more waste.
Botswana’s top ecotourism company, Wilderness Holdings, continues to ride high despite a mixed bag of fortunes when it comes to media reports.
Just under two years back, the company suffered a blow after its bid to take over national airline – Air Botswana did not materialise following its ‘unexplained’ withdrawal of bid.
Until recent years, Botswana has been exceptional among the African nations in so many ways. The country has perhaps merited the most admiration globally for its unique ability to direct revenue from minerals towards development and economic advancement during its early years of independence, or rather soon after discovery of minerals more especially diamonds.
Unemployment in Africa remains a major challenge for many economies and must be a partnership between governments and the private sector to address it, particularly amongst the youth.
From World Bank’s statistics, Africa has the largest youth bulge in the world, and the number of youth is expected to grow by 42.5 million between 2010 and 2020.