Thursday, March 30, 2023

Business

Grit exits shareholding in LLR 

London Stock Exchange quoted company, Grit Services Limited is exiting its shareholding in Botswana’s Letlole La Larona (LLR), citing changes to its investment strategy....

De Beers sales improve but still lower 

Rough diamond sales are steadily picking up but still lower than last year records, igniting concerns that the strong demand that stretched from 2021...

Going green: How technology offers development and climate benefits

Green technologies such as artificial intelligence, the internet of things, and electric vehicles are growing rapidly and could create a market of over $9.5...

Moody’s downgrades Letshego Holdings credit ratings 

Moody’s, an international credit agency, has downgraded Letshego Holding Limited standing to Ba3- moderate negative- saying financial dark clouds are hovering over Sub Sahara Africa...

Pula appreciated by 2.2% against rand in February

The central bank, Bank of Botswana has said that the local currency, the pula, appreciated by 2.2 percent against the South African rand and...

BIHL profits up by 15% 

The country’s most diversified financial services group, Botswana Insurance Holdings Limited (BIHL), reported stronger profit as insurance claims dropped but warned of a tough...

Gov’t, BSE seeks to maximise SMME potential

The Botswana Government and the Botswana Stock Exchange (BSE) have pointed out the need to develop and nurture the Small Medium Enterprises (SMME’s) in...

Cattle farmers optimistic ahead of EU audit

The Botswana National Beef Producers Union (BNBPU) have indicated that they have no doubt that Botswana farmers will continue supplying the European Union (EU)...

Chobe Holdings becomes the hand that gives Okavango

Local high end safari operator Chobe Holdings recently supported the Ministry of Health’s Oral Polio Vaccination drive by providing air access to remote communities...

WUC owed over a billion Pula in water bills

There is almost one certainty about Water Utilities Corporation (WUC): each year when it reports on its financial well being, there is an assurance...