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The group reported that the effective tax rate for the period of 27% is significantly lower than that of the prior period which was 42% with the absorption of the accelerated withholding tax paid on dividends declared by subsidiary companies to...

The $100 million (about P1.2 billion) loan is meant to support the government’s efforts through the strengthening of its pandemic and crisis response, addressing the regulatory constraints for private sector recovery as well as building the...

Headquartered in Hong Kong with over 15,000 employees worldwide, the company currently operates in Botswana as a diamond cutting and polishing company.It also has a training institute that specialises in diamond cutting and polishing. SEZA Director...

It is expected that the innovation will benefit the property outfit’s unit holders financially while also delivering on its drive to provide sustainable power to tenants.It is estimated the system will have a 120,000 kWh monthly output. The system...

The business, which is located along the ever buzzing Molepolole main road, Motswedi Tyre Services specialises in tyre repairs, retreaded and selling of second hand tyres.Last week, Motswedi Tyre Services manager, Aobakwe Hirchfeld who is also the...

The two issues have perennially come up each time the PPADB reports on the state of public procurement and continue despite the Board’s remonstrations.In the latest update, PPADB acting executive chair, Tumelo Motsumi said submissions of end of...

The pair, biologist Mmakwena Moesi and software engineer, Amogelang Masi decided to come up with organic bio-fertilisers that would assist local farmers to get produce that is appealing to consumers. The two business partners through their company,...

After opening its doors in Botswana in 2014, the company initially specialised in the cutting and polishing of rough diamonds, before expanding in 2019 to the manufacturing and retail of jewellery.On Wednesday, President Mokgweetsi Masisi presided...

The alcohol producer said the new prices are to cater for the impact of the economic environment on production cost.The move will see price change for KBL brands including Budweiser, Corona and Stella Artois as well as non-returnable units for the...

This is revealed in the country’s telecom giant’s financial results for the six months ended 30 September 2022. BTC recently laid off about 196 workers as part of its resource optimisation exercise.When commenting on the group’s published...

Before COVID-19, the conference was hosted in Jamaica, Denmark, South Africa and Melbourne.The conference will be hosted by Botswana’s Gambling Authority (GA) in collaboration with the International Association of Gaming Regulators (IAGR) in...

"We have some suspects in custody regarding the issue, but it seems like it's a syndicate, we have realised that they are some who spot these cattle, some use horses, then there are those who slaughter and those who transport them to the final...

The duo were caught trying to flee the scene while the third one managed to escape during the police chase.Assistant Supritendent, Kenyaditswe Mafoko, of Jwaneng Police Station said the incident happened during the day."When the incident happened...

"The family had come to Jwaneng from Thankane to buy feeds for their livestock and also buy groceries for the family. The child was alone at the back of the van, and when the car hit bumps, she fell out of the car and unfortunately got hit by the...

According to the group' s financial results for the six months ending 30 September 2022, the financial perfomance for the period was depressed by an escalation in replacement costs for stolen copper from their network.BTC Managing Director,...