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According to the Request for Proposals (RFP) floated recently, the fuel will be sourced from different locations outside Botswana as well as from BOL depots in Gaborone and Francistown.“This is part of the strategic partnership between BOL and...

From about P9.6 billion at the end of the first quarter of the year, the country’s second-largest pension fund ended the second quarter with net total assets of P9.2 billion.“Investor pessimism seeped into markets driving both equities and bonds...

The group attributed the improvement to increased occupancies and cost reduction measures implemented, some of which will continue for the long term.Commenting on the group’s unaudited consolidated financial results for the six months ended June...

RDC’s unaudited financial results for the year ended June 30, showed the value of its investment portfolio rose by 148% to P5.8 billion while revenue shot up by 244% to P249.7 million, predominately as a result of the acquisition of the Tower...

President Mokgweetsi Masisi officially launched the P1.7 million Motheo open cast mine on Wednesday, which will add to Morupule Coal’s current production of 2.8 million tonnes per annum.The war in Ukraine has sparked an energy crisis from Europe to...

This follows President Mokgweetsi Masisi's March directive to rationalise state-owned enterprises and parastatals.According to the directive, the Trade and Industry ministry has been directed to restructure the Botswana Development Corporation on...

The companies are from a wide range of sectors that include pharmaceutical services, manufacturing, retail, ICT, energy, agriculture, logistics, construction, and financial services, to mention but a few.BSE CEO Thapelo Tsheole said they introduced...

Minergy, which owns Masama Coal Mine in Medie, kick-started operations in 2019 but has yet to produce profits due to both operational and market issues.However, after three depressed quarters in the year to June 30, CEO Morne du Plessis said the last...

The 12-bed day hospital would offer services like oncology, two theatre, dialysis, ophthalmology, physical rehabilitation, radiology, gynaecology, paediatrics, general practitioner services, pharmacy, visiting specialists to mention but a...

The main drivers behind the improved profitability were an eight percent increase in net interest income, together with a 72% reduction in credit losses, a 42% increase in trading income, and a seven percent increase in net fees and commission...

Announcing its results for the year ended June 30, 2022, FNBB CEO Steven Bogatsu said while actively looking for opportunities to support its clients, the bank will continue to be cautious in maintaining the quality of its credit book.“Deposits...

ADBF on the Exchange Traded Funds (ETF) has a secondary listing on the Botswana Stock Exchange (BSE).Speaking during the monthly bell ringing ceremony recently, BSE CEO Thapelo Tsheole expressed gratitude to the MCB and AfDB teams for choosing to...

Speaking during a Science Lecture and Research Synthesis workshop on Tuesday, BCM CEO Charles Siwawa said there is an adequate number of researchers capable of tackling coal who, however, lack research for their studies.“Research has to be...

Botswana Building Society (BBS) has signalled its jump into the global banking community with this week's launch of its Visa debit card.The BBS Visa card enables its customers to transact on any ATMs and access Point of Sale (POS) machines in...

The policy covers funeral expenses by cushioning policy holders’ families from typical financial burdens associated with providing loved ones with a dignified funeral at the time of bereavement and personal loss.The funeral plan caters to both the...