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Of late, there has been proof that businesses, large and small, face greater risks and possibly even closure due to major debtor defaults and balance sheets that are often not strong enough to pull them through a major and extended financial...

The company, which is owned by Choppies Group directors Ramachandran Ottapathu and Farouk Ismail, maintained a strong asset growth, recording P1.38 billion of assets while reducing the loan to asset ratio to 33% in the six months ended December...

Since their arrival, smartphones have taken the upper hand in the market, by becoming bigger and laptops becoming lighter. Latest data on Information Communication Technology (ICT) shows that in 2014, smartphones were the most favoured devices to...

Mineral Resources, Green Technology and Energy Security minister, Sadique Kebonang said this when presenting his Committee of Supply speech to Parliament this week. He noted that the mining industry experienced a global commodity price turndown over...

Data from Statistics Botswana (SB) shows that during the last quarter of 2016, electricity generation increased by 11.1% while power imports dropped by 32%. The physical volume of electricity generated during that period stood at 783,141...

BSE chief executive officer, Thapelo Tsheole unveiled the new board known as Tshipidi, at Thursday’s Second Listing and Investment conference, teasing SMMEs with few details about the upcoming launch. “The Tshipidi Board for SMMEs is due soon,...

According to experts, electronic commerce, also known as e-commerce, offers considerable exploitable potential, especially for small, medium and micro-sized enterprises (SMMEs).  A recent ICT survey conducted by Statistics Botswana (SB) indicates...

Following the release of the annual Botswana Property Report, real estate investment and development company, Vantage Properties expressed its positivity about the future. Lloyd Sungirirai, chief investment officer at Vantage Properties, said there...

The share buyback was introduced late last year as a result of a plunging share price, which saw the Botswana Stock Exchange (BSE)-listed company losing over 30% of its value during 2016. This led to the company proposing dipping into its capital and...

Speaking in Parliament recently, assistant minister of Agricultural Development and Food Security, Kgotla Autlwetse said the study endeavours to assess the feasibility of liberalisation of the Botswana beef export market in order to allow other...

However, the Barclays Africa Group Limited (BAGL) will continue to operate under a different name in Botswana and eight other African countries. In South Africa, BAGL operates under its flagship, ABSA brand. Last week, London-based Barclays Plc...

Many financial experts at the recent BPS annual conference said a retiree needs between 60% and 70% of his final salary as a pension in order to maintain their lifestyle. “This target pension ratio, referred to as a ‘replacement ratio’ is...

Economic experts and top government officials, who participated at a recent panel discussion were of the view that public procurement is inherently inefficient and hence more needs to be done to make it efficient. The panel discussion, organised by...

This constitutes 59.4% of all the 610,000 households in Botswana.  In its latest ICT household survey for 2014, the national data office said the highest percentage, 15.1% of those unconnected were in the Kweneng East District followed by Gaborone...

BusinessWeek has learnt that the hackers tried to compromise the bank’s swift account by using malware (malicious software) downloaded from an internal email. Swift is an acronym for the Society for Worldwide Interbank Financial Telecommunication...