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Group managing director, Johan De Kok said this was mainly due to the negative growth of the traditional beer and non-alcoholic beverages categories, at -6.5% and -16.0%, respectively. However, the alcoholic fruit beverage category recorded an...

To this end, the bank stated in its financial results for the year ended June 30, 2016 that stimulation of transactional volumes has been a key priority with significant growth being recorded. According to the FNBB chief executive officer, Steven...

Recently small businesses, especially in the informal sector, have been shunning electronic transactions as they perceived them to be costly and cumbersome. But speaking at the launch of its new product, mPOS or mobile point of sale, Barclays Bank...

In a statement released this week, PrimeTime said about 30% of the targeted tenants, who are South African retailers, have not been able to secure exemptions to trade in businesses reserved for locals. According to the Trade Act of 2003 businesses...

Deposits from customers rose by one percent to P11.7 billion and loans to customers reduced by two percent, which was attributed to challenging market conditions. Operating income remained flat year-on-year while operating expenses reduced by one...

As a direct competitor of Choppies, Sefalana fears that the approval of the acquisitions might disadvantage them in an uncompetitive manner. Sefalana Group managing director, Chandra Chauhan told Mmegi Business that they are not happy with the...

“We guarantee the freedom for non-Ghanaians to establish and run enterprises in potentially lucrative areas,” he said. According to Opare-Kumi, the West African country has ongoing privatisation initiatives that also open up a number of sectors...

Last week the central bank reduced its benchmark rate by 50 basis points from six percent to 5.5%, responding to low inflation and a slowing economic growth. Chief investment officer at Afena Capital Botswana, Alphonse Ndzinge said net savers that...

The restrictions were announced by the CA this week as it set out conditions to prevent any possible competition concerns that may arise from Ottapathu’s proposed acquisition of Warbler Holdings. Ottapathu, through his company called Bluehearts...

Over the years, research has shown that accountants influence the behaviour of individuals, companies, not-for-profits, governments and ultimately the economy as a whole. Prominent businessman, Abel Monnakgotla said the role of accountants in the...

“The workshops are particularly meant for the business community as a way of introducing and driving the uptake of the e-services platform,” she said. E-service or electronic service, can be described as the application provided by BURS for...

Of late, the bourse stepped up its efforts to develop the local bond market to reduce reliance on bank loans and broaden investment opportunities. According to the BSE market development manager, Thapelo Moribame the bond market plays a pivotal role...

The deputy statistician general, Burton Mguni said this lack of coordination leads to shortcomings in data inter-linkages. Another related point on this challenge is the inadequacy of the coverage of statistics due to the ever-increasing costs of...

BoFiNet chief executive officer, Mabua Mabua reiterated the convenience and reliability of this last mile service.  “FTTx offers end-users a reliable internet connection that can support high internet speeds and ensure that Batswana fully benefit...

The EU and Botswana are important trading partners. Available data from Statistics Botswana shows that in December 2010, the country’s total exports were valued at P1.8 billion and almost half of them, P910 million, went to the EU. The UK has been...