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The multi-million pula project, which commenced this month, is expected to take 12 months. As part of the project, BTC intends to deliver high internet speed of up to 50Mega Bites per second (Mbps). It will be piloted in Gaborone, Francistown, Maun...

Presenting the financial results for the year ended August 31, 2017, PrimeTime managing director, Alexander Kelly said the tenanting of Pilane Crossing has been a hurdle with partial settlement of the widely reported trade licence problem only being...

In a public announcement yesterday, the company, which has a dual listing on the Botswana Stock Exchange (BSE) and the Australian Securities Exchange (ASX), stated that its two million shares currently held on the Botswana register will be...

The diamond miner, which was put under provisional liquidation by the High Court in June this year, currently has a balance of P748,000 in its bank account, and the total value of all assets on site are estimated at P251 million. The liquidator,...

An annuity is an insurance product in which someone invests a lump sum or a series of payments and is then paid out regular disbursements at fixed intervals usually during retirement. The call came at the back of the results of a market survey that...

The group, which owns and operates eleven eco-tourism lodges and camps on leased land in Botswana and Namibia, said its revenue for the half-year to August 31, 2017 was P176.4 million. That was an 11% increase from P158.6 million in the...

Responding to Mmegi Business enquiries, the liquidator Kopanang Thekiso said out of this number, two were rejected and one partially proven and accepted, while the remaining 19 were accepted. “There is also a claim from employees for salaries and...

Developed by App Smart Mobile Solutions, the app was designed to be used by both tourists and local residents to find their way around Botswana, and also to find value added offers such as discounts and giveaways. One of the developers, who is also...

In a report presented to the creditors last week, provisional liquidator, Kopanang Thekiso said total liabilities of the company are P615 million, noting that as far as he has been able to establish, there are preferred and concurrent creditors only....

AJit Singh Ahuja, a businessman who has several companies of his own, had filed an appeal against a High Court judgement in which it dismissed his claim for the entry of his name into the share register of Busy Five Enterprises. Busy Five Enterprises...

During a meeting session organised by the Botswana Investment and Trade Centre (BITC) last Thursday, as part of the Global Expo, the multi-billionaire said local businesspeople should not limit themselves to the domestic market, noting that Africa...

This week, at the ‘Open Data Open Science’ national forum held in Gaborone, principal researcher and country managing partner at Joint Minds Consult (JMC), Patrick Molutsi said knowledge is a key commodity and a defining source of wealth in a...

The mine was put under provisional liquidation by the High Court in June this year, with final liquidation confirmed in September. Provisional Liquidator, Kopanang Thekiso said discussions with the local directors of Lerala Diamond Mine together...

In its financials for the six months ended August 31, 2017, the group indicated that tourism activity in Southern Africa is at high levels, noting that its forward occupancy for the rest of the year is encouraging. The group’s chief executive...

Economic analyst, Moemedi Mosele said the increase in retail pump prices has been expected due to the steady rise of global oil prices throughout the year. “Since OPEC {the Organisation of Petroleum Exporting Countries} announced that it would...