Author

Isaac Pinielo
  • Opportunities lost as Botswana misses AGOA train

    AGOA is a unilateral trade arrangement by the U.S for African countries. The benefits provided by the scheme have allowed for an average of around 70 percent of all imports from sub-Saharan Africa to enter the U.S duty-free. Although Botswana has...

  • Botswana needs structural reforms-World Bank

    It also advised the country to address labour market distortions to spur private sector job creation. “Investments are needed in infrastructure and human capital, as well as establishment of trade, business environment, and immigration policies...

  • Butcheries bear brunt of beef ban

    As a result of the ban, people are not allowed to slaughter cloven-hoofed animals and their products within the zone, which includes Southern, Kgatleng, South East and Kweneng districts. The department of veterinary services (DVS) suspended the...

  • Explosives Act set for overhaul

    The first draft of the system, which would be promulgated through an amendment of the Explosives Act, was discussed during the Ministry of Minerals, Energy and Water Resources (MMEWR) stakeholders’ workshop that ended in Gaborone yesterday. The...

  • Botswana advised to develop AGOA strategy

    Speaking yesterday at a seminar aimed at sensitising the business community and the civil society on the new AGOA legislation (2015-2025), Joshua Setipa, who is Lesotho’s Minister of Trade and Industry, Cooperatives and Marketing said Botswana...

  • G4S records modest growth

    In the group’s reviewed annual financial results for the period, managing director Michael Kampani said the revenue growth was achieved despite a tough economic environment. He said while there was strong growth in cash solutions, manned security...

  • Farmers face uncertainty after suspension of EU beef exports

    The Department of Veterinary Services (DVS) suspended beef exports to the EU and trading partners after a buffalo was seen, shot and killed at Moreane crush in Letlhakane East, near Kanye. Buffaloes are carriers of foot and mouth disease. The...

  • New Basel proposals may help reduce banks� instability � analyst

    Early last month, the Basel Committee on Banking Supervision proposed a plan to prohibit lenders from using internal models to calculate credit risk toward financial firms, equities and large corporations.  The plan calls for banks to adopt a...

  • SA wheat tariff hike won�t impact on local market

    Speaking to the Mmegi Business in an interview, Nkosi Mwaba the association’s chairman said the 34 percent increase in the import duty on wheat announced by the South African government last week will have no direct impact on the local...

  • Banks urged to support SMEs

    Bank of Botswana (BoB) governor, Linah Mohohlo said there must be more activity in the direction of ensuring that the financial system is fit for the 21st century through sustainable finance. “We want to see a visible helping hand by banks in,...

  • Businesses ill-informed about EU trade prospects � envoy

    He said he was surprised and disappointed when he arrived in Botswana 18 months ago to discover that there was lack of interest and lack of awareness about the EU. “When I came here to talk about trade and interact with the trading community and...

  • Private Sector Urged To Invest In Domestic Economy

    Minister of Finance and Development Planning, Kenneth Matambo made the call at a high level national symposium on sustainable finance that was held in Gaborone last week. He said the private sector as a potential source of capital, comprises of...

  • SABMiller, AB InBev bid for merger approval

    The plea was made at a public hearing held at the CA offices in Gaborone, which was intended to allow the two parties to make oral representations to the authority with respect to the transaction. The hearing was also meant to allow competitors and...

  • Banks blamed for Pula Steel cashflow crisis

    He told Parliament this week that there was a working capital shortfall at the cash-strapped steel manufacturing company that could not be financed by commercial banks due to lack of appetite. “This affected the company’s ability to pay off its...

  • Citizens buy majority stake in First Sun

    The firm, which prides itself on being an ‘all-risk insurance provider’, announced on Tuesday that it has enlisted new citizen shareholders; Tiny Kgatlwane, Tebatso Lekalake, Keneilwe Mere and Kgaotsang Matthews, to acquire a majority stake of 51...

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