Author

Isaac Pinielo
  • BancABC narrows losses

    This is evident from its preliminary group results for the year ended December 31, 2015. In comparison with its previous year’s performance, the group recorded an improvement of attributable loss of $0.6 million (P6.51 million), from the reported...

  • BITRI Urges Govt To Spend More On Research

    Prof. Otlogetswe Totolo was speaking during the signing of a shareholder compact agreement between the Minister of Infrastructure, Science and Technology, Nonofo Molefhi and board chairpersons of Botswana Innovation Hub (BIH) and BITRI last...

  • Botswana to link SDG indicators to Vision 2036

    Mguni was addressing local journalists last week at a press briefing organised by Statistics Botswana on the just-ended 47th United Nations Statistical Commission that was held in New York at the beginning of March. He said the statistical...

  • Engen feels brunt of falling oil prices

    Engen Botswana managing director, Chimweta Monga attributed the loss to the three fuel price decreases that occurred during the year, consistent with reduction in global crude oil prices. The fuel price decrease was said to be due to a general...

  • IMF urges Botswana to focus on viable projects

    Article IV Consultations are bilateral discussions whereby the IMF consults annually with each member to assess each country’s economic health and to forestall future financial problems. An IMF delegation visited Gaborone in December last year for...

  • Lack of capacity widens tax gap � BURS

    In the 2015 annual report released recently, commissioner general Ken Morris said inadequate capacity to undertake more enforcement activities to cover all areas of the country is one of the constraints that the agency faces. Morris cited...

  • Household survey encounters setback

    Briefing journalists on Tuesday, deputy statistician general (STO), Dabilani Buthali said there are still some setbacks in the data collection process in the form of refusals, particularly in high-income neighbourhoods. He said another significant...

  • Lack of websites hampers SMEs� exposure

    The business advocacy organisation hence reignited its appeal to the business community to subscribe to the Chamber Trust seal, which facilitates international trade. Shiellah Moribame, who is head of public affairs, marketing and communications at...

  • BSE snaps 11-week bearish streak

    Weekly financial markets highlights released by Motswedi Securities show that local equities ended the week 22 basis points firmer,  driven by gains from some of the blue chip counters. During the week, over 32 million shares worth P105 million...

  • Botswana firms urged to utilise AGOA

    AGOA is a United States (U.S) Trade Act, enacted on May 18, 2000 that enhances market access to the U.S for qualifying sub-Saharan African countries. Speaking at a recent U.S market access engagement event organised by the American Business Council...

  • Afinitas to invest P28.6m in Ethiopia

    Afinitas executive director, Leutlwetse Tumelo told BusinessWeek that his company is an Africa-focused investment company, noting that creating an Ethiopia-focused holding company falls within their objective of investing in various sectors and...

  • Economic pressures weigh on Choppies profits

    The group’s revenue grew by 17 percent to P3.5 billion from P3 billion achieved in the same period in the previous year. Gross profit was up by 11 percent to P714 million as compared to P644 million while earnings before interest, taxes,...

  • SADC states lag behind in data dissemination

    Officially opening a regional workshop on debt statistics compilation and reporting in Gaborone on Monday, deputy statistician general, Boitumelo Matlhaga said while substantial progress has been made by member states, there is a lot of room for...

  • Matambo urges SADC to foster private sector

    Speaking at the SADC Council of Ministers meeting that ended in Gaborone yesterday, Matambo noted that a strong commitment is also required from the private sector to promote investment in areas where market gaps exist. “Promoting sustainable and...

  • SMES Embrace Social Media To Market Products

    Marketing experts ascertain that social networks are a cost-effective way to get one’s brand in front of fans and prospective customers. They accede that it does not cost anything to tweet a message, pin a product photo to Pinterest, or promote a...

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