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One of the largest banks in the country, First National Bank of Botswana (FNBB) has the FNB Smartphone Banking App that works on IOS Apple, Blackberry 10 as well as Android Smartphones. The bank also introduced eWallet that allows FNBB customers to...

The Open Budget Index is the world’s only independent and comparative measure of budget transparency. Botswana’s score of 47 out of 100 on the 2015 Open Budget Index is a little higher than the global average score of 45 and is largely the same...

A market analyst at Motswedi Securities, Tlotlo Ramalepa said despite a wave of profit taking that had weighed on the counter lately, Letshego has been the most liquid counter since last year. “This could reflect investor confidence towards the...

Through its subsidiary, North West Air, Chobe will pay P19.5 million for Kalahari Air Services operations at Maun International Airport. Kalahari Air is one of the two Aircraft Maintenance Operation (AMO) operating from Maun International Airport...

Since the launch of the CSD in May 2008, the participant fees from custodian banks have remained at P12,000 per annum and with the recent increase, the fees will be P24,000 per annum with effect from April 1, 2016, revealed the Central Securities...

According to a press release from Lewis, the acquisition will increase the group’s total store footprint to 786 in southern Africa. Lewis Stores Botswana is a wholly owned subsidiary of the South African company, Lewis Stores (Pty)...

In an interview with BusinessWeek, researcher Tlotlo Ramalepa said the reason for the downtrend was because the blue chips would be heading for their year-ends and half-year end periods. Blue chips are stocks in a company with a national reputation...

The framework is expected to promote generation and use of statistics for decision making across sectors. Statistician general, Anna Majelantle stated that SB will provide the necessary technical backstopping to ensure that processes to generate...

Speaking at the commemoration of the World Competition Day this week, Competition Authority (CA) chief executive officer, Thula Kaira said competition should be of concern the same way as levels of corruption and fair public procurement processes...

Kanyama is a city situated about six kilometres southwest of Lusaka. Group chief executive officer, Ram Ottapathu said the 1,000 square metre Choppies branded store will operate on the established group’s business model of strong price competition...

The transaction concerns the proposed acquisition of KFC restaurants in Botswana, owned by VPB Propco, together with all its assets related to operation of KFC franchise stores, by Callus. At a public hearing on Monday, the authority indicated it...

This has compelled banks to think of more innovative ideas in order to stay afloat and most importantly shift focus. Lending rates have drastically gone down in the past two years. Laws and regulations, coupled with the economic situation, have also...

Over the last two years the Ministry of Trade and Industry has been actively involved in the development of the reform roadmap and action plan, which was done in collaboration with the World Bank to improve the business environment in the country as...

Galane Gold, which owns the Mupane Gold Mine, located approximately 50 kilometres from Francistown in northeastern Botswana, said it will make an offer to all other shareholders of Galaxy to acquire the remaining shares on economically equivalent...

In the group’s results for the half-year period ending September 30, 2015, the brewer stated that total volumes for the period ended 0.74 percent below the year before. Clear beer, alcoholic fruit beverages and sparkling soft drinks showed...