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In 2014, Firestone commenced a disposal process for all its assets in Botswana including the BK11 mine for a total cash consideration of $8 million (P83.9 million). Early this month, Tango formally requested an extension of time regarding the second...

Last week, business people from the Confederation of Zimbabwe Industry and Business Botswana met in a forum to strengthen trade ties between the two countries’ business communities and consider joint venture opportunities. The Botswana Investment...

DPF is the largest pension fund in the outside the public officers pension fund. In a presentation at the 2014-year end review at the 2015 Pensioners Conference, it was revealed that total fund value as at December 31, 2014 was P5.7 billion, which...

In a recent public notice, the department announced that the Tourism Industry Licensing Committee (TILC) will not receive any applications for these operations until further notice. Tourism department director, Kelebaone Maselesele told BusinessWeek...

Competition Authority (CA) chief executive officer, Thula Kaira stated at press briefing on Tuesday that competition can be distorted not just by business conduct, but also by laws and policies that are in place. “Such laws and policies may be...

Known as the National Strategy for the Development of Statistics (NSDS), the strategy aims to address data limitations, mobilise and prioritise use of resources for statistics as well as integrate statistics within the national policy. The total...

A centralised database stores and maintains data in a single location.  Giving a presentation at the Botswana Jobs Summit that was held in Gaborone this week, Mutelo explained that this is where all the statistics of employment can be monitored and...

Giving a keynote address on Monday at the inaugural Botswana jobs summit in Gaborone, Masisi said the ESP was meant to diversify the economy and create jobs. He said the programme was open to everyone who might want to give ideas and suggestions....

Tombale was appearing before the Parliamentary Committee on Statutory Bodies and State Enterprises yesterday, which had suggested that an end to the Commission’s monopoly could be one of the solutions to problems faced by the BMC. The Commission is...

The workshop, which was convened by the YDF Gaborone district office under the auspices of the Ministry of Youth, Sport and Culture, was targeted at the funded youth who are defaulting on their loan repayments. Despite the low attendance by the...

Motswedi Securities analysts, Tlotlo Ramalepa and Garry Juma indicated in the weekly financial markets highlights that this year’s second week of the fourth quarter did not provide much captivating activity. However, they said prospects and...

The company recently lowered its full-year production guidance to between 29 million carats and 31 million carats from its previous forecast of between 30 million and 32 million carats due to projected weak sales. Bruce Cleaver, De Beers head of...

The transformation is designed to create long lasting sustainable improvement in the speed and quality of change within the revenue service. BURS is responsible for the assessment and collection of tax revenues comprising: Capital Transfer Tax,...

Chief Executive Officer, Kgotla Ramaphane was testifying yesterday before the Parliamentary Accounts Committee on Statutory Bodies and State Enterprises. Committee members had wanted to know about the progress of the outsourcing programme and how it...

The tax gap is described as the difference between the tax revenue that should be collected and the tax revenue actually collected. BURS commissioner general, Ken Morris told the third sitting of the parliamentary committee on statutory bodies and...