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These are working capital solutions where one borrows money from the bank against future payments due on specific invoices. Head of trade and public sector at Stanbic, Desma Elvis-Ncaagae said invoice discounting and purchase order finance are...

As part of a raft of reforms to counter fraud, a new modernised cheque clearing system, known as the Botswana Automated Clearing House (BACH) is now live. To reinforce the new measures, all cheques in use are to be discontinued by December this year...

Economic analyst at Motswedi Securities, Garry Juma said the fuel price reduction is an early Christmas for all the consumers. “It will certainly relieve some pressure, especially from those businesses that have high fuel bills, such as in the...

The sector is said to be the vehicle towards rapid sustainable economic growth. Speaking at a Human Resource Development Council (HRDC) workshop held to establish manufacturing sector committees, Mabena said there is need for the introduction of a...

With the parastatal having been at, or near the bottom, in the past three years, there are already signs that the turnaround strategy is starting to deliver results. By the end of 2014, BMC recorded revenue of P1.16 billion from 144,000 cattle that...

The Bank of Botswana (BoB) statistics show that from 2010 to 2014, the number of transactions through the use of EFTPOS increased from 8.7 million worth P3.1 billion to 22 million worth P4.9 billion. This has also resulted in reduction of the use of...