Compared to the end of the previous quarter of P45.3 billion, market capitalisation edged up by 11 percent to P50.5 billion this quarter. According to a quarterly report from Motswedi Securities, during the second quarter, 241 million shares worth...
From Addis Ababa, the airline can only drop passengers in Gaborone and then proceed to Cape Town without picking up passengers here. Observers noted that the decision taken by the South African Civil Aviation Authority (SACAA) has dealt a blow to...
According to the group’s executive chairman Guido Giachetti, Masa Centre continues to perform well and the revenue has increased by 12 percent to P18.4 million in the first six months of the year compared to P16.5 million in 2014. “This is due...
Speaking at the 2015 Internal Audit Pitso on Monday, the Minister of Infrastructure, Science and Technology, Nonofo Molefhi said internal audit could be the panacea to many of the socio-economic challenges in the country. “When one looks at the...
Bottlenecks along trade routes have been identified as some of the most stubborn obstacles to economic growth and development. Botswana is the eighth WTO member to ratify the trade facilitation agreement whose aim is to ease border procedures and to...
The mall owners, Advent Enterprises, represented by Thabiso Tafila, a partner at Minchin and Kelly law firm, issued the informal traders with eviction letters that bore an ultimatum saying move out or else. Mmegi is in possession of one of the...
It is against this backdrop that Letshego saw it fit to launch a three year nationwide financial literacy campaign, which will cover the civil service, parastatals, private and informal sectors. Financial literacy is defined as the knowledge and...
Each day, mobile phone users are bombarded with multitudes of promotional Short Message Services (SMSs) from their operators ranging from promotions, quizzes to alerts. While the majority of these unsolicited SMSs turn out to be something that...
It is understood that the issue has become a key priority at the local bourse, considering that worldwide bond markets are being automated. BSE’s deputy Chief Executive Officer, Thapelo Tsheole told journalists at a business seminar yesterday that...
In a merger decision notice released on Friday, the CA said they decided to authorise the proposed acquisition transaction on condition that the global and gaming giants will not be involved in mapping business strategy for the local casino...
According to the group’s audited financial results for that period, the Namibian business made a significant contribution of over P800 million to the group’s turnover and P26 million to profit before tax. This represented 23 percent of the...
Last week, Parliament’s finance and estimates committee chaired by Ignatius Moswaane, tabled a financial paper requesting for supplementary expenditure for the consolidated and development funds. The paper is expected to be debated in Parliament...
De Beers’ executive head of strategy, Bruce Cleaver told the media at a conference call last Friday that although rough diamonds demand is likely to remain constrained for the year as a whole, the long-term future of the diamond industry still...
BusinessWeek has learnt that since the levy was imposed in 2007, consumers have forked out millions of Pula to retail stores from the compulsory plastic bag levy that should have been used to fund environmental initiatives but government is yet to...
Market making is described as the act of simultaneously submitting bid and offer prices into the Automated Trading System (ATS) with the intention of infusing liquidity in securities that are not frequently traded on the stock exchange. BSE deputy...