Author

Isaac Pinielo
  • BSE market cap reaches historic P50bn mark

    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...

  • SAďż˝s embargo on Ethiopian Airlines hurts Botswana

    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...

  • RDC banks on Masa Centre for growth

    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...

  • Molefhi urges businesses to embrace auditing

    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...

  • Botswana to improve efficiency in cross border trade

    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...

  • Vendors evicted from Jwaneng mall

    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...

  • Financial literacy vital for inclusion ďż˝ Letshego

    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...

  • The irks and pros of promotional SMSs

    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...

  • BSE eyes automated trading of bonds

    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...

  • Conditional approval for casinosďż˝ merger

    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...

  • Namibian business boosts Sefalana

    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...

  • BMC seeks another P300 million bailout

    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 expects diamond demand to rebound

    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...

  • ďż˝Confusionďż˝ reigns over plastic bag levy

    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...

  • BSE introduces market making to improve liquidity

    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...

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