Each financial year, the Finance ministry sets the tax agency a target for collections, based on economic conditions, policy initiatives such as an increase in rates and other considerations. This year, tax earnings are expected to contribute up to...
The listed group’s ‘Go to Africa’ strategy suffered a knock early this year when a shareholder tussle resulted in the exit of Grit Real Estate, the pan-African group that was leading LLR’s push into the continent.From being the second largest...
As the curtain falls on September, many are always taken aback at what the “underdog” has turned into. For those who were alive on the day 57 years ago, many still fail to reconcile what they see in the present with the bleak yesteryears of...
Narrating her journey to the world of design and fashion, the fashion designer reveals she has always had a hunch about belonging in the fashion industry, citing her adolescent attraction to clothes and art. Rantatana explains it is from this...
The new product is aimed at lower-earning individuals who may not be the target market for the mainstream financial services sector.The move to introduce insurance under beMOBILE Smega, BTC's mobile money product, boosts the group’s fintech...
Transnet, which is a South African parastatal in custody of all the country’s ports, rail and pipelines, has been heralding the dawn of trade interconnectedness between Botswana and South Africa since 2011.Delayed by bureaucratic bottlenecks, it is...
“Construction is not specially endowed for males alone, and I am the exact proof that women can break ground in the built in industry,” she tells BusinessMonitor. Mophato is the brains behind construction outfit, Property Plug, which has been...
BERA, which calculates fuel prices and recommends adjustments to the Ministry of Minerals and Energy, began a series of retail pump price cuts last year, stretching into this year, which helped ease inflation off the 14-year highs seen last...
The loan will help the BDC support local investment in green technologies and industries as well as other funding needs in key sectors of the economy.BDC officials said the funding would enhance the organisation’s ability to stimulate local...
They say when America sneezes, the whole world catches a cold. Increasingly these days, there are efforts by many countries to ensure that the US’ cold remains within its borders. The stranglehold of the dollar on international trade is facing a...
Born with an ear for good music and a heart that leaps at the thought of attending an event, Chinhengo says his dream and passion was always to make other people happy through his love for music and sense of creativity.This flare would later lead him...
For many years, the state-owned national flag carrier has been doing business manually by carrying out its operations through a conventional call centre booking portal.Speaking at the launch, Air Botswana general manager, Magdeline Mookodi said the...
BTCL shares trade under an ownership restriction policy imposed by the government as a condition of the 2016 listing. The restriction means only Batswana can own the shares, an effort by government to empower citizens.Since listing in 2016 as part of...
Having started off as descendants of pastoral farmers in their infancy, Lydia Pansiri and Nkobi Pansiri are the masterminds behind the recently opened multi-purpose complex in the remote area of Xuxwakam. Their company, Xuxwakam Butchery and...
The central bank raised interest rates three times last year, by a collective 151 basis points as it fought soaring inflation which peaked at 14-year highs in August. However, since then, inflation has been falling – largely due to dissipating...