The project, which commenced with Phase I in August 2023, has swiftly progressed to Phase II, in the process creating 400 new jobs and connecting hundreds of additional businesses across Gaborone. The Metro Ring now links all key business centres in...
The figures revealed that the value of diamonds sold by the diamond mining company, which is owned 50/50 by De Beers and Government of Botswana, in the first three months of the year slowed to P7.6 billion from P14.1 billion over the same period last...
According to the borrowing strategy document for 2024–2025 released recently, the central bank plans to raise P15.25 billion from the capital market this financial year on behalf of government. By comparison, the BoB was authorised to raise P7.05...
The BDC is the state investment agency primarily charged with economic diversification through investments and partnerships with the private sector. The corporation was allocated about P500 million in the current financial year for recapitalisation...
In its latest update, the Financial Stability Council (FSC), made up of the Bank of Botswana, the Non-Bank Financial Institutions Regulatory Authority, the Financial Intelligence Agency and the Finance ministry, said there is a growing threat to...
The new contracts will not be sought through open tender, but rather through suppliers already on BOL’s database and who have undergone due diligence, the organisation’s general manager for supply, Onkutule Masima, told a recent webinar.“We...
The BPOPF, which is the country’s largest pension fund, held 38.8% of RDC Properties as at December, being the single largest shareholder. The pension fund also held nearly 33% of PrimeTime as at August last year, being the largest shareholder as...
Ninety-One Botswana managing director, Martinus Seboni, told BusinessWeek that more businesses were moving away from the traditional funding sources for the expansion. The asset manager is part of a global group with assets under management of about...
Synfuels China, a major oil refiner with operations in China, Mongolia, and Taiwan, presented this week to a technical team of local research institutions and investment agencies.Officials from Synfuels said the CTL project will involve uphill costs...
In a statement, the group said the birthday’s theme was 'More Than Diamond Mining' and the birthday month would feature various events to celebrate and commemorate. Debswana spokesperson, Matshidiso Kamona, said the theme encapsulates...
Speaking recently at an ESG roundtable, acting CEO, Kopano Bolokwe, said the guidance has been developed in partnership with the Global Reporting Initiative (GRI) and is structured around recent developments in global disclosure standards.These...
During the launch event last Thursday, Boipelo Matenge, Mascom's chief corporate affairs officer, emphasised the company's commitment to addressing the requirements of all Batswana.She explained that MyZakaPay is a secure, adaptable, and...
As things stands in the budding Botswana’s entrepreneurial landscape, Boasa Brands stands out as a beacon of innovation and quality in the food industry. Founded by the visionary food technologist, the company has swiftly garnered a reputation for...
The findings followed a studied on the viability of Botswana Oil Limited’s coal to liquids (CTL) project, which has been called to question especially the quality of coal in the country. A senior official at Botswana Oil, Gamu Mpofu revealed...
Speaking at a stakeholder update recently, OWS caretaker managing director, Joe Matome, said from the Expo where 110 vendors gathered in Maun, the tourism group had already welcomed many onto its supplier database for procurement and engagement.He...
Before they departed, the couple imparted invaluable knowledge to the local community, teaching 60 people from Oodi and its surrounding areas the art of spinning, dyeing and weaving.According to a spokesperson, the Swedes’ primary objective in...
As part of the prize they will have access to month of expertise from Boston Consultancy Group. The support will help accelerate and boost Viva in re-redefining its business module, linking them with relevant stakeholders in the business ecosystem...
This was revealed in the latest sales report by De Beers in which the diamond miner projects that provisional fourth quarter sales will reach $380 million (P5.17 billion), which is a fall from last year’s Q4 sales of $479 million.Al Cook, CEO for...
The Minister of Agriculture, Fidelis Molao, made the clarion call here last week Thursday when giving a keynote address at the 28th Business Botswana Northern Trade Fair (BBNTF) held under the theme, ‘Sustainable Innovation: Building a Greener...
The tender, which involves the valuation of properties in the city and the production of a valuation roll for rates, was due to run between October and November 2022.The Procurement Tribunal, a new entity under the amended Public Procurement Act, has...
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