From April 1, BOL will import 90% of the country’s fuel imports and on-sell this to the existing multinational oil companies that are operating in the country and have previously imported for themselves. Citizen companies will have the right to...
The pension fund snapped up about 61.3 million additional shares amounting to 5.65 million Australian dollars (A$) (P50m) under the second round of an offer by Tlou that was initially closed in January. The new shares take BPOPF’s total equity in...
According to a public notice this week, the rail utility is seeking service providers who can collaborate or partner in passenger rail services provision. The expressions of interest are reserved for citizen-owned companies.“Expression of Interest...
The two organisations signed a Memorandum of Understanding (MoU) on Monday which officials said underscores the importance of taking proactive measures in safeguarding digital infrastructure in a technology-driven world.Debswana managing director,...
According to the Botswana Energy Regulatory Authority (BERA) Act, 2022 and the Botswana Energy Regulatory Authority (Importation of Petroleum Products Allocation) Order of 2023 , effective 1st of April 2024, only majority citizen owned companies will...
The trade deficit for January, which represents the difference between the country’s exports and imports, is the latest in a series of negative figures for the economy which stretch back to September last year when diamonds began...
In a statement on Monday, MMG’s interim CEO and executive director, Li Liangang, said the completion became effective on March 2022 after the finalisation of all conditions agreed to with former owners, Cuprous Capital Ltd.He said the acquisition...
CEO of the tourism body, Lily Rakorong highlighted how these changes have been a great impediment to the progress and growth of the sector during the key updates and insights by HATAB to the public. She singled out of the recent appointment of the...
The packhouse was established to primarily package produce from the Selebi-Phikwe Citrus (SPC) farm, which began harvesting last week after it was commissioned three years ago. Botha said allowing produce from outside can compromise their ability to...
The state-owned national flag carrier has been drenched in financial dire straits for many years with the airline failing to break even due to low sales and high maintenance costs. Responding to a question in Parliament, Serame revealed that...
He was addressing dignitaries at the ground breaking ceremony of the Mmadinare solar cluster project which is the first utility scale grid connected solar photovoltaic project in the country.Masisi said the project offers the possibility of power...
In total, Seisa worked in government laboratories for 20-years.The 49-year old founded Divine Call Investment (DCI) Pty Ltd, trading as Divine Medicinal Solution (DIMSOL). The business,s which manufactures medical devices, operates at the...
Government’s bond programme, also known as the domestic note issuance programme, allows the Bank of Botswana (BoB) to raise debt from the local capital market on behalf of government, through the issuance of treasury bills and bonds. In September...
Government efforts to invest in Small to Medium Enterprises in the country have been mainly for job creation purposes, as the economy has long struggled with rising unemployment rates, particularly amongst youths.The report, which is a study on the...
The rapid dissemination and subsequent fading of news and information are akin to wildfire, propelled by the constant competition for attention across various digital platforms.This dynamic has significantly altered the way we, as PR professionals,...
Financial Intelligence Agency (FIA) Deputy Director General, Legal and Compliance, Susan Mangori, recently revealed that the biggest contributors to the situation include the country’s weak controls in money value transfer services combined with...
Masisi said this when officially opening the Selebi Phikwe Business Expo which attracted over 60 businesses on Wednesday. Half of the businesses were from Phikwe region.The Expo offered a great opportunity for Batswana to appreciate and explore...
The company, established in 2016 by Slyvia Mthemkhulu with a vision to provide high-quality medical equipment to government and private hospitals in Botswana, has highlighted its commitment to excellence and customer satisfaction, making it the go-to...
The Leather Park has been in the pipeline since 2014 with little progress, a fact that has frustrated authorities and residents in the border town.The implementation of the Leather Park was said to be delayed by the need for project reconfiguration...
The country is currently locked in negotiations to secure a supply deal of citrus to the US by 2025, BusinessMonitor was told.Minister of Agriculture, Fedelis Molao, said in an interview that government was working around the clock to clinch the...
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