This was revealed at the Women in Built Environment conference held last week. The gathering brought together female titans of industry with expertise in finance, law and construction.The main goal of the conference was to infuse innovation and...
For a long time the star performer on the Botswana Stock Exchange’s Domestic Companies Index, Letshego’s share price dropped 10% last year and on July 4, sank to 98 thebe, its lowest level in two years.Thus far this year, the pan-African...
Shamil Agosi, the vice president of Environment, Social, and Governance (ESG), told a briefing held for the Tsholofelo Carnival this week that although specific timelines have yet to be established, the ongoing endeavours "will not take...
The last time copper earnings got close to reaching the exports seen in the first three months of this year, was in the second quarter of 2015 when sales stood at P1.2 billion.That period marked the beginning of a global copper price meltdown that...
Figures provided by the Bank of Botswana (BoB) during a recent media briefing indicate that while the reserves are recovering, they are still below the healthier levels seen in the years before the onset of the COVID-19 pandemic.As measured by months...
As a wholly state-owned entity, the BDC’s credit rating is linked to government’s own outlook and the related forecasts around the country’s economic performance. In a recent update, Moody’s said the country’s economy was now projected to...
Sofa Repairs is a manufacturing company with a niche expertise in the creation of family couches and repairs of a plethora of home and office chairs. Fixing and making sofas is not novel in its nature, but it is the manner in which Boitshwarelo...
According to an SMME handbook developed by LEA, the lack of finance options for the different stages of the organisations’ development in Botswana is widening the finance gap in the local market.The finance gap refers to the gulf between the...
Type IIa diamonds are quite rare making up one to two percent of all natural diamonds and sourced from extreme depths of the earth’s mantle. The diamonds are almost or entirely devoid of impurities, making them of high value in the market.In a...
The Metro Ring project has been described as a great leap from the use of copper as a data transmission method to fibre optic technology.Liquid Intelligent last week launched the first phase of its Metro Ring, which is short for “metropolitan city...
The complaint was raised by several entrepreneurs at last week’s Local Manufacturing Summit held in Gaborone. The Summit provided a platform for entrepreneurs to air their grievances and to communicate their market handicaps to an array of...
However, the main contributor to this surplus is the underutilisation of the development budget across various ministries, the latest data from the Finance ministry shows.While higher-than-expected mineral revenues did contribute to the modest...
Initially, Debswana had indicated that mining from Cut 3 would commence in 2027. The project is currently in the feasibility study phase and preparations for commissioning are set to start in 2025. Maoketsa explained at a stakeholder briefing last...
PAPSS functions as a financial framework that enables cross-border payments in African currencies, eliminating the necessity for intra-Africa trade to be contingent on US dollar foreign reserves.Presently, nine central banks have officially embraced...
Motheo Mine, constructed at P4.9 billion, becomes the Kalahari Copperbelt's second copper operation after Khoemacau. Sandfire Resources, an Australian company, is confident in achieving 20,000 tonnes of copper concentrate at Motheo this year,...
At 1,161 metres, which exceeds the Kazungula Bridge by 238 metres, the Mohembo Bridge not only holds the record as the nation's longest bridge at present but also maintains its position for the foreseeable future, with no plans for a longer...
Giving an update on the Fund recently at Bifm’s annual seminar, Botlhe Tshukudu, Bifm’s Portfolio Manager for Unlisted Investments, said investments had slowed down during the COVID-19 era due to significant risks in the market such as depressed...
Established in Selebi-Phikwe with a cutting edge plant, the company has asserted itself as a trailblazing firm with the ability to produce a plethora of gases in both liquid and gaseous states.Oxygas is a 100% citizen owned firm operating in the...
In June, inflation cooled to 4.6 percent continuing within the central bank’s objective range and representing a 22-month low. Inflation has been declining in recent months due to decelerating food and fuel prices, as well as the base effects...
One such citizen enterprise, S&S Petroleum, was launched last Thursday, with city mayor, Godisang Radisigo, presiding. “The petroleum industry is a key driver of our economy.It drives key industries such as mining, transport, logistics and...
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