Vol.21 No.187

Tuesday 7 December 2004    

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Business Week
BoB to issue new hundred Pula note
A new P100 (one hundred Pula) banknote will be issued into circulation by mid-December, the Bank of Botswana has said. The bank said in a press statement on Friday that the new banknote will retain the general appearance of the existing P100 banknotes in terms of colour and layout.

Batswana making inroads into tourism
Batswana are gradually making inroads into the tourism sector, which has been dominated by foreign owned companies over the years. According to information from the Department of Tourism, which is responsible for licensing tourism enterprises through the Tourism Industry Licensing Board (TILB), 527 licences have been issued to tourism establishments in the country.

DiamonEx results consistent with De beers indications
The Australian diamond mining company, DiamonEx Limited has announced that it has received preliminary results from seven of its 17 Large Diamond Drillholes (LLD) at its diamond project in Martin’s Drift, with the results showing consistency with what the previous licence holders had revealed.

Botswana, SA show way on transfer pricing
SA and Botswana are the only two countries surveyed in Africa to have transfer-pricing laws in place, says a report released recently by accounting firm Ernst & Young.

  

 
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