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| Business Week
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AB likely to realise low profits
Air Botswana (AB) is expected to post low profits for 2004/05 due to rising fuel costs, attributed to the US-Iraq situation, US dollar exchange rate fluctuations and increase in charter operations necessitated by aircraft downtime.Collection of outstanding tax intensifies
Assistant Minister of Finance, Duncan Mlazie told Parliament on Monday that follow-ups are being intensified to collect outstanding tax.
Parliament heard that Botswana Unified Revenue Service (BURS) is currently in arrears amounting to about P182 million in respect of Value Added Tax (VAT).Safeguarding BHC’s assets
Tlamelo Moeletsi, internal audit manager for Botswana Housing Corporation (BHC) confesses that answering questions is not one of his specialities - and considering the nature of his job, it is easy to understand why.
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