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BP launches fraud-free system
To combat the growing problem of fuel card fraud, BP Botswana yesterday launched a new fraud-free refuelling system called the fuel master.
This system will provide a fleet owner with unsurpassed control over refuelling transactions. Presenting the new technology yesterday, Fabian Bessick said that the fuel master is a fully automated paperless refuelling system that provides for positive driver and vehicle identification and electronic registration of the odometer at the time of refuelling.Loopholes still exist in tax laws
Botswana continues to revise and update its tax laws to enable the country compete effectively globally.
The September 2005 Ernst & Young Africa Newsletter indicates that Botswana has made milestone achievements in ratifying income tax, tax clearance certificates, withholding tax rates, and indirect taxes.Harness solar power - Mohohlo advises
Botswana should be in the forefront of solar power innovation, to significantly reduce the already high electricity costs, governor of the Bank of Botswana(BoB) Linah Mohohlo has said.Mogae asks SA to mix diamonds in Gaborone
CAPE TOWN: President Festus Mogae yesterday appealed to South Africa to allow its diamonds to be mixed in Botswana, effectively asking for changes to a controversial law before parliament.South Africa’s parliament was due the same day to pass the Diamond Amendment Bill, which aims to form a state diamond trader to help stimulate more jewellery manufacturing and gem cutting, especially by blacks, in the world’s fourth largest diamond producing country.
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