Botswana behind in reforming ways of doing business
FRANCISTOWN: Botswana is not amongst the countries which are reforming the way they do business, according to the World Bank and International Finance Corporation (IFC) recently published report entitled "Doing Business 2007-How to Reform".

BTC transformation yielding results
The Botswana Telecommunications Corporation (BTC) has increased its profit to a record P138.9 million, representing a 17.7 percent revenue growth from P118.1 million the previous year.

Non-banking financial institutions to be Regulated
Minister of Finance and Development Planning Baledzi Gaolathe presented to Parliament a Bill on the Regulatory Authority of Non-Bank Financial Institutions. He said that the objective of the Bill is to provide for the regulation of non-bank financial institutions for the purpose of enhancing their safety and soundness, encouraging the highest standards in their conduct, as well as improving fairness, efficiency and stability of the financial system. "The non-bank financial institutions are currently regulated by my ministry under four different Acts, namely; The Insurance Industry Act (1987), the Pension and Provident Funds Act (1987) Botswana Stock Exchange Act (1994) and the Collective Investment Undertakings Act (1999)," Gaolathe said.

Sepp Blatter: idiocy and economic illiteracy
They always tell us that ignorance of the law is no excuse for offenders. Fair game, I thought. Now, what about this man Sepp Blatter and basic economics? While the lack of understanding of elementary economics cannot really be considered a life or death issue for ordinary people, Blatter is no ordinary human being.

CONSUMER WATCHDOG
The Innovation Hub So off I went to the "National Stakeholder Seminar on a proposal for a Botswana Innovation Hub" in Gaborone this week.