Mmegi Online :: Business
Last Updated
Thursday 22 March 2018, 19:51 pm.
Fri 16 Mar 2018, 18:00 pm
Debswana is due to further deepen its 650-metre pit at Jwaneng Mine to tap into an ore body that will yield approximately 48 million carats and support the mine to its en...
Fri 16 Mar 2018, 12:36 pm
Letshego Holdings’ after-tax profits for the year ended December 31, 2017 have been adjusted downwards by 8.6% after the pan-African microlender incurred a P118.3 milli...
Fri 16 Mar 2018, 12:20 pm
Following a BusinessWeek article recently revealing that at least a third of the smaller auditing firms in the country were facing collapse, the minnows of the country’...
Fri 16 Mar 2018, 12:19 pm
Executives at the country’s largest diversified financial services group, Botswana Insurance Holdings Limited (BHIL), are breaking away for a strategy review to tackle ...
Thu 15 Mar 2018, 17:16 pm
Botswana Power Corporation (BPC) has thus far shed 368 jobs through voluntary separation, as part of its Masa 2020 turnaround strategy.
Fri 09 Mar 2018, 21:58 pm
Government last month paid Russian giant, Norilsk Nickel P521.7 million as an out of court settlement in a P2.7 billion lawsuit brought over an equity deal that collapsed...
Fri 09 Mar 2018, 21:54 pm
Botswana Insurance Holdings Limited (BIHL) has no immediate plans to reduce its Letshego Holdings stake, despite incurring a P140 million impairment as a result of review...
Fri 09 Mar 2018, 21:38 pm
A valuable lesson from the Great Recession is that credit-supply expansions play a key role in subsequent recessions. When lenders make credit more available or more affo...
Fri 09 Mar 2018, 15:30 pm
Morupule A is set to return to full operations in June, six years after its operations were suspended following an operational audit revelation that plant availability ha...
Tue 06 Mar 2018, 16:01 pm
Senn Foods is emerging the winner in the panic caused by the identification of several South African cold meat producers as the source of a deadly disease outbreak in tha...
Fri 02 Mar 2018, 17:25 pm
The gloves have come off in the countrys highest profile capital market dispute, which revolves around more than P400 million of public pension fund assets being fought ...
Fri 02 Mar 2018, 17:22 pm
At least a third of the 22 small local auditing firms are facing collapse, struggling for a foothold in a market that continues to be dominated by four globally-linked pl...
Fri 02 Mar 2018, 17:18 pm
More women than men are entering the accounting profession yet they are still outnumbered by their male counterparts in senior positions.
Fri 02 Mar 2018, 17:03 pm
A legislative loophole through which some multinational corporations detoured millions of pula annually away from the taxman, is set to close soon, ending years of free r...
Fri 02 Mar 2018, 16:50 pm
The countrys commercial banks saw a 10% slip in collective profits last year to P1.25 billion, as the sector was weighed down by higher defaults and operating expenses.
Thu 01 Mar 2018, 14:30 pm
Public Procurement and Asset Disposal Boards (PPADB) online platform for processing of tenders is said to be on course as it is gradually gaining momentum.
Tue 27 Feb 2018, 17:17 pm
Private schools raised their fees by an average of 8.2% in the first term of 2018.
Tue 27 Feb 2018, 16:24 pm
The Bank of Botswana (BoB), Finance Ministry and Non-Bank Financial Institutions Regulatory Authority (NBFIRA) are set to form a financial sector watchdog to monitor stab...
Fri 23 Feb 2018, 16:59 pm
Former High Court judge and prominent attorney, Peter Collins has found himself locked out of the Capital Management Botswana (CMB) offices, where he is supposed to be co...
Fri 23 Feb 2018, 16:24 pm
The special tax regime for the SPEDU region has kicked off under which qualifying firms will be taxed at five percent, compared to the prevailing rate of 22%, BusinessWee...
Fri 23 Feb 2018, 16:24 pm
Many businesses globally are missing out on opportunities because of a lack of diversity in senior leadership teams.
Fri 23 Feb 2018, 16:16 pm
Lucara Diamond Corp. forecasts that its fully owned Karowe Mine in the Boteti sub-district will produce up to 290,000 carats this year, earning US$200 million (about P2 b...
Thu 22 Feb 2018, 17:00 pm
Public Procurement and Asset Disposal Board (PPADB) has 15 pending cases relating to fraudulent submission of documents as well as violation of various provisions of the ...
Tue 20 Feb 2018, 16:32 pm
International and domestic tourists spent a total of P14.5 billion in the country in 2016, or one and half times more than the amount in 2009, which was the last time a c...
Fri 16 Feb 2018, 15:11 pm
Parastatals are amongst the big winners of the 2018-2019 budget, with many receiving double figure increases in subventions, after years of belt-tightening by government,...
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FOREIGN EXCHANGE: Wednesday, 17 Jan 2018
1 USD = Pula   9.7656
1 GBP = Pula   13.4590
1 EUR = Pula   11.9617
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1 ZAR = Pula   0.7938
1 Pula = USD   0.1024
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1 Pula = YEN   11.34
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