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Taking action: Dekop PIC: PHATSIMO KAPENG
BoB releases P2bn to banks as govt cash crunch spills over

The Bank of Botswana is allowing local banks access to about P2 billion of their own cash held in reserve, to alleviate a liquidity crisis caused by the sharp drop in cash inflows from the banks’ biggest customers – the government and Debswana.

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Moakofi, has been acquitted and discharged of corruption

Former BPOPF acting CEO acquitted, discharged

Former Botswana Public Officers Pension Fund (BPOPF) acting Chief Executive Officer(CEO), Lesedi Moakofi, has been acquitted and discharged of corruption relating to the P500m pension fund that went missing from the assets management company, Capital Management Botswana (CMB).

Morupisi. PIC MORERI SEJAKGOMO

Morupisi to serve seven years in jail after appeal fails

Former Permanent Secretary to the President (PSP), Carter Morupisi, will rue the day he appealed an earlier conviction for corruption as the country’s apex court has overruled the initial judgment.

Carter Morupisi. PIC MORERI SEJAKGOMO

Sentencing awaits in pension heist's sole CoA conviction

The Court of Appeal will today sentence Carter Morupisi, the former Permanent Secretary to the President (PSP) convicted in the award of the P500m BPOPF contract whose mismanagement has been called the country’s largest financial scandal. Staff Writers, MPHO MOKWAPE & MBONGENI MGUNI report

Moeti further mentioned that the government would only provide transportation for the deceased’s relatives

Gov't to pay P1.2 million for the two-year mortuary bill

The government is set to pay P1.2 million to cover the costs of the late Pitseng Gaoberekwe, whose body has been in the mortuary for almost three years. Family spokesperson, Smith Moeti, confirmed this during an interview yesterday.

UBASSU has threatened to go on strike in two weeks .PIC.KENNEDY RAMOKONE

UB staff threatens to go on strike

University of Botswana Academic Support Staff Union (UBASSU) has threatened to go on strike in two weeks if the newly appointed Minister of Higher Education, Prince Maele, does not address staff grievances.

Attorney General and Ministry of Education PS  represented by Attorney T Kwapa and Salvation Lebetwa had opposed the application PIC MORERI SEJAKGOMO

Court agrees ‘DIS obtained statement’ was under duress

The Gaborone High Court has reinstated a government employee who was fired after being accused of disclosing confidential tender information.

All party Conference PIC: MORERI SEJAKGOMO

BDP gets crumbs off P34m party funding

Though they were the architects of political party funding, the Botswana Democratic Party (BDP) will receive the smallest amount from the newly announced political party funds of P34 Million.

For decades, Batswana had been piling pressure on policymakers to open up the tourism industry to them

Gov’t to stop revenue repatriation from tourism

With foreign-owned entities dominating Botswana’s tourism sector and leading the repatriation of revenue, government has revealed that it will tighten legislation and enforcement measures to ensure that all revenue earned by tourism activities remains in the country.

Taking action: Dekop PIC: PHATSIMO KAPENG

BoB releases P2bn to banks as govt cash crunch spills over

The Bank of Botswana is allowing local banks access to about P2 billion of their own cash held in reserve, to alleviate a liquidity crisis caused by the sharp drop in cash inflows from the banks’ biggest customers – the government and Debswana.

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