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Yesterday, officials at the tax agency said the improved collections were helped by higher contributions from income taxes and Value Added Tax (VAT).VAT was increased to 14% in April 2021, while the withholding tax on dividends was increased to 10%...

Vision Ridge, a unit of India’s Yashomann Industries, recently sealed a P16 million deal to takeover Pula Steel, a liquidated Selebi-Phikwe plant that was using scrap metal to produce an intermediary product known as steel billets. The new buyer...

Additionally, HATAB believes the developments will restrict animal movements and place increased pressure on already threatened species such as the Chobe Bushbuck.The 38-year-old industry body, which represents 50% of all licensed hospitality and...

Policymakers involved in sharpening the country’s competitiveness and ‘ease of doing business’ environment were left smarting last April when social media giant, Twitter, chose Ghana to be its African headquarters.While frontrunners for the...

When assuming the presidency on April 1, 2018, Masisi would never have imagined that his tenure would experience the sharpest economic drop the economy has suffered since Independence or the largest loss of jobs since that time.Economists have penned...

The Kimberley Process Certification Scheme, encompassing all major diamond producers in its membership of 82 countries and NGOs, was set up nearly 20 years ago to root out conflict diamonds from the global market.In recent years, meetings of the...

No one in the country’s health sector is even inclined to say COVID-19 is over. Or abating. Or becoming less of a threat.Even as cases dip considerably below 10 per 100,000 as a countrywide average, no one is willing to make such emphatic and...

The youths recently wrote a complaint to the Department of Wildlife and National Parks, adding their voices to a heated matter already pitting ecologists against land authorities. Plans by the environment and tourism ministry to open up 240,000sqm of...

According to a notice published this week, the BoB is due to offer three bonds ranging in maturity from five to 18 years, although technically, the central bank could add shorter-term treasury bills to the line-up of Friday’s auction or increase...

Pula Steel’s liquidation has dragged since it closed in 2017, just two years after it was built at a cost of P130 million strained by financial and technical challenges, particularly the shortage of its raw material, scrap metal.The latest sale...

The Ministry of Environment, Natural Resources Conservation and Tourism has invited 100% citizen owned businesses and consortiums to submit expressions of interest for eight new tourism sites along the Chobe River front, with a closing date due on...

The 300MW tender is the last coal-fired electricity government will procure, according to the Integrated Resource Plan, which maps out all power sources the public purse will pursue until 2040.Of the four coal developers shortlisted for the tender,...

In January, health authorities announced that all the vaccines ordered by the country since the life-saving medication became available, had arrived in the country creating a stockpile in hand of three million doses.Most adults received their full or...

The current inflation rate represents the highest level since March 2009 and has been driven by a range of increases in administered prices last year, in particular, fuel prices which rose five times in 2021.In its last review in late February, the...

All the dams that can plausibly be built in the country, have already been built, says Water Utilities Corporation (WUC) CEO, Gaselemogwe Senai.At present and forecast rates of consumption, these dams are sufficient to supply the country until about...