Presenting his budget requests for 2023–2024 in Parliament this week, Trade and Industry minister, Mmusi Kgafela said the Botswana Development Corporation (BDC) had disbursed about P355.6 million to Delta Automotive Technologies Botswana and LCW.He...
The Minister of Entrepreneurship, Karabo Gare said the greenlight follows the negotiations that were conducted at the Dubai Expo 2020 in February 2022 “Plans are underway to complete accreditation of the BMC Maun abattoir to also gain access to the...
Briefing Parliamentarians recently, Ministry of Entrepreneurship Karabo Gare said BMC is also reviving its tannery to have adequate base raw-material for the leather park project.“To this end given its existing assets, already serviced land, skills...
She said it all started 30 years ago when she was developing her garden at home. By then she was just following her passion without knowing that it would at some point pay her bills.By then her garden was also coming up nicely catching the eye of...
Through the Memorandum of Understanding signed on Thursday, Letshego’s support will provide exclusive access to funding for MCM citizen-owned business partners.The CEEP initiative is designed to contribute to the country’s socio-economic...
The 100km transmission line runs from Nyamakatse to Botswana Power Corporation’s (BPC) substation in Serowe. Commenting on the group’s half-year financial results for the year ended December 31, 2022, Managing Director Anthony Gilby said...
Botswana Insurance Holdings Limited, the country’s largest diversified financial services group, has been a loyal shareholder in Letshego, riding through recent periods of reduced profit contributions and growth.For the year ended December 2022,...
In its half year results for the six months ended 31 December 2022, the Botswana Stock Exchange-listed retailer said profits dropped by 34% to P83 million from P114 million that was recorded in corresponding period last year.Directors attributed the...
The business, which operates besides the busy road that passes by Partial residential area in Gaborone, specialises in the production of furniture, repair of the old furniture and car interiors.It manufactures sofas, chest of drawers, television...
Currently the group operates three stores in Molepolole, another one at BBS Mall in Gaborone and one in Block Six neighbourhood which operates on a part time basis.Payless CEO, Elliot Moshoke told BusinessWeek that the group is hoping for a P30.5...
The central bank says the direction of inflation allows it to adopt an "accommodative monetary policy stance" for this year, which could see interest rate cuts that put money back in borrowers' pockets.Briefing journalists on Thursday, BoB...
Government, through the Trade ministry, took a decision to impose restrictions on the importation of school uniforms which included tunics, dresses, pinafores, shirts, pants, slacks, blouses, t-shirts, ties, scarf, hats, jerseys and tracksuits for...
Since last year, the Special Economic Zones Authority (SEZA) has been consulting with local farmers to encourage and assist them setting up clusters. According to SEZA CEO Lonely Mogara, the clusters will fill the gap and help satisfy the demand for...
Non-Performing Loans (NPL) fell four percent year-on-year from P894 million to P861 million while impairment charges dropped to P76.9 million from P96.7 million, recent filings with the Botswana Stock Exchange indicate.The bank said the drop in NPLs...
Last Sunday, President Mokgweetsi Masisi officially submitted the country’s instruments of ratification to the African Union (AU) Commission, ending a four-year journey of negotiations over the pan-African trade deal. Botswana was the 46th country...