Author

Pauline Dikuelo
  • Gambling conference on the cards

    This conference provides a forum for gaming regulators from around the world to meet, learn best practice techniques and strategies, network and exchange views, share information and discuss legislation, policies, and procedures.Addressing the media...

  • NAP appeals blocked P20m Maun deal

    The competition watchdog recently blocked NAP from finalising the P20 million deal saying the transaction raised 'competition issues' as NAP already has a robust retail presence in Maun. The CCA ruled that the proposed transaction is likely...

  • Moatshe’s future at LEA unclear

    On Wednesday, the CEO did not offer a comment on the issue, while board chair, Lorato Ntakhwana could not be reached. Trade and Industry minister, Mmusi Kgafela did not respond to calls on Wednesday, while Dumi Lopang, Ntakhwana’s deputy chair at...

  • Gambling Authority issues four more casino licences

    The casino licenses will be in Gaborone, Maun, Palapye and Kasane. Currently, the country has nine casino licenses issued: three in Gaborone, two in Selebi-Phikwe, one in Jwaneng and another in Lobatse.Briefing the media recently, the authority’s...

  • Africa tourism leadership forum on the horizon

    The three-day event, which will be held in Gaborone, will start from October 24-26.The forum is a Pan-African dialogue platform, which brings together key stakeholders of Africa’s travel, tourism, hospitality and aviation sectors to network, share...

  • Botswana Oil floats Debswana’s fuel deal for citizens

    According to the Request for Proposals (RFP) floated recently, the fuel will be sourced from different locations outside Botswana as well as from BOL depots in Gaborone and Francistown.“This is part of the strategic partnership between BOL and...

  • Global turmoil shaves P300m from DPF

    From about P9.6 billion at the end of the first quarter of the year, the country’s second-largest pension fund ended the second quarter with net total assets of P9.2 billion.“Investor pessimism seeped into markets driving both equities and bonds...

  • Cresta Marakanelo bounces back from losses

    The group attributed the improvement to increased occupancies and cost reduction measures implemented, some of which will continue for the long term.Commenting on the group’s unaudited consolidated financial results for the six months ended June...

  • RDC Properties' profit soars to P73m

    RDC’s unaudited financial results for the year ended June 30, showed the value of its investment portfolio rose by 148% to P5.8 billion while revenue shot up by 244% to P249.7 million, predominately as a result of the acquisition of the Tower...

  • Expanded Morupule Coal eyes surging global demand

    President Mokgweetsi Masisi officially launched the P1.7 million Motheo open cast mine on Wednesday, which will add to Morupule Coal’s current production of 2.8 million tonnes per annum.The war in Ukraine has sparked an energy crisis from Europe to...

  • MTI steps up parastatal rationalisation

    This follows President Mokgweetsi Masisi's March directive to rationalise state-owned enterprises and parastatals.According to the directive, the Trade and Industry ministry has been directed to restructure the Botswana Development Corporation on...

  • Tshipidi grooms 20 businesses for listings ecosystem

    The companies are from a wide range of sectors that include pharmaceutical services, manufacturing, retail, ICT, energy, agriculture, logistics, construction, and financial services, to mention but a few.BSE CEO Thapelo Tsheole said they introduced...

  • Minergy eyes first profits from Masama

    Minergy, which owns Masama Coal Mine in Medie, kick-started operations in 2019 but has yet to produce profits due to both operational and market issues.However, after three depressed quarters in the year to June 30, CEO Morne du Plessis said the last...

  • Smart hospital on the cards

    The 12-bed day hospital would offer services like oncology, two theatre, dialysis, ophthalmology, physical rehabilitation, radiology, gynaecology, paediatrics, general practitioner services, pharmacy, visiting specialists to mention but a...

  • Absa profit jumps 36%

    The main drivers behind the improved profitability were an eight percent increase in net interest income, together with a 72% reduction in credit losses, a 42% increase in trading income, and a seven percent increase in net fees and commission...

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