Author

Pauline Dikuelo
  • Import predatory pricing weakens cement production

    According to PPC Head of Business Unit Tuelo Botlhole said even though the current capacity means that the country imports less than 20%, import predatory pricing is weakening the manufacturing resolve. “We should be at a level of self-sufficiency...

  • Launch aids brands to step into digital era

    The company offers digital marketing and social media strategy, online crisis communications preparation and management, marketing digitisation and training.Established in 2018, Mogende, a former journalist, said their ambition at Launch is to help...

  • Motheo operations ahead of schedule

    The Austrian firm had secured a mining licence from the government for its $279 million Motheo Copper Mine in the Kalahari Copper belt. The 1,000-kilometre belt running southwest to northeast is found to contain millions of tonnes of copper and...

  • Gambling Authority finalises lottery licence issuance

    Sources privy to the latest developments told BusinessWeek that talks have already commenced between Ithuba Botswana, which was the reserve bidder of the national lottery and the Gambling Authority. Ithuba Botswana is a subsidiary of a well-known Pan...

  • BAOA to establish homegrown corporate governance code

    The new code is part of sweeping changes introduced by amendments to the Financial Reporting Act, which came into effect on April 1.According to the amendments, the corporate governance code will apply to Public Interest Entities (PIEs), which...

  • Alexander Forbes rebrands to Alexforbes

    According to Alexforbes Botswana's chief executive officer (CEO), Poloko Masitara the evolution of the Alexforbes brand directly aligns with the group’s recent corporate activity and supports its transformation towards becoming a...

  • BBS commercial bank transition on track

    Commenting on the bank’s financials for the year ended December 31, 2021, bank Managing Director Pius Molefe said they are back on track and are working very hard to satisfy Bank of Botswana's (BoB) conditions to become the first indigenous...

  • NBFIRA consults on allowing pension fund withdrawals

    This move comes at a time when the Ministry of Finance and Economic Development is finalising amendments to the Retirement Funds Act that could allow pension fund members who have not yet started earning a monthly annuity to get loans from their...

  • Stanchart’s profits jump 21%

    Standard Chartered Bank Botswana’s (SCBB) profits after-tax grew by 21% to P60 million in the year to December 2021, from P49 million recorded in the previous corresponding period.Unveiling the bank’s performance this week, officials said the...

  • Troylin founder dares to win

    Driven by the passion to create employment, Tiroyamodimo told BusinessMonitor that they identified a gap in the manufacturing space as the rising COVID-19 cases threatened imports, especially from South Africa, which account for up to two-thirds of...

  • MYSC gives YDF P81m shot in the arm

    Briefing the Committee of Supply recently the youth minister, Tumiso Rakgare said the last financial year was difficult and disruptive due to COVID-19 as youth economic empowerment programmes were disrupted as a 'safety measure'. “During...

  • NDB sets up insurance wing

    The products will be offered through partnerships with Botswana Insurance Holdings Limited (BIHL) subsidiaries, Botswana Life and Botswana Insurance Company.General insurance cover will include agriculture, property and building, and machinery and...

  • Rural elderly easy prey for scammers, Orange confirms

    Orange Money is the country’s oldest and largest mobile money service, having launched in June 2011. According to figures provided by both Orange Botswana and the Botswana Communications Regulatory Authority, Orange Money subscriptions grew from...

  • BURS, BOTC get into agreement

    Through the MoU, BOTC will be regulating the importation and exportation of goods in Botswana while on the other hand BURS is the competent authority in terms of the facilitation, control of importation and exportation of goods in Botswana including...

  • High COVID-19 claims dampen BIHL’s results

    In total, the group paid out gross claims of P2.46 billion over the period, compared to P1.69 billion in 2020, putting pressure on its bottom line.Botswana Insurance Holdings Limited (BIHL), whose subsidiaries include Botswana Life and Bifm, saw its...

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