Author

Pauline Dikuelo
  • 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...

  • FNBB non-performing loans decline 26%

    Announcing its results for the year ended June 30, 2022, FNBB CEO Steven Bogatsu said while actively looking for opportunities to support its clients, the bank will continue to be cautious in maintaining the quality of its credit book.“Deposits...

  • BSE revels in new AfDB listing

    ADBF on the Exchange Traded Funds (ETF) has a secondary listing on the Botswana Stock Exchange (BSE).Speaking during the monthly bell ringing ceremony recently, BSE CEO Thapelo Tsheole expressed gratitude to the MCB and AfDB teams for choosing to...

  • BCM calls for more coal research

    Speaking during a Science Lecture and Research Synthesis workshop on Tuesday, BCM CEO Charles Siwawa said there is an adequate number of researchers capable of tackling coal who, however, lack research for their studies.“Research has to be...

  • BBS launches Visa debit card

    Botswana Building Society (BBS) has signalled its jump into the global banking community with this week's launch of its Visa debit card.The BBS Visa card enables its customers to transact on any ATMs and access Point of Sale (POS) machines in...

  • Letshego, Botswana Life launch digitalised Mosako

    The policy covers funeral expenses by cushioning policy holders’ families from typical financial burdens associated with providing loved ones with a dignified funeral at the time of bereavement and personal loss.The funeral plan caters to both the...

  • CEDA opens Shakawe branch

    Speaking during the official opening on Friday, CEO Thabo Thamane said the CEDA office will be operating as a satellite branch reporting to the Maun one functioning as a full branch.The branch will offer a full suite of products and services...

  • Business Den offers silver lining

    The country's main agency for commercial and industrial development is calling on young innovators to submit business plans for its youth entrepreneurship programme, the Business Den.The Business Den is BDC's project that aims to reach out to...

  • Brastorne hoists Botswana flag in Google's 2022 cohort

    As one of the 60 beneficiaries, Brastorne is amongst the black-led startups that will participate in the Google programme for non-dilutive cash awards from the Startups Black Founders Fund.Participants are either nominated by partner communities or a...

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