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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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Ellis Retail is owned by Acute Global Limited, which in turn is owned by Accurate Component with Patricia Moshoke as the main shareholder. Ellis Retail recently announced the takeover of eight Payless supermarkets, becoming the first major retail...

The scheme was launched as part of a range of government’s COVID-19 interventions aimed at helping businesses out of the pandemic.The scheme aimed to encourage bank lending to qualifying businesses by offering a partial government guarantee of 80%...

The mean largest amount of money reportedly spent on casino tables during the last 30 days is P3,546. This figure is more than three times the average largest amount of money spent on casino tables during the last six months from the time of the...

Speaking during the official opening of Moonlight Casino recently, the Minister of Trade, Industry and Investment (MITI) Mmusi Kgafela said the recently revamped casino's relocation to Airport Junction was a strategic move.“The casino relocated...

The women underwent five days of learning how to manufacture cleaning chemicals, offered by the authority's trainer, Widzane Mooketsi.LEA Head of Corporate Affairs and Market Access Boikhutso Kgomanyane said the five-day training was part of the...