Author

According to a statement from the BSE, follow up workshops and one-on-ones will be held with private unlisted companies twice this year in order to further educate entrepreneurs on listing. “These will entail an incubation programme in order...

As part of a new investment strategy, which allows the pension fund to invest upto P800 million in properties, the DPF is on the lookout for quality domestic investments. “In late 2015, the DPF Board approved the acquisition of approximately...

The 80 million shares comprise 40 million existing shares and another fresh issue of another 40 million shares.  According to the FPC prospectus, a share is being sold at P2.57 each. Far Property’s portfolio consists of 178 properties...

Speaking to BusinessWeek at the launch of the new train on Tuesday, Transnet Engineering Chief Executive, Thamsanqa Jiyane said were it not for the peculiar designs that BR requested on the coaches, Transnet would have completed and delivered the...

According to Knight Frank’s Shop Africa 2016 Report, Gaborone has 247,000 square metres of completed shopping centre space, significantly higher than megacities such as Lagos and Kinshasa. Because of the relatively small size of the city,...

Briefing the business community on Wednesday, managing director Balisi Bonyongo said the ingestion in the diamond pipeline that crashed demand and prices leading to a 38 percent drop in earnings for the company last year,  seems to be...

According to information released by BTCL yesterday, not only were all the shares on sale snapped up, but the uptake is likely to lead to the doubling of shareholders on the Botswana Stock Exchange (BSE) when the company lists next month. The offer...

A creditors meeting held in Gaborone last week resolved to relieve Marinelli of his duties and proposed to appoint a new liquidator. Director of tax services at Deloitte, Terry Brick told BusinessWeek their company is no longer handling the...

In a notice published in the Daily News yesterday, the PPADB said a joint venture between Japan’s Marubeni and South Korean, Posco Energy has won the bid to expand the Morupule B Power Station by a further 300MW. The consortium will supply...

Department of Mines director, Gabotshwarege Tshekiso told BusinessWeek that initial estimates are that BCL might retrench as many as 2,000 workers as it seeks to optimise operations ahead of any possible government bailout. Ghaghoo Diamond Mine in...

Figures provided by the Bank of Botswana (BoB) show that there was a notable increase in the annual growth rate of household deposits from 9.2 percent in 2014 to 16.8 percent in 2015 which was a much faster growth compared to the 12.8 percent...

Two years ago, government announced it was finalising a deal to award ESBI a three-year management contract to oversee the turnaround of the loss-making power utility. Addressing the media in Gaborone yesterday, the Minister of Minerals, Energy and...

In a statement, Barclays Africa said any announcement by its London-listed parent company will not impact the shareholding and ownership of operations in individual African countries, including Botswana. This follows an announcement by Barclays Plc...

The global mining giant, which posted a loss of $5.6 billion in 2015 compared with a loss of $2.5 billion the year before, recently announced that it was streamlining its asset portfolio to De Beers, platinum and copper, holding just 16 assets down...

In their 2015 annual report published recently, the London Stock Exchange (LSE) -listed company said its exploration expenditure, before depreciation, increased two fold to $5.7 million from $2.8 million in 2014 due to the work programme underway at...