Author

Boitshepo Majube
  • An apple a dayďż˝

    With a national prevalence of 8.2 percent, and an estimated 96,000 people living with diabetes in Botswana, the project also plans raising funds to fight the disease.  Diabetes mellitus has become a global concern as the prevalence has gone...

  • MCM and BCL renew three-year coal deal

    BCL uses coal in processing of metal at the smelter. “MCM will be responsible for transporting this coal to BCL using part of a fleet of rail wagons dedicated to MCM by Botswana Railways,” BCL stated. MCM started production of the commodity in...

  • Lucara beats revenue target as Karowe shines

    In its 2013 year ending financial statement, Lucara stated that the Karowe 2013 year-end target of 440,000 carats recovered was also surpassed.      The company plans holding eight diamond tenders and two exceptional stone tenders during...

  • Botswana receives more aid from China

    Speaking at last week’s signing ceremony of a P71.5 million grant to Botswana, Zheng said China has provided many batches of economic and technical assistance to Botswana in the form of grants, interest free and concessional...

  • Botswana falls in trade enabling rankings

    This represents a significant slide in rankings from position 54 that the country achieved in 2012. In 2010 Botswana was ranked at position 53.  Published every two years, the Global Enabling Trade Report assesses the quality of...

  • Shumba forecast depressed coal prices

    In its consolidated statement of comprehensive income for the half year, ended December 31, Shumba Coal states that in the reporting period they have seen the continuation of the depressed environment for junior miners seeking to raise...

  • Cresta posts lukewarm results

    The group states the static margin shows a continuing downward pressure on room rates and the general inflationary environment, especially in Botswana. According to Statistics Botswana, overall annual inflation rate decreased between February 2013...

  • Commercial banks urged to improve services

    Speaking at the official opening of the Barclays airport junction branch, Matambo said with increased diamond trading activities, Gaborone is gradually turning into a destination for international diamond dealers. “As new downstream...

  • Botswana slips in trade logisticsďż˝ rankings

    The only sector that Botswana scored below hundred is in the logistics quality and competence in which it is ranked 99 out of 160 countries. In customs Botswana is ranked 112, infrastructure 125, internal shipment 129, tracking and...

  • Construction of Kazungula Bridge to start in July

    Their evaluation of the Kazungula Bridge and railway project technical proposals was completed in December 2013. However, the communiqué stated that the groundbreaking ceremony to signal the commencement of the proposed multi-million...

  • Stanchart sees potential in Choppies growth

    Head of SCPE, Africa, Peter Baird who was recently joined to the Choppies board of directors as a non-executive director, stated recently at the group financial results that Choppies is their important client with great business and they intend to...

  • Kenya Airways mulls Gabs-Asia routes

    Speaking at the Airline’s travel agents awards, KQ Country Manager, Juliet Zintambila stated they are also actively exploring the possibility of having daily flights into and out of Botswana.  Zintambila stated that they value their customers’...

  • Choppies Forecasts Good Returns From Deflated Zimbabwe

    The retailer says that the Zimbabwean economy is US Dollar based and the strength of the currency will cushion it from any negative impact.  Zimbabwe moved into deflation after the annual rate of inflation for February shed 0.90 percentage points...

  • Households change consumption patterns

    Due to low domestic demand, retailers have also increased prices at a slower rate resulting in the prevailing low inflation environment. At the presentation of the group half-year results, Choppies CEO Ramachandran Ottapathu said consumers are no...

  • The one plus one of finance matters

    Business Week: Do you think NBFIRA Financial Literacy Week is going to benefit Batswana, if so explain in detail? Harriman: Yes, I think it really will. I think the more financial education we get the better. As a nation we are very often naive in...

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