Informal sector Not only were the formal businesses affected, but informal businesses too were also hit hard. Most informal businesses rely on the public lights to conduct their businesses. Without power there is no business for them. It is even...
In terms of turnover, BancABC says they consider business with a turnover of between P0 and P10 million as SMEs. At the launch of the bank’s SME value proposition on Wednesday in Gaborone, BancABC Managing Director, Jitto...
Through various financial literacy education programmes delivered through media and public workshops, NBFIRA this week embarked on a seven-day financial literacy education week in Gaborone and in Francistown. The regulator states that the...
In the past BHM made a 5 percent non-negotiable commission on the selling of all fresh produce, while market agents earned a negotiable 7.5 percent commission on the selling price of all produce. De Graaf explained that during the...
Last Thursday, the Corporation said it was increasingly able to attract buyers for its peri-urban properties, following its struggles in previous years. At the launch of the Sitting Tenants Sales campaign, Marketing and Research Manager, Mookodi...
The bulk of the houses to be sold under the scheme are in Gaborone and Francistown, both cities boasting 825 and 350 houses respectively. BHC has however, stated that flats, town houses and government-leased houses would not be sold under the...
The power station is a dual fuel open cycle gas turbines currently operating on diesel and capable to be converted to gas at a later stage, once commercial production is achieved. MEWR Deputy Permanent Secretary Minerals, Nchidzi Mmolawa at a...
Minister of Minerals, Energy and Water Resources (MWER), Kitso Mokaila recently told parliament that until national electricity tariffs are cost reflective, government efforts to promote renewable energy would remain a mirage. Electricity tariffs...
In light of this, the president of BOCCIM, Lekwalo Mosienyane has challenged Botswana Power Corporation (BPC) non-compensatory policy. Mosienyane said they want to meet BPC to discuss the matter. He explained in technical terms that when power...
Launched last Thursday in Gaborone, the SME proposition is aligned to the initiative of economic diversification, creation of sustainable enterprise and employment creation. The new proposition would benefit those businesses whose turnover is...
BIHL with 40% investment locally and 60% investment offshore says it welcomes competition, as it would propel them to be innovative, and develop products tailor made for the market. “We are not afraid of competition,” he said. At the...
He called for public education across the country so that everyone is familiar with the features of all coins. “Public education about the new family of coins will go a long way in combating counterfeiting,” he said. He urged all citizens to be...
He further stated that a stable Pula in relation to other currencies provides support for both exporters and importers, including those producing for the domestic market. “Competitiveness of domestic producers depends on...
Contributing on the Ministry of Finance 2014/15 Committee of Supply presentation in parliament on Wednesday, Member of Parliament for Tati West, Charles Tibone said NBFIRA lacks capacity and should be supported to ensure that the assets of companies...
The company said the Year 2014 is earmarked for redevelopment and further expansion of Game City shopping centre. Abdoola has stated that “Game City will have an additional 8,500sqm of letable space which will comprise of a fashion avenue for brand...