Author

Boitshepo Majube
  • BPC expects demand to peak at 680MW

    On Wednesday, Botswana Power Corporation (BPC) officials said electricity demand in 2013 had averaged 578 MW, but was expected to grow this year due to economic activity and new connections to the national grid. The projected higher demand this year...

  • Government appoints acting CEO at BTO

    Dithebe replaces Myra Sekgororoane who  parted ways with the parastatal at the end of last year after serving the organisation for eight years.  Permanent Secretary in the Ministry of Environment, Wildlife and Tourism Neil Fitt told Mmegi:"We have...

  • African Copper slides to a P35m loss

    This is a huge improvement compared with a loss of $9 million for the corresponding period last year. African Copper chairperson David Rodier said revenues were $29,7 million, an increase of 9 percent from $27,2 million for the corresponding period...

  • Banking sector profits grows, despite poor service

    Four major banks (First National Bank, Standard Chartered Bank, Barclays Bank and Stanbic Bank) continued their domination of the local banking market. However, some small banks, notably BancABC recorded significant growth this year. First National...

  • Property returns good in 2013

    Big property companies have set eyes on the African market, where returns are good. Turnstar Holdings Limited is making it big in Tanzania while PrimeTime is targeting Zambia, as it expands into Africa.  The IPD reports that property investment has...

  • Botswana least energy-intensive economy

    The report says Botswana’s economic dependence on diamond exports makes it one of the exceptions in the region. Diamonds contribute over one-third to the country’s GDP. "Although mining is in general an energy-intensive industry, the high value...

  • Where peasants are kings

    A majority of those that trade at the bus rank are those that were discarded to a life of abject poverty, but refuse to be poor. Their meetings are informal, but their pricing is the same.  No matter what they do, they hold on to their guns. They...

  • Govt to establish roads authority

    "We are moving towards establishing a roads authority so that they can go into the markets and borrow funds to finance roads infrastructure and maintenance," said Minister of Transport and Communications Nonofo Molefhi at the recently ended HATAB...

  • Govt throws a lifeline to Air Botswana

     “Currently, we are paying management consultancy fee for Air Botswana,” Molefhi said. He however could not disclose the amount set aside to help the national airliner on approval by Parliament. Molefhi also stated at the recent Hospitality...

  • Tax E-filing to relieve tour operators

     He said that this would especially be so for those based in far-flung areas such as in the Okavango Delta. Giving a keynote address at the Hospitality and Tourism Association of Botswana (HATAB) annual festivity conference in Maun, he said this...

  • Fifteen cartels under investigation

    Speaking at a panel discussion to commemorate the World Competition Day, Dr Mokubung Mokubung of the Competition Authority revealed that a minimum of 15 suspected cartels are under investigation. “We cannot reveal the suspected cartels now, but we...

  • The power of the poor

    A high number of voters were recorded in high-density areas and villages, compared to low-density urban areas. More people vote in rural villages than in towns. This pattern of voting has turned high-density areas and villages into swing states of...

  • PPADB tightens screws on government tendering

    Bridget Poppy John, Executive Chairperson of PPADB said at the launch of their new strategy that they want to limit selective or direct appointment of contractors by ministries. “Instead we want to use open tender more often as it gives value for...

  • PPADB new strategy to eliminate conflicting roles

    Amongst the conflicting roles the PPADB undertakes are procurement processing (tender vetting and adjudication), serving as an appeals body, and playing an oversight role. PPADB Executive Chairperson Bridget John said at the launch of the strategy...

  • BTCL hands wholesale business to BoFiNet

    The business includes the newly deployed dense wave division multiplex system including hardware, software, licenses, supporting contracts, network equipment (countrywide and in London), spares and vehicles used to deploy the network. “We will...

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