Speaking at the Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) annual dinner held in Gaborone, Kedikilwe said some businesses maliciously misinterpret minimum wage by paying it to employees who have served for many years under the...
Sechaba Brewery Holdings Limited announced last week, Friday at the unveiling of their financial results for period ended September 2013, that liquor prices will rise from Monday. The Group Managing Director, Johan De Kok stated that they planned...
In its audited financial results for the year ended 31 August 2013, the company stated that the values are credible and are reflective of the current market. Prime Time managing director, Sandy Kelly said that together with the cost...
The loan is meant to finance the operations of Liqhobong Mining Development Company (Pty) Limited (LMDC). LMDC is owned 75% by Firestone and 25% by the government of Lesotho. The company owns 100% of the Liqhobong Diamond Mine in the...
Officially launching the bank yesterday in Gaborone, Mohohlo said Botswana has a small pool of bankers, and the pool is even smaller for those with world-class banking skills. “We don’t want historical data concerning staff training, we want real...
The move by the bank not to offer individuals unsecured loans is based on recent statistics that show household indebtedness is extremely high. SBI managing director and CEO, Sophy Mathew has said they have studied the local market...
Botswana Diamonds chairperson John Teeling has said Alrosa believes that its exploration techniques can predict the location of diamondifereous kimberlites up to 100 metres below a cover of Kalahari sand and basalt. "The first test of this will be...
Arrival at Jomo Kenyatta International Airport itself opens an ordinary Motswana’s mind to a whole new world of liberated skies. The airport is one of the busiest in Africa, despite the recent fires that engulfed the facility. The airport is the...
He pointed out that they charge competitive prices in line with other rivals in the market. “When we set prices, we look at many things, that help us to set the prices,” he said. Motse said that fuel has been the major contributor to their...
This emerged at yesterday's press conference by the Botswana Tourism Organisation, Chief Executive Officer Myra Sekgororoane who stated that the SI campaign has done damage to the industry. While only three tour operators have joined SI campaign,...
In the first phase of the sale that commenced this week, nearly 200 of the 626 plots of 104.1 hectares have been snapped up. The plots in an area measuring 946.5 hectares are owned by Modern Ventures. Promoters of Northern Gateway City say it will...
The business magnate said the return on investment from regional markets is very good, compared to the local market. "Why are local investors not servicing Africa while the Europeans, Americans and Chinese do," he wondered. He said that ignoring the...
So far, 170 clients of the targeted 200 have confirmed participation in the expo whose theme is: "Promoting Investment Through Innovative Business Partnerships and Trade". Acting chief executive officer of Botswana Investment and Trade Centre (BITC),...
Rosewell Chauffeurs Managing Director Sukoluhle Mafisa says the response to their business, which opened in January, has been overwhelming. She attributes their success to the quality of service they offer their clientele. She said the quality of...
The Non-Bank Financial Institute Regulatory Authority (NBFIRA) faults that the pension system encourages early withdrawals from formal contributor funds prior to the nationally established retirement age. Presenting the NBFIRA perspective at the...