Author

Keikantse Lesemela
  • Textiles anchors 53% jump in AGOA exports

    According to the statistics from US Department of Commerce, exports to US under AGOA increased 53 percent from $5.5 million (P52 million) to $8.5 million (P80 million) in the first 11 months of the year, mainly on the back of increase in textile and...

  • Drivers’ testing goes hi-tech

    The project entails full computerisation of the testing ground. The initiative, which includes the installation of sensors in testing cars, originates from Korea. Speaking to Mmegi during the groundbreaking ceremony on Friday, Project Coordinator,...

  • Symphony Health Launches Pregnancy Medical Benefit

    Launching the product on Thursday, Symphony Health Medical Aid Chief Executive Rose Tatedi said they are looking at the pregnancy cover from a different perspective as they provide a cover of up to P350,000 for expecting mothers and the...

  • ODC revenues top P5billion

    ODC stakeholder relations executive, Kutlo Thathana told BusinessWeek that in 2014, which was their first full year of operations, they refined their business and grew the customer base in the global market. “Operationally in 2014 we were able...

  • BTCL employees not ready to buy shares

    Speaking to Monitor Business BTCL Workers Union member, Kewetse Busumane said most employees cannot afford to buy shares and they are not even sure how the process is going to work for them. “ Most employees cannot afford to buy the shares....

  • African Energy seals Sese disposal deal

    Under this deal, FQM will purchased 51 percent stake in the power project located in the central district for  $8 million (P76 million). A statement from the Botswana Stock Exchange (BSE) listed company states that all conditions precedent to...

  • Watchdog notes rising corporate bullying

    Abuse of a dominant position occurs when a dominant firm in a market, or a dominant group of firms, engages in conduct that is intended to eliminate or discipline a competitor or to deter future entry by new competitors, with the result that...

  • PrimeTime seeks to increase portfolio

    It will be boosted by its debt leverage model of P300 million in the next 18 months. In the financial year ended 31 August 2014, the company’s portfolio value increased to P732 million from P544 million in 2013 as a result of the addition of...

  • Hotels record boom over festive season

    In an interview with BusinessWeek, Head of Marketing & Sales at Cresta, Patrick Chivese said they had recorded a good performance over the festive. “ Despite the Ebola fears, we received a lot of visitors in most of our hotels but this time...

  • Orange to launch mobile advertising service

    Dubbed ‘Orange Makoya’, the service assists brand owners, stores and other suppliers to get access to customers who have an inclination towards a particular type of product or service. The service which is expected to be operational...

  • BSE posts positive outcome for 2014

    Recent data provided by the bourse shows that total turnover for the year recorded as at 12 December 2014 amounted to P2.1 billion, the second highest ever recorded in a similar period since the inception of the stock exchange. BSE Deputy Chief...

  • African Copper continues loss making streak

    Commenting on the recently published financial results, African Copper Acting Chief Executive Officer and Director, Jordan Soko said the company continues to require the support of its parent company and principal shareholder ZCI Limited. “ZCI...

  • Watershed year at BSE

    The BSE transition bill also sailed through parliament, which will allow the incorporation of the Stock Exchange providing it with the flexibility to operate on a more commercial basis and enter into strategic alliances. In the year, the stock...

  • Crop production rises threefold – De Graaff

    Agriculture minister Christiam De Graff said current crop production stood at 220 000 metric tonnes in the year, of which 125 000 metric tonnes were cereal, as compared to a total production of 64 980 metric tonnes, and 33755 metric tonnes...

  • A-Cap discovers high-grade uranium

    In a statement released yesterday, A-Cap Chief Executive Officer, Paul Thompson said the results indicated the presence and continuity of high-grade mineralisation in shallow zones targeted for early production. “We are very happy with the...

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