Author

Keikantse Lesemela
  • BITRI urged to foster entrepreneurial spirit

    Speaking at the launch of two new local technological innovations last week, Botswana Confederation of Commerce Industry and Manpower (BOCCIM) CEO, Maria Machailo-Ellis urged BITRI to adopt entrepreneurship in its outlook and foster greater...

  • BMC redoubles non-EU exports

    The European Union has traditionally been the Commission’s mainstay, accounting for up to a tenth of revenues in previous years. However, outbreaks of Foot and Mouth Disease as well as livestock traceability issues triggered the delisting of...

  • LEA struggles to implement projects

    In his statement in the authority’s 2013/2014 annual report, LEA chief executive officer, Tebogo Matome said progress towards implementation of the four projects had been modest due to factors beyond authority’s control. “In our...

  • Lucara aims to process 2.5 million tonnes of diamond ore

    The company expects to spend about eight million US dollars on exploration work to be conducted on its two prospecting licences awarded in 2014. Operating cash costs are expected to be between 33 and 36 dollars per tonne treated as compared to 2014...

  • Authorities want tender procurement reforms

    During a panel discussion organised by the Competition Authority (CA) on Friday, the Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) highlighted the need to design procurement and present it in a way that would make specifications...

  • Target date for BTCL IPO slides again

    The Ministry of Transport and Communications stated that the exact date for the opening of the offer would be announced early in 2015. The IPO launch has undergone a series of postponements. The first one was in August 2011, which was postponed to...

  • Savings co-opís revenues top P1m

    The society, which is run by employees of the Ministry of Finance and Development Planning, recorded a total income of P1.2 million and a net profit of over P490, 000 for the year ended 30 April, 2014. Last year its total income amounted to about...

  • PrimeTime spies nichein replete market

    Managing Director, Sandy Kelly sits down with Mmegi Business Correspondent, KEIKANTSE LESEMELA and shares the company’s strategy Mmegi: Briefly tell our readers about PrimeTime Property as a business. Kelly: PrimeTime is a property investment...

  • Boseto Mine sale talks inch forward

    The company has entered into a US$5 million short-term working capital facility with Cupric.  A condition to the facility agreement grants Cupric a period of exclusivity to allow it to complete due diligence, and to allow time for both Discovery...

  • BancABC secures Eurobank millions for local companies

    The money will be used as loans that will finance the banks’ corporate banking and SME operations. Speaking during the signing ceremony yesterday, BancABC managing director, Jito Kurian said the loans are meant to assist businesses to expand...

  • BHC signs compact agreement with govt

    Speaking during the signing ceremony of a shareholder compact agreement with government in Gaborone yesterday, Pheko said the board accepts the responsibility to direct and guide the business of BHC in a proper manner and institute necessary...

  • New cooking oil company launched

    Speaking at the product launch last week, Arona Natural Foods managing director, Fannie Gwizi, said the company was pursuing potential buyers outside Botswana such as Namibia and Zambia. “We have approached several large chain stores such as...

  • PrimeTime targets out of Gaborone retail market

    Presenting the company’s financial results for the year ended August 31, 2014 in Gaborone yesterday, PrimeTime managing director, Sandy Kelly, said although the retail market was saturated in many towns in Botswana there were growth...

  • BTC IPO faces another deferral

    Initially slated for August 2011, the IPO launch has undergone a series of postponements. It was first delayed to 2012, then later pushed to August 2014 before it was again deferred to November 7 and now December 31st 2014. Speaking during a media...

  • BIHL launches the Cyber City Kgotla

    The Cyber City Kgotla provides Information Communication Technology (ICT) services such as provision of physical co-working space, access to high speed Internet, technical and business training, as well as testing platforms. All services would be...

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