Author

Keikantse Lesemela
  • Lax Laws Foster High Indebtedness

    Speaking to the Business Monitor, Tshotelo said most people are caught in the trap of high arrears because financial institutions and banks are failing to give sufficient information on their charges. “ There are many cases of high...

  • Broker identifies niche in the mortgages market

    BusinessWeek: Give us background on your company and its services… Bhoola: Bond Brokers is one of the first independent mortgage brokers in Botswana. We work independently with banks, estate agents and developers and focus on the client, to...

  • BITC seeks PPPs in property projects

    Speaking at the Property Expo last week, BITC Executive Director for Business Facilitation, Reginald Selelo said the institution did not have the financial capacity to develop the land hence their requisite to form partnerships with the private...

  • Diversification pays dividends for FNBB

    In her commentary in the bank’s 2014 annual report released this week, outgoing FNB Chief Executive, Lorato Boakgomo-Ntakhwana, said with the delivery of the diversification strategy aimed at reducing dependence on interest income, the...

  • Over 400 delegates expected at BOCCIM conference

    Traditionally held in Francistown, this year’s event will be held in Maun for the first time since inception in 1998. The event is expected to take place from 23 to 26 November. Briefing the media yesterday, BOCCIM Director for Policy...

  • Property developer adopts cost cutting technique

    The company is constructing 105 three-bedroom double storey houses in Gaborone in a bid to offer luxurious yet affordable accommodation for Batswana.  Speaking to the Mmegi Business, Eman Enterprises chairman Theo Emanuel, said they have...

  • BMC bounces back to profitability

    This reverses the huge successive losses of P324 million in 2012 and P87.82 million in 2011. BMC chief accountant, Mbaakanyi Lenyatso, told BusinessWeek that the profits took a quantum leap because the commission recorded higher sales in the year...

  • BHC pursues more strategic partnerships

    Speaking during the unveiling of seven double storey houses in Gaborone yesterday, BHC chief executive officer, Reginald Motswaiso, said they have engaged institutions such as commercial banks and events planning companies to help them disburse...

  • BTCL share price set for unveiling

      Government plans to offer 44 percent of its shareholding to citizens and citizen-owned companies via the Initial Public Offer (IPO), retaining 51 percent and committing five percent to citizen workers. While the share price will only be known...

  • Letshego moves to curb high indebtedness

    Presenting the financial results for the half year ended 31 July 2014, Letshego Holdings Managing Director, Chris Low said as the government has raised a concern about high levels of indebtedness, they have introduced a central system in which they...

  • Shumba to double Sechaba project capacity

    Shumba coal has revealed that it would bring a 1.5mtpa coal mine by 2016, after which the mine’s capacity will be doubled to cater for a 300MW power station by 2017. “ The coal project has a clear future which consists of three elements...

  • Khama’s popularity drops by 10%- Study

    Despite  Khama’s waning popularity, the study shows that if elections had been held in June and July this year, the rulling Botswana Democratic Party would  win by 52%. The study also shows that the Botswana Congress Party would post...

  • Letshego loan book reaches P5bn

    Letshego managing director, Chris Low, said the most contributions to the growth in advances are Botswana, Mozambique and Namibia. Letshego operates in 10 southern and east African countries including Tanzania, Kenya, South Sudan, Uganda, Rwanda,...

  • Exponential consortium eyes retail space

    In an interview with Mmegi Business, Exponential Chairman, Dumi Lopang, said they plan to build an eight-storey building next to Exponential, which will house retail businesses. “The CBD is growing rapidly and we anticipate an oversupply of...

  • Makgato-Malesu Lauds Exponential Citizen Investors

    The building, named Exponential, was completed in July 2012 at a cost of P78 million and is built on about 10 000 square meters. The Exponential building, currently houses ten tenants. Speaking during the official opening ceremony, Makgato-Malesu...

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