Author

Keikantse Lesemela
  • Stanchart partners with BIHL to increase Bancassurance products

    The additional products include Pinagare life cover, Motlhokomedi life cover, Lore Funeral Master plan, Motlamedi funeral plan and Bosa Hospital Cash Plan, amongst others. Speaking at the product launch event held in Gaborone yesterday, Standard...

  • BTC shares up for grabs

    Through the privatisation, 51 percent of the parastatal will remain in the hands of government, while five percent will be reserved for citizen employees of BTC. The remaining 49 percent will be sold exclusively to citizens and citizen-owned...

  • BR eyes partnerships for turnaround

    Speaking to Mmegi Business this week after signing the performance agreement contract with the Ministry of Transport and Communications in Gaborone, BR CEO, Dominic Ntwaagae, said they aim to increase their revenue streams through partnerships with...

  • More parastatals tied to performance contracts

    This is in  line with government efforts to overhaul loss making state enterprises, which gobble billions of Pula annually in subventions from the national coffer. The compact is aimed at aligning performance expectations of the parastatals,...

  • Botswana improves on technology ranking

    The country is ranked 76 out of 144 countries, a major improvement from position 104th recorded last year. Briefing the media about the country’s performance on Wednesday, Botswana National Productivity Centre (BNPC) executive director, Baeti...

  • BNPC strives to improve work ethics

    Briefing the media yesterday, BNPC executive director, Tebogo Kesupile said currently they have more than 280 facilitators who will be   training the public sector on work ethics. “Our attitude to work as a nation is not good, so we...

  • Low internet usage presents investment opportunity

    While the mobile density is gradually increasing in Botswana, currently standing at 158 percent, internet usage is still low with less than 50 percent of the population utilising the service. Speaking during the ICT Pitso recently, Permanent...

  • Botswana to set up regional internet hub

    Speaking at the ICT Pitso held in Gaborone last week, Director of Telecommunications and Postal services, Cecil Masiga said currently internet traffic destined to Botswana and surrounding countries goes via South Africa instead of going directly to...

  • BIHL offloads loss-making business to BIC

    BIHL management decided to sell the product owned by its subsidiary, BIHL Sure! as it was continuously making losses in the group. In the comment on the published financial results for the half year ended June 30 2014, BIHL group chairman, Batsho...

  • Atlas complete acquisition of BancABC

    ABC group CEO, Douglas Munatsi said 96 percent of the bank’s shares have already been snapped up by the London Stock Exchange listed firm and only four percent of shares would be finalised after a shareholder vote. In connection with these...

  • Stanbic launches insurance for SMEs

    The insurance is specifically designed for businesses, covering all machinery, equipment computers and other assets of the operations. Launching the product yesterday, Stanbic Bank head of SME, Onkabetse Morapedi said the product has been introduced...

  • Francistown cllrs accuse BMC of ‘cheating’ farmers

    Last Thursday, after the BMC chief executive, Akolang Tombale addressed the Francistown City Council on progress since he took over, councillors took turns attacking the corporation, which had been for a while engulfed in scandals. The stage was set...

  • BIHL post solid profit growth

    This was largely due to the strong performance by its two flagship insurance and asset management arms. Despite the difficult domestic and global economic environment, both Botswana life Insurance Limited (BLIL) and BIFM Holdings each recorded a 30...

  • NewPlat debuts on BSE

    NewPlat is an instrument through which one can invest directly in physical platinum bullion through the Botswana Stock Exchange. NewPlat Securities are designed to track the price of platinum, and creates an investment tool enabling institutional and...

  • Maphanyane is MISA regional chair

    The veteran media activist, who chairs MISA-Botswana was elected to the regional post on Friday at MASA Centre, Gaborone. Maphanyane said he did not campaign but had to answer a call from his regional colleagues who have been courting him for the...

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