Author

Isaac Pinielo
  • Mining industry turbulent in 2017

    Having experienced effects of the domestic economic contraction, the industry was dealt a severe blow by the closure of the BCL Mine in October of the prior year. According to the 2017 budget speech, the negative growth of the economy was mainly due...

  • PPADB inundated with lawsuits

    The Board’s latest annual report shows that PPADB lost one case, while two cases were withdrawn by the complainants, and six are ongoing. According to PPADB’s executive chairperson, Bridget John, a total of seven cases were carried...

  • Diamonds push mining production up

    The index of mining production (IMP) stood at 90.7 in the third quarter of 2017 showing a year-on-year increase from of 23% from 73.7 during the third quarter of 2016. According to the data office, the quarter-on-quarter analysis reflects an...

  • Value of awarded tenders up 53%

    This represented a 53% increase when compared to the previous year’s value of P3.9 billion. According to the latest PPADB annual report, the value of the tenders awarded exceeded financial threshold of Ministerial Tender Committees...

  • Botswana builds capacity to attain SDGs

    Majelantle expressed her confidence during a training workshop this week aimed at enhancing capacity amongst African member states to produce accurate and timely statistical information for monitoring and reporting on Agenda 2030. She said the...

  • WUC loses P500m through leaks, non-invoicing

    The corporation incurred a loss in revenue of over half a billion pula, its latest annual report shows. During the year under review, a total of 100.6 million kilolitres of treated water was pumped into the distribution networks, and only 71.8...

  • Call for gov't to share infrastructure with private sector

    ICT, which is one of the six national priorities, has been identified as a driver of the national economy. In a report published recently, the ministry said revision of the policy on sharing of key government infrastructure would go a long way in...

  • Retail sector leads in acquisitions

    During the 2016-2017 financial year, a total of 52 mergers were handled and out of this figure, the wholesale and retail sector recorded the highest number at 13 cases compared to 12 in the previous year. The other sector that had a significant...

  • Maize Meal Prices To Rise

    The association said although consumers will have access to maize meal on shelves, the price of maize meal will rise over the period December 2017 to February 2018. According to the association chairperson, Nkosi Mwaba, this is a result of local...

  • Batswana skeptical of Bitcoin

    While other Southern African countries such as neighbouring South Africa and Zimbabwe have embraced Bitcoin, in Botswana people still have reservations about this technology. As Bitcoin has a reputation for being unpredictable, unsafe and volatile,...

  • Govít to tackle poor projects delivery

    The ministry said this at a consultative meeting for roads and ICT [information and communications technology] projects held in Gaborone this week. Permanent secretary in the ministry, Kabelo Ebineng said they are concerned that it is not getting...

  • Molefhi blames consultants for projects overruns

    Officiating at the Construction Pitso in Gaborone recently, the minister said it has become a common practice that government projects always experience delays culminating in contract periods for construction projects being exceeded while progress on...

  • BHC uphill task to plug housing deficit

    Rapid urbanisation coupled with limited supply of serviced land has resulted in a backlog as housing supply, both for rental and purchase, does not commensurate demand. During the half-year period ended September 30, 2017, BHC chief executive...

  • Analysts optimistic about Choppies Zim prospects

    According to Donald Motsomi, research analyst at Stockbrokers Botswana, Zimbabwe is rife with euphoria and optimism, especially given the new administration’s positive rhetoric towards resuscitating the country’s battered...

  • CA sales expands regional footprint to Zambia

    CA Sales, which operates within the fast-moving consumer goods (FMCG) space, announced its acquisition of 49% of the issued share capital of Warbrands in Zambia. The principal business of Warbrands is the importation and nationwide distribution of...

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