Author

Isaac Pinielo
  • Insurance Industry Bill gets Parly nod

    The Bill seeks to, amongst others, import all provisions relating to the insurance industry from the Non-Banking Financial Institutions Regulatory Act. Currently, the insurance industry is regulated under the Insurance Industry Act of 1987. The...

  • Air Botswana on steady recovery � GM

    OTP is the primary internationally accepted standard to measure airline’s operational efficiency. “Our OTP is a measure of our relevance to the shareholder strategy, contributing to the achievement of economic diversification and...

  • Stock market start Q3 on strong footing

    A weekly market update by Motswedi Securities research analysts, Garry Juma and Tlotlo Ramalepa, shows that a total of 4.8 million shares worth P19.9 million were transacted during the week. Of these volumes, the country’s largest microlender,...

  • Static salaries affect insurance industry

    Speaking to Mmegi Business, Kubu said pressure on disposable incomes is mainly due to inflation and non-adjustment of salaries, particularly among civil servants. “As a result we are rethinking business processes and product ranges, in order...

  • Power imports decrease due to Eskom shortages

    According to figures released by Statistics Botswana (SB) yesterday, the volume of imported electricity amounted to 451,092 Megawatt-Hour (MWH), when compared to 616,206MWH recorded during the first quarter of 2014. The shortages led the BPC to...

  • BOCCIM urges businesses to exploit global markets

    BOCCIM, which is in the process of rebranding to Business Botswana, made the call yesterday at a press briefing to launch the World Chamber Trust. The service aims to assist SMEs already active in, or interested in, developing new markets in...

  • Banks can weather the storm � Union

    Speaking to Mmegi Business, BOBEU general secretary, Lebogang Keabetswe said while they believe they can collectively weather the storm in the banking sector with the dedication of the employees, some banks are already looking for an easier way...

  • Hostile operating environment undermines Sechaba profitability

    Announcing the 2015 full-year results on Friday, Kgalagadi Breweries Limited (KBL) Managing Director, Johan De Kok said for the first time the alcohol levy is now higher than the official excise cost as it stood at P183.3 million as at December...

  • Sun defends move to �dominate� casino industry

    If granted regulatory approval, the acquisition of Peermont’s assets in Botswana will result in Sun International, which divested out of Gaborone Sun last year but retained the Casino business there, owning all casinos in Francistown and two...

  • BPOPF-backed fund to acquire Flo-Tek

    BOP is a partnership between the Botswana Public Officers Pensions Fund (BPOPF) and Capital Management Botswana (CMB), with the mandate to invest in businesses in Botswana. Flo-Tek chief executive officer, Vijay Naik, confirmed that negotiations for...

  • Bramer gets new lease of life

    BOP is a partnership between the Botswana Public Officers Pensions Fund (BPOPF) and Capital Management Botswana (CMB) with the mandate to invest in businesses in Botswana. Currently, Bramer Life is under statutory management following a financial...

  • New leadership magazine hits the shelves

    Known as Leadership Botswana, the publication will publish on a quarterly basis and will focus on issues of and feature articles on leadership. “Leadership Botswana is going to tell stories of true leadership.  It is going to include...

  • BMC raises prices to boost throughput

    On Monday, the abattoir issued an announcement stating that the incentive will bring more compliant cattle supply to the Lobatse plant. In an interview with BusinessWeek, public relations and communications manager, Brian Dioka said BMC currently...

  • Debt capital markets set to gain momentum

    The analyst, Ikanyeng Segonetso, said before the financial crisis, regulators moved in swiftly to draft rules and regulations intended to make the banking industry safer and more resilient to unexpected economic conditions. He stated in his research...

  • Property returns halve on softer market

    According to the IPD Annual Property Consultative Index released yesterday, the total return was underpinned by a relatively stable income return of 9.4 percent while capital growth slowed significantly to 2.0 percent from 10.2 percent the year...

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