Author

Isaac Pinielo
  • High diamond exports extend trade surplus

    Total exports for that month were valued at P5.38 billion, showing an increase of 41.5% from the April 2017 value of P3.80 billion. According to SB, the increase is mainly due to a rise of 41.3% in diamond exports, from P3.53 billion in April 2017...

  • BSE banishes Galane over unpaid listing fees

    In a statement last week, the BSE said it has taken a decision to unilaterally terminate the listing of Galane Gold. The termination follows an earlier suspension that was imposed on the company on July 13, 2017. BSE head of market development,...

  • Businesses urged to utilise trade agreements

    Kenyan High Commissioner to Botswana, Ambassador Jean Wambui Kimani made the call at the official opening of the Botswana Consumer Fair in Gaborone on Monday. She said businesspeople from the two countries should establish long-term networks to grow...

  • When numbers don�t make sense

    While some people see this as a welcome development to the country, whose unemployment rate once hit a record high of 26.2% in 2008, others question the figure or its significance, saying it might not reflect the realities of Botswana’s job...

  • Millers look to discontinue grain imports

    Currently, the millers consume a total of 120,000 tonnes of white maize per annum, of which the majority is imported from South Africa (SA) and other global suppliers such as the United States (US), Mexico, Argentina and Brazil. According to the...

  • Millers decry �dumping� of SA products into local market

    The association’s chairman, Nkosi Mwaba said this is particularly so in wheat flour products that he said are being dumped into Botswana at below cost. “Sadly, the Ministry of Investment, Trade and Industry has taken a decision to remove...

  • Shock as unemployment levels decline

    Statistics Botswana statistician general, Anna Majelantle told the media yesterday that Botswana’s total population aged 18 years and above was estimated at 1.268 million of which 838,002 were economically active. “Of the 838,002...

  • KBL sales volumes continue to decline

    In the six months to June 30, 2017, KBL suffered a 6.3% slide in total sales volume to 909,800 hectolitres from 970,700 hectolitres in the prior year. Sechaba, which holds a 60% shareholding in KBL with the remainder owned by AB InBev, saw a decline...

  • SADC-EU EPA creates impetus for Botswana cattle farmers

    Taking into account the different levels of development of the partners, the EPA gives Botswana, Lesotho, Mozambique, Namibia, and Swaziland duty-free, quota-free access to the European market. Having come into effect in October last year, the new...

  • CA loses P114m bid-rigging case again

    The companies, Creative Business Solutions, trading as Bread & Butter Foods and Rabbit Group, were said to have colluded to divide tenders worth a combined P114 million amongst themselves. The companies were also accused of having conspired to...

  • Gov�t to support citizen investors in fuel industry

    Through Botswana Oil Limited (BOL), citizen emerging companies will be offered training on the operations of the industry, facilitating their participation and availing opportunities for them within the value chain. BOL government and stakeholder...

  • Textile and clothing institution underused

    TCIB founder, Mohammad Ghafoor said the reason for this is that the Department of Tertiary Education Financing (DTEF) stopped sponsoring students to study for certificate courses. Accredited by the Botswana Qualifications Authority (BQA), he said...

  • BBS profit drops on subdued housing market

    For the twelve months to March 2017, the society earned a profit of P47.9 million, reflecting a 13% decrease from P54.9 million the previous year. BBS managing director, Pius Molefe said the decline in profit was exacerbated by the fact that the...

  • Toyota maintains consumer popularity

    According to the recent registration figures aggregated by Statistics Botswana (SB), Toyota contributed 42.7% of the total 10,876 vehicles registered for the first time during the quarter under review. Of the total 4,640 Toyotas registered for the...

  • Postal mail volumes drop as ICT takes over

    The statistics show that the total volume of posted parcels decreased by 1.3% in 2015, from 18,571 total parcels dispatched in 2014 to 18,815 parcels in 2015. Foreign received parcels decreased by 56.3% in 2015, reducing from 7,202 parcels in 2014...

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