Author

Isaac Pinielo
  • Tax avoidance schemes on the rise � BURS

    Transfer pricing is regarded as a tax avoidance scheme in which multinational corporations shift profits to low tax jurisdictions and avoid taxes in countries where they have substantial trading operations. On the other hand, base erosion and profit...

  • Motswedi Cooperative loses business to banks

    A consolidation loan is a loan made in order to combine several debts into one loan, usually for the purpose of reducing the monthly payments by extending them over a longer time period. According to the chairperson of Motswedi SACCOS, Sipora...

  • BEMA�s advocacy for manufacturers bears fruit

    BEMA had written a letter to the council’s city clerk querying the requirements of a tender for the supply and delivery of cold asphalt premix. The association insisted that the council revises its tender requirements so as to include local...

  • CAAB decries restrictive African air agreements

    Speaking at the opening of the fourth aviation safety symposium in Gaborone this week, CAAB chairman, Mark John Sampson said aviation has the potential to make an important contribution to economic growth and development within Africa. He said the...

  • Cooperatives to digitally centralise operations

    The initial processes of the system development, dubbed, “All Cooperatives Management Information Solution (CoopMIS), are already underway with the project expected to start soon. Board chairperson of Motswedi Savings and Credit...

  • Service Disruptions Rile Mascom Subscribers

    Of late, mobile phone users who subscribe to the Mascom network, expressed displeasure at the mobile phone giant, with some taking to the social media to vent their frustrations for what they say is “poor service”. Mascom is one of the...

  • Gov�t collects fresh employment data

    According to the bureau’s assistant industrial relations officer, Oarabile Thokoane, the data collection exercise is critical, as it will determine the number of local and foreign employees who are in the country, as well as their...

  • Economy needs sufficient biodiversity financing

    Biodiversity, which is described as the diversity of living organisms and the ecosystems of which they are a part, is said to be critical towards the sustenance of the agricultural and tourism sectors, which are the main contributors to the economy...

  • Bitcoin gains traction in Botswana

    A private clinic, Sharada Clinic, is one of the few that receive Bitcoin as a form of payment. Run by Dr Donald Ariisa, the clinic is the only health facility in the whole country that accepts Bitcoin. Ariisa told BusinessWeek that he was inspired...

  • BSE takes stock market awareness campaign to schools

    She was speaking to Mmegi Business in an interview about an exercise the BSE is conducting to tackle issues of financial literacy and to raise awareness about capital markets. It will be the first time that the BSE will be joining hands with school...

  • Botswana jumps up competitiveness rankings

    However, the country still lags behind when compared to South Africa and Mauritius. In the recently released 2017 Global Competitiveness Index (GCI) of the World Economic Forum (WEF), Botswana is ranked 64th out of 138 countries. This marks an...

  • Masama coal project targets export market

    The company’s directors are adamant that the project, which seeks to produce 2.4 million tonnes per annum for the export market, would be a success. Minergy chief executive officer, Andre Boje told Mmegi Business that the current price of...

  • Farmers urged to use climate-smart technologies

    Speaking during the Mosisedi Commercial Farmers Association (MCFA) harvest day held at Mosi Hill Farm on Saturday, Vice President Mokgweetsi Masisi said farmers can achieve high productivity if they use climate-smart farming technologies. “We...

  • Tokafala Looks To Grow Bigger

    “Module one of Tokafala was successfully implemented, delivering to targets. Focus must now be on transformation and catalysing Vision 2036,” he said. Wiggins added that Tokafala has created significant client impact, providing broad...

  • Economists call for �dramatic economic reform�

    These reforms, according to the experts, should be based on opening up the economy, deregulation and streamlining administrative procedures relating to all aspects of doing business in Botswana, for both citizens and foreigners. A first quarter...

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