Business :: Mmegi Online

Thursday, December 02, 2021

High inflation to last longer than forecast

The Bank of Botswana (BoB) now expects inflation to drop to the three to six percent target range by the third quarter of next year, a revision from the original forecast that this would happen in the second quarter of 2022.

Mbongeni Mguni | 02 December 2021

Pain in the pocket: The price of cooking oil has risen by nearly 30 percent in the last 12 months PIC PHATSIMO KAPENG

In need of a boost: More CEDA funding would boost the Francistown economy which has struggled since the closure of Tati Nickel Mine in 2016 PIC KEOAGILE BONANG

Poor business plans overwhelm CEDA

FRANCISTOWN: Poorly prepared business proposals have inundated the Citizen Entrepreneurial Development Agency (CEDA), which has seriously impeded its efforts toward improved allocation of funds to some applicants.

Chakalisa Dube | 30 November 2021

Lapologang Molemele PIC: KENNEDY RAMOKONE

Molemele's Startup Pivots Create DC Empire

Serial entrepreneurs are becoming more common. However, the difficulties with handling more than one business or starting afresh have not waned at all.

Pauline Dikuelo | 29 November 2021

BDIH, ANB Scout For Talent

Botswana Digital and Innovation Hub (BDIH) and Angel Network Botswana (ANB) have collaborated to host a Deal Day (pitch day) to scout talent.

Pauline Dikuelo | 29 November 2021

Motheo project ground breaking PIC: PHATSIMO KAPENG

Motheo Project On Expansion

Coal and coal-bed methane (CBM) could provide interim solutions for energy security in Botswana’s transition to cleaner electricity, says the Minister of Mineral Resources, Green Technology and Energy Security, Lefoko Moagi. Speaking during the Morupule Coal Mine’s Motheo Project recently, Moagi said the P1.7 billion open cast mine, known as Motheo, will add onto Morupule Coal’s existing 2.8 million tonnes per annum underground mine, which has been in operation since 1973.

Pauline Dikuelo | 29 November 2021

Coming soon: The process to reopen Mowana Mine has taken another critical step PIC: BWGOV

Creditors approve Mowana takeover deal

Creditors of Mowana Mine have approved the takeover deal proposed by a Dutch wealth manager who has offered to clear up to P800 million they have been owed since the copper mine went into judicial management in December 2018.

Mbongeni Mguni | 26 November 2021

Troublespots: Smooth project delivery means services are delivered efficiently to taxpayers PIC: MORERI SEJAKGOMO

PPADB slams procuring entities’ lapses

The Public Procurement and Asset Disposal Board (PPADB) has slammed the continued failure to submit end of activity reports by procuring entities, saying this hampers the performance monitoring of contractors in the implementation of government projects.

Pauline Dikuelo | 26 November 2021

Thinking regional: Jacob has his eyes set on expansion PIC: PHATSIMO KAPENG

The Bulb World finalises P50m funding for SADC expansion

Fast-rising local LED manufacturer, The Bulb World is finalising a P50 million round of funding that will enable the company to expand further into the SADC region, BusinessWeek has learnt.

Mbongeni Mguni | 26 November 2021

Under pressure: The BMWU wants an inspection conducted at Mupane Mine

BMWU goes ahead with lawsuit against gov’t

FRANCISTIOWN: The Botswana Mine Workers Union (BMWU) is going ahead with a court bid to force the Department of Mines to inspect Mupane Gold Mine and SVU (Pty) Ltd facilities, whom they accuse of violating working conditions of their respective employees.

Chakalisa Dube | 26 November 2021

Humble roots: BotswanaPost is intensifying its push into new business areas, as technology overtakes the traditional mail service

BotswanaPost steps up diversification drive

BotswanaPost is leveraging on technology and smart partnerships to enhance its existing products and services in a drive to diversify its revenue streams.

Pauline Dikuelo | 19 November 2021

Gov’t finetunes plans for parastatal rationalisation

Mbongeni Mguni | 19 November 2021

ExpressCredit raises P103m for local microlending

Mbongeni Mguni | 19 November 2021

BIH rebrands to BDIH

Pauline Dikuelo | 17 November 2021

SEZA, BUAN Sign MoU To Boost Agro-Production

Staff Writer | 15 November 2021

Innovation Hub, FNBB Create Funding Opportunities

Pauline Dikuelo | 15 November 2021

CEDA Launches Cooperatives Product

Pauline Dikuelo | 15 November 2021

Assistant Health Minister, Sethomo Lelatisitswe in Parliament today

Omicron cases show mild or no symptoms - Lelatisitswe

None of the Omicron variant cases identified so far have required hospitalisation or oxygen support, assistant Health Minister, Sethomo Lelatisitswe told Parliament today.

Batswana, foreigners up for gun related offences

FRANCISTOWN: Five men inclusive of two Batswana, two South Africans and a Zimbabwean are in serious trouble following their arrest for ‘possession of arms and ammunition and an alleged expensive stolen car worth more than P1 million’.

Dumelang Saleshando PIC: KENNEDY RAMOKONE

Morwaneg Kills Saleshando's 'No Confidence' Motion

The Minister for Presidential Affairs Governance and Public Administration, Kabo Morwaeng has shot down Leader of Opposition (LOO) Dumalenag Saleshando’s motion of no confidence in the government.

Khama and Kgosi during their BDF days PIC: SKIK

DIS accuses Khama, Kgosi of theft

The Directorate of Intelligence and Security (DIS) says the pair of former president Ian Khama and his ally former director-general of the DIS, Isaac Kgosi have over the years been stealing and stockpiling firearms from the Botswana Defence Force and later the DIS.

Male 'genital-like' PIC: MORERI SEJAKGOMO

Male ‘Genital-Like’ Form Found In Trash

Maruapula residents are reeling in shock after what is suspected to resemble human male genitalia was discovered in a dustbin cage behind the Choppies Supermarket in the area on Thursday.

Minor arrested for allegedly killing brother

Police have arrested a minor for allegedly stabbing and killing his brother last night at Seleto ward in Molepolole.

Paralysed Man Pleads For Police Aid

Wheelchair-bound Karabo Tlhakole, 36, has shared his sad plight with The Monitor on how he walked into Borakanelo Police Station a normal healthy individual only to leave a paralysed man.

Hooliganism Uncool!

It was not only hazardous to others but also embarrassing and shocking. The outbreak of COVID-19 forced governments to impose restrictions to curb the spread of the potentially fatal virus, and one of them was a temporary ban on festivals and music shows. While necessary, these decisions affected the incomes of music promoters, musicians, different companies, which deal with sound equipment amongst others. Now that most of the restrictions have...

The Monitor Editor | 29 November 2021

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