Business :: Mmegi Online

Wednesday, December 04, 2024

The country’s listed commercial banks are amongst the biggest gainers on the Botswana Stock Exchange (BSE) thus far this year, led by Standard Chartered Bank Botswana, whose share price had risen by 32.3% as at the end of November.

Mbongeni Mguni | 04 December 2024

In the lead: Standard Chartered Bank Botswana CEO, Mpho Masupe. The bank is currently leading the BSE in terms of share price gains this year

BTC profit after tax jumps by 57%

Local telecoms service provider, the Botswana Telecommunications Corporation (BTC), has noted a surge in profits during its half year ended September 30, 2024.

Lewanika Timothy | 03 December 2024

Frokane Investments locks. PIC BY MORERI SEJAKGOMO

Frokane leverages tech to address security challenges

As the local economy continues to embrace technology to enable seamless running of many enterprises, one local innovator has found ways of transforming security solutions in the country.

Otlarongwa Kgweetsi | 03 December 2024

BHC’s revenues up, profits decline

The Botswana Housing Corporation (BHC), the state owned property developer, has seen mixed fortunes in its interim results for the year ended September 30, 2024.

Pauline Dikuelo | 03 December 2024

Gov’t to pilot affordable housing scheme from January

Botswana’s new administration is expected to start rolling out its ambitious housing scheme from next January, which does not only aim to provide roof over the top of many citizens’ heads but also create jobs in the process.

Otlarongwa Kgweetsi | 03 December 2024

FSG targets threefold business growth in 2029

The Funerals Service Group (FSG) is seeking to triple the value of its business in the next five years as it looks to revive its regional counters.

Staff Writer | 03 December 2024

Leading the industry: Moemedi Malindah is the CEO of the Botswana Public Officers Pension Fund, the country's biggest pension fund

Pension funds near PFR 2 target

Local pension funds held 41.9% of their P149.4 billion assets domestically as at September, slightly behind the NBFIRA target of 41%, Bank of Botswana figures indicate.

Mbongeni Mguni | 03 December 2024

Demystifying the hemp industry

Botswana is on the verge of entering the hemp industry, a move poised to revolutionise its economy and introduce innovative uses for hemp-based materials.

Pauline Dikuelo,Sharon Mathala | 29 November 2024

Pension funds reach P139bn

Pension funds in the country surged to P139 billion in 2023, marking an 18% increase from the P118 billion recorded in 2022.

Pauline Dikuelo | 29 November 2024

De Beers sees surprise jump in festive sales

De Beers CEO, Al Cook, says initial diamond sales over the key holiday season are proving surprisingly stronger than expected.

Mbongeni Mguni | 29 November 2024

Letshego secures £15m senior loan

Larona Makhaiza | 26 November 2024

Diversification tops new admin's economic agenda

Lewanika Timothy | 26 November 2024

CCA gets P42m financial rescue from gov't

Lewanika Timothy | 26 November 2024

ASEA Conference: African capital markets converge in Gabs

Staff Writer | 26 November 2024

Magosi shared that he bid farewell to the former President Masisi PIC: MORERI SEJAKGOMO

DIS knew the BDP would lose – Magosi

After a historic election that saw the Umbrella for Change (UDC) wrestling power from the Botswana Democratic Party (BDP), the Director General (DG) of the Directorate of Intelligence and Security (DIS), Peter Magosi, claims the security organ had the intelligence and knew the BDP would lose power after a 58-year rule.

Ian Khama with his brothers Tshekedi and Anthony Khama. PIC IAN KHAMA FACEBOOK PAGE

'Still not safe for Tshekedi and Anthony'

Former president and now Kgosikgolo of Bangwato, Ian Khama, has implied that it is still not safe for his family despite the regime change after 58 years.

Serogola setting at the back stands during the welcome ceremony of Bangwato Kgosikgolo Ian Khama. PIC PHATSIMO KAPENG

‘Serogola has no place in our Kgotla’

SEROWE: Whilst Kgosikgolo Ian Khama and Bagammangwato were in a jubilant mood over the weekend as the former president was welcomed back to take charge, a former hero in the Bagammangwato, Kgosi Serogola, rues the day.

Magosi and his team duly renewed hope for the somewhat battered reputation of the security agents

Restoring the battered reputation

After a security glitch that nearly derided the security agents at the National Stadium during President Duma Boko’s inauguration ceremony almost a fortnight ago, the President’s close protection officers seem to have redeemed their somewhat battered reputation. Writes Mmegi Staffer RYDER GABATHUSE

Tough: Morupisi in a previous court session consulting with his former attorney, Busang Manewe. PIC: MORERI SEJAKGOMO

Morupisi faces possible jail time

The Court of Appeal (CoA) has ripped apart the High Court's sentence for Botswana Patriotic Front (BPF) chairperson Carter Morupisi, saying there is no justification as to why he was not given a custodial sentence looking at the severity of the offence.

BDP replaces top brass

Following the recent resignations that have rocked the Botswana Democratic Party (BDP), the party has moved swiftly to replace the vacant positions with Dr Lemogang Kwape assuming one of the most critical positions in the Central Committee, the secretary-general.

Brave Heart provides Conference & Event Technology.PIC.BRAVE HEARTS FACEBOOK

Brave Heart demands payment for Boko inauguration

A local company, Brave Heart, which was engaged during President Duma Boko’s inauguration is demanding payment in the sum of P750, 000 for service rendered.

A step in the right direction

It has only been a month since the newly elected government, the Umbrella for Democratic Change (UDC), took power, and there are already a lot of changes. Across different ministries, ministers are hard at work. Following heavy rainfall and storms that hit Francistown recently, the Minister of State Presidency, Moeti Mohwasa, made a commitment that government will assist those affected by the heavy rains. Mohwasa, when addressing the media in...

The Monitor Editor | 03 December 2024

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