The assets under management as at June 30 include P6.8 billion from Bifm’s Zambian operations and P2.6 billion from BIFM Unit Trusts. In a statement released after the asset manager’s recent interims, Bifm officials said operating profits for the...
SABF encapsulates most companies originating in South Africa that operate in Botswana, as well as some local companies which wish to take their operations to SA. The SABF currently comprises 22 companies.SABF chairman, Werner De Beer, said the new...
The event, organised in collaboration with Sandfire Resources, aims to promote gender diversity, inclusion, and equality within the mining industry, while also fostering economic development and strategic partnerships to empower women in...
BBS Bank, the country’s sole indigenous commercial bank, is expected to unveil its interim results no later than September 27. In a cautionary to investors this week, BBS Bank directors said the pretax profits for the half year to June 2024 were...
According to documents shared with investors via the Botswana Stock Exchange (BSE), RDC recently revised the initial offer it tentatively put to PrimeTime unitholders in late June. Now, in the formal offer, known as a Firm Intention Announcement and...
BIHL’s half-year financial results, posted last week, revealed a dip in the group’s operating profit coupled with a sharp decline in accounted earnings which dropped by 39% due to “underperformance of Letshego Africa Holdings as impairments...
Arkwright is a global leading strategy and management firm.The bullish local mobile money market, as of March 2024, had a total of 1.1 million subscribers, placing the country ahead of its regional counterparts and signifying the strong penetration...
Speaking at a renewable energy projects briefing last week, Moagi told officials that progress should be accelerated, or those responsible would face severe consequences.Moagi’s ire was sparked by revelations from Mukani Thapelo of the ministry’s...
“We invested a total of P7.2 million in this project and if you look around you will see the difference. “A total of P6.4 million was allocated to slots acquisition and relocation,” Ntire said on Tuesday during a tour. Ntire shared that the...
The owner of The Hot Chilli Sauce, which is based in Gaborone’s Main Mail, explains that it is the reason behind her delicacy selling for a premium. In an interview, Tshenolo Pearl Mogotsi, said her product is distinct not only for its flavour but...
The Botswana Stock Exchange-listed company posted after tax profits of P17.8 million for the half year ended June 2024.It had posted a year end loss of P149 million last year, with financials harmed by investments in markets such as Nigeria and...
He revealed the figures when giving an update on the status of the town last week during a Full Council meeting. The sitting is the last edition of the Selebi-Phikwe Town Council (SPTC) Full Council meeting before the general election, later this...
The national carrier currently has a fleet made up of an Embraer jet and three ATR servicing routes from Gaborone to Johannesburg, Cape Town, Kasane, Maun and Francistown. Amongst the new additions is an 88-seater aircraft named Kalahari, which now...
The call was made by Minerals and Energy minister, Lefoko Moagi, when speaking at the launch of the 2024-25 112 Villages Rural Electrification Project at Khwee village. “I encourage all Batswana to take advantage of the newly intrduced free...
The newly installed solar power system is set to significantly reduce the electricity costs for the school, allowing it to redirect funds to other vital activities.Speaking at the handover ceremony recently, BDMA chairman, Siddarth Gothi, highlighted...
CEEP was established in 2019 to reinforce Debswana's 'Building Forever Strategy'. Through the strategy, the mine has sought to procure more of its goods and services from citizen producers and suppliers, while developing supplier...
Should it acquire the licence, BotswanaPost would shake up the industry, as it would be only the country’s second indigenous bank while carrying one of the most powerful and enduring brands in the country.Postal services have suffered the brunt of...
Dekop revealed this during the 17th Biennial National Business Conference, themed 'Invigorating Economic Transformation through the Private Sector' and organised by Business Botswana last Sunday.“For 2024, initial projections announced by...
The president of BB Neo Nwako made the remarks at the 17th edition of the NBC, which ended here this week. The conference which was themed 'Invigorating Economic Transformation through the Private Sector', attracted 500 participants from...
The project, which was officially launched by the Minister of Minerals and Energy, Lefoko Moagi, aims to connect 20 new villages to the national grid and upgrade electricity infrastructure in 92 existing villages.The initiative is part of the...
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