BTCL beefs up talent pool
Chairperson of the Board of Directors at Botswana Telecommunications Limited (BTCL), Daphne Matlakala will cease to be board chair, after shareholders took a decision to appoint experienced corporate...
View ArticleLetshego shares jump, as it buys back shares
The share price of the colossal microfinance firm, Letshego Holdings Limited accelerated 17 percent. Market watchers say the company’s ongoing ‘share buyback plan’ may have excited investors. By...
View ArticleLETSHEGO:THE RISE OF A BOTSWANA BORN FINANCE COMPANY
The Letshego story began with a vision in 1998, to provide much needed access to finance to many Batswana. Built on a solid foundation, excellent customer experience and strong partnerships, Letshego...
View ArticleWhy I fired BOTC board: Seretse
The Minister of Investment, Trade and Industry Vincent Seretse has told The Business Weekly & Review that he had valid reasons to fire the Botswana Trade Commission (BOTC) board. In a telephonic...
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BCL mine (Pic:Taelo Maphorisa/BWR) Investigations reveal that when Daniel Mahupela was appointed Managing Director in 2011, he took over a profitable copper mining giant. In fact his appointment was...
View ArticleCrisis at Cresta
Is it just a matter of time before the board of directors at the leading hospitality services company, Cresta Marakanelo Group give a boot to Managing Director Tawanda Makaya and his Chief Finance...
View ArticleMoney up for grabs in the domestic bond market – Tsheole
Local companies should tap into the abundant pool of funds in the domestic bond market to help boost depth and liquidity, says Thapelo Tsheole, Chief Executive Officer (CEO) at Botswana Stock Exchange...
View ArticleStrive Masiyiwa forms Telecoms Company with BPC
The original founder of Mascom Wireless, Strive Masiyiwa is back in the local telecommunications market, after striking deal with Botswana Power Corporation (BPC) to establish a company that will...
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GUMA AND TSHEKEDI IN TITANIC CLASH
Chairman of the Committee on Statutory Bodies and State Enterprise, Guma Moyo says the committee will subpoena the Minister of Environment, Natural Resources Conservation and Tourism Tshekedi Khama...
View ArticleThe dying ghetto
Prior to independence Francistown was the largest commercial centre in Botswana. Founded by British prospector and miner Daniel Francis, who prospected for gold in the area in late 1800s. Initially, it...
View ArticleBOOING, SLIM MARGINS AND THE BCL SHUT DOWN
Something happened to Nonofho Molefhi, MP for Selibe Phikwe last week that many people would not wish on their worst enemies. When Vice President Mokgweetsi Masisi mentioned Molefhi’s name the crowd at...
View ArticleSefalana raises cash for regional expansion
Botswana’s second largest retail supermarket, Sefalana Holdings, is in the process of rising a quarter of a billion Pula on the capital market. Market watchers say the company is in a quest to further...
View ArticleMatambo blames NDB act for the bank woes
The Minister of Finance and Development Planning Kenneth Matambo has come to the rescue of the embattled National Development Bank (NDB) citing that its founding legislation restricts the Bank from...
View ArticleGovernment target BPOPF’s billions
Government has moved to effect the Retirement Funds Act 2014, which sources say is a plan by the state to purge union representatives within the Botswana Public Officers Pension Fund (BPOPF) board of...
View ArticleMining contagion threatens BSE’s retail giants
Market analysts have warned that the reduction of mining activities, both locally and in economies highly dependent on the export of limited diversification in commodities poses an immediate threat to...
View ArticleA PERFECT CORPORATE HIT JOB
The working men and women in reflectors and wrap-around industrial grade eye-wear were dead men walking for the last 6 months and they did not even know it. As early as July all of them milling about...
View ArticleNo ‘fat cheques’ for Sechaba shareholders
The prospects of a ‘fat dividend’ to shareholders of the country’s sole beer brewing company, Sechaba Breweries Holdings Limited have shrunk drastically, after the Chibuku producer saw a major decline...
View ArticleBIFM, AFENA, profit from Fleming’s P4bn loss
After Fleming Asset Management lost over P4 billion worth of assets it previously managed on behalf of the Botswana Public Officers Pension Fund (BPOPF), Botswana Insurance Fund Management (BIFM) and...
View ArticleGOVT TO RELAUNCH AIR BOTSWANA PRIVATISATION
Air Botswana, the national airliner’s sale is once again on the cards due to its continued loss in revenue. According to the newly appointed Minister of Transport and Communications Kitso Mokaila...
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Lucara diamond Corp in P100m ‘fraud’ scandal
Lesedi la Rona Diamond (Pic:robbreport.com) Four members of the executive management at Karowe Diamond Mine have been fired, after they have been found to have dubiously acquired over P100 million...
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