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KHAMA’S ZOMBIE ECONOMY: S&P THREATENS TO DOWNGRADE BOTSWANA
International credit rating firm, Standard & Poor (S&P) warned this month that Botswana faces a “deteriorating outlook” in 2017, a move that suggests the dreaded downgrade from A-/A-2 sovereign...
View ArticleCA BLOCKS TRANSPORT HOLDINGS FROM KBL’S TENDER
The Competition Authority (CA) has barred South African owned Transport Holdings (TH), and its subsidiaries from competing for any tender that might arise from a split between Kgalagadi Breweries...
View ArticleDIS gets largest share of OP development budget
The Minister of Presidential Affairs, Governance and Public Administration, Eric Molale says the Directorate on Intelligence and Security (DIS) will get the largest requested share of the Ministry’s...
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Messidor gets BPOPF’S P300m Hilton contract
Botswana Public Officers Pension Fund (BPOPF) has landed a final blow on the already limping Fleming Asset Management company, by terminating a P300 million contract for the construction of a hotel...
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BPC ‘EATS’ MORE CASH, DESPITE REDUCED POWER IMPORTS
Despite having exhausted its subvention fund, and consequently forcing government to drawdown foreign reserves to fund the importation of electricity, Botswana Power Corporation (BPC) actually recorded...
View ArticleSCRAMBLE FOR PULA STEEL SHARES
The BCL is set to lose a lion’s share of its stake in the troubled outfit Pula Steel after the mining company was controversially diluted by its partner in the subdiary Citizen Entrepreneurial...
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GEARING TOWARDS MICRO-FINANCING
Thamane Thamane’s dominance could be felt in the mini-boardroom, where he sits facing the boardroom door, with his back against a giant window, designed to expose the activities of Gaborone’s Central...
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KHAMAS PARTY AMIDST FINANCIAL RUIN
Tshekedi Khama • TK, BTO roll carpet in Berlin • Taps and phone lines cut at indebted Dept of Tourism • ‘Ministry living beyond means’ • Dept of Wildlife favoured, claim As the Minister...
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BIFM local equities hang onto Barclays gains
Barclays Bank of Botswana provided positive gains to Botswana Insurance Fund Management’s (BIFM) local equities, picking up the shortfall in earnings from Choppies Holdings Limited and Sechaba...
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CHOPPIES’ FORCEFUL HASSLE FOR THE SA MARKET
GABORONE, October 20,2011 With staggering growth in South Africa at the height of towering competition and economic headwinds, one can only say, ‘the struggle continues’ for Choppies Enterprises...
View ArticleCHOPPIES ZIMBABWE ON A REBOUND
Choppies Holding Limited stores in Zimbabwe snapped back in the last half of 2016 amidst the furor over shortage of cash. For the six month ended 31 December 2016, profits increased substantially on...
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BSE ESTABLISHES SME BOARD
GABORONE 10 March 2016, (Pic:MONIRUL BHUIYAN/PRESS PHOTO) The Botswana Stock Exchange (BSE) is in the process of establishing a fresh separate board for Small Medium Enterprises (SME), named ‘Tshipidi...
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More shenanigans in BMC privatisation
LOBATSE, BOTSWANA, APRIL 15,2011, Botswana meat commission (BMC) (Pic: Press Photo) In parliament this week, junior minister for Agricultural Development and Food Security, Kgotla Autlwetse avoided...
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MIXED RESULTS FOR FOUR DEPARTING GOVERNMENT CEOS
This year only four CEOs of the top government parastatals have not had their employment contracts renewed, making contract renewals the most effective way of showing someone the door. BOTSWANA...
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Mozambique: Letshego’s problem child
Being a man who has headed institutions like the mighty Goldman Sachs, Low is unfazed by the Mozambican currency translation losses. He says it is just beyond his control, adding however that his...
View ArticleStanchart may appoint a foreign CEO-sources
In the sprint for the post of Chief Executive Officer (CEO) at Standard Chartered Bank Botswana, The Business Weekly & Review has established that major shareholders at Standard Chartered PLC in...
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Banks run under poor risk management – BoB
Bank of Botswana Governor Moses Dinekere Pelaelo(Pic:MONIRUL BHUIYAN/PRESS PHOTO) Bank of Botswana (BOB) governor Moses Pelaelo says banking systems ought to invest more in risk management...
View ArticleThe creation of a behemoth asset manager
In less than five years, Kgori Capital Botswana (formerly Afena Capital Botswana) has grown to manage assets of approximately P7 billion. In an interview with Managing Director (MD) BAKANG SERETSE,...
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THE TROUBLE WITH TSHETLHA: The Genesis of a Savior Complex (part 2)
In this second part of the series, staff writer TSHIRELETSO MOTLOGELWA explores Ian Khama’s childhood as a basis of the military heroism and savior complex which later had a dominant influence in his...
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THE TROUBLE WITH TSHETLHA: The Genesis of a Savior Complex (part 2)
President Ian Khama likes to hang around Batswana he calls the less fortunate – the rural poor and urban township dwellers. He enjoys it when he happens upon an unsuspecting street hawker and she...
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