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Rail Park mall remains a hit with consumers
Rail Park Mall has successfully maintained its position as Botswana’s favourite destination mall for over five years now. It’s fifth anniversary is a landmark achievement driven by the loyalty of its...
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BPC forms telecoms network provider
Botswana Power Corporation has joined hands with an international telecommunications company to establish a new telecoms network provider. Liquid Telecom group, which has operations in selected African...
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Sefalana keeps regional push alive
Diversified retail group, Sefalana has entered Lesotho market through a brownfield model, a development which has kept its regional push alive. Late yesterday (Thursday), the company announced that it...
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Furnmart closes Zambian operations
Furniture group, Furnmart this week notified shareholders that year-end results will be delayed as the company has just begun winding up one of its non-Botswana operations. The said subsidiary is in...
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StanChart mulls Islamic banking in Botswana-report
Standard Chartered plc, a leading global bank is seeking three Islamic banking licences in Africa, including Botswana, international media has reported. According to reports, the London Stock Exchange...
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VP promises improved business environment …as local tech company, Almaz launches
Government will continue to provide a conducive environment for local companies to thrive and eventually become internationally competitive, the country’s Vice President has said. Mokgweetsi Masisi was...
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FNB clients fast ditching branches for digital
The amount of time the average First National Bank customer spends in a branch will fall to 86 minutes in 2016, from 100 minutes in 2015, a decline of 14percent year on year, FNB Business chief...
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Karowe mine shows strong cash discipline
Lucara Diamond has decreased operating cash costs in its Karowe mine due to high power costs and an increase in tonnes processed. In its third quarter report, Lucara Diamond indicated that Karowe’s...
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Travel Lodge opens Gaborone conference facility
The vision of hospitality business, Travel Lodge, is to have a footprint in parts of the country that tourists and business travellers will want to visit, the company’s Director, Gaurang Mooney said at...
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Ba Isago aims high
Ba Isago, a leading private tertiary institution in the country, is upbeat at prospects of offloading half of its issued shares to a South African education group, saying it will help the company...
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Sechaba changes financial year-end
Sechaba board of directors has resolved to change the company’s financial year end from March 31st to 31st December, the company disclosed on Wednesday. The company, which is a parent to Kgalagadi...
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Shumba upbeat on coal price recovery
Shumba Energy, the forthcoming energy developer is upbeat that the international coal market will bounce back, led by biggest consumers such as China and East Asia. The company is currently at various...
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Food industry needs to be regulated – expert
Botswana Food Science Technology Association has called for a regulatory body to monitor foods sold in the market since some of them are not fit for human consumption. The association’s President Dr...
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PrimeTime pushes for SA retailers licensing
PrimeTime Property Holdings is working with government to secure licences for South African shops at the new Pilane Mall, managing director, Alexander Kelly has revealed. Kelly said their long-term...
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BHC turns the corner
Botswana Housing Corporation has sprung back to profitability for the six-months results to September 2016 as a result of cost cutting measures and impressive performance from income received from...
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Barclays accelerates start-ups’ market expansion
Africa has tremendous untapped potential to not only pioneer its own creative solutions for its unique contexts but to also create solutions that the rest of the world can adopt for their own contexts....
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Big banks take knock on BCL fall
Two of the country’s biggest lenders- Standard Chartered Bank Botswana and First National Bank Botswana - are expected to report dampened financials because of BCL closure. The commercial banks, which...
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Liberty, Orange in fresh deal
Liberty Life Botswana and Orange Botswana this week launched a strategic partnership; where Liberty clients will be able to pay their policies through Orange Botswana’s mobile money payment platform -...
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StanChart CEO resigns
Standard Chartered Chief Executive Officer Moatlhodi Lekaukau has resigned, ending a five-year stay at the high office of the listed lender. The company board, which is chaired by Prof Bojosi Otlhogile...
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Cashbuild to add more stores
Cashbuild is on the lookout for more acquisitions. New stores and acquisitions have boosted profits for the six months to end December. In its latest results, Cashbuild, southern Africa’s largest...
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