Mmelesi starts work in his new post at Group level
Frederick Mmelesi, former Letshego Financial Services Botswana (LFSB) Chief Executive, this week resumed his new role as Letshego Group Head of Consumer Solutions, whilst Boikhutso Tekane takes on LFSB...
View Article‘BPOPF hotel project to empower locals’
Botswana Public Officers Pension Fund (BPOPF) Chief Executive, Boitumelo Molefe this week disclosed that the multimillion Pula Hilton Garden Inn Hotel project will drive citizen economic empowerment....
View ArticleSARB decides on Barclays plc Africa exit
The London headquartered Barclays PLC has applied to the South African Reserve Bank for approval to reduce its shareholding in the Barclays Africa Group to below 50 percent. In a recent Xnews...
View ArticleCresta to fill top two posts
CEO, CFO positions vacantLocal, foreigners show interest The process to appoint Managing Director for Cresta Marakanelo and Chief Finance Officer is said to be at an advanced stage. In an inquiry by...
View ArticleDebswana jittery on global economy
Debswana mining company has indicated that global trading conditions continue to be uncertain. In resposne to Botswana Guardian inquiry this week on the possible implications of the Dineo Cyclone which...
View ArticleBotswana Oil sets up mobile filling stations
Botswana Oil Limited (BOL), a government company plans to set up mobile filling stations, beginning with five, in remote places that are currently not being serviced by big companies, an official has...
View ArticleOld Mutual - enabling positive futures
Old Mutual has officially launched its subsidiary Old Mutual Botswana Life Insurance Company with a goal to participate more meaningfully in growing the local economy and improve the lives of Batswana....
View ArticleUpbeat RDC to increase portfolio in Botswana
RDC Properties, the leading property company this week disclosed that it will increase its investment portfolio as the group continues to record increased profits in a challenging market. Speaking at...
View ArticleFurnmart upbeat on half-year results
Furniture group, Furnmart Limited has announced that it expects more than 10 percent increase in its half-year results ended January 2017 than the previous period. This will be good news to...
View ArticleStanbic Bank strong at 25 ....full year result up
Stanbic Bank Botswana recorded a strong P195 million profit after tax for the year ended 31 December 2016, despite challenges in the economy characterised by a muted economic growth and challenges in...
View ArticlePPADB turns down Sefalana payment
Company supplied gov’t with Tsabana,MalutuWe remain govt’ supplier-Osman Sefalana, the diversified group has suffered a setback as government public procurement and awarding body, PPADB has not...
View ArticleBIH Science Park to transform the economy
Botswana Innovation Hub’s icon building within its Science Park-in Gaborone’s Block 8 suburb is now at an advanced stage. Business Reporter, Portia Nkani visited the construction site recently. Driving...
View ArticleGambling Authority promotes citizen investors
Gambling Authority is taking the necessary practical steps to ensure local investors also have a cut in the multi-million Pula industry, BG Business has been told. “For purposes of citizen empowerment,...
View ArticleChoppies’ Farouk quits his daily job…Takes non-executive role
Choppies Enterprise Limited has announced that Vice Chairman and Executive Director, Farouk Ismail, has shifted his role to that of Non-Executive Director. However, he will keep his Vice Chairman...
View ArticleRDC to exit Madagascar market
RDC Properties plans to exit Madagascar market due to unprofitable gains from Isalo Rock Lodge. In 2016 annual report, RDC properties Chief Executive, Jacopo Pari said they have received a few offers...
View ArticleStanbic optimistic of year ahead
Stanbic Botswana, the country’s largest unlisted bank is bullish on the year ahead despite growing concerns the economy will not recover at a much faster pace as expected. The company’s Chairman, Craig...
View ArticleDe Beers supports youth development
The De Beers Group of Companies has set up an innovators Hub at the 2017 Diacore Marathon, to build on the De Beers Youth Innovators Botswana initiative which was launched in 2016.The company has...
View ArticleBotswana IPPs target export market
Independent Power Producers (IPPs) in the country are eying to export power generated from its vast coal and gas resources to neighbours South Africa and Zambia, an official has said.Botswana Chamber...
View ArticleChobe, Wilderness results mixed
Eco-tourism companies, Wilderness Holdings and Chobe Holdings are expecting a mixed set of results for the past year,amid forecast that the industry will grow by nearly ten percent this year. Botswana...
View ArticleFarmers’ dream promotion boosts Engen’s
Engen has recorded 11 percent increase in fuel sales from July last year driven largely by its annual Farmers Dream Promotion In its 2016 annual report, Engen Managing Director, Chimwenda Monga said...
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