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Africa to curb illicit financial flows
While some African countries are seen to be developing faster, jobs and inequality have become critical challenges for Africa. According to World Bank, growth in Sub-Saharan Africa slowed markedly in...
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Engen upbeat on new energy regulator
Engen Botswana, the country’s only-listed oil company, is delighted that government has established an energy regulatory authority, BERA, to level the playing field. The Act to establish the Botswana...
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Govt. pays BCL liquidator P27m
Government has spent over P27 million to pay for the services of BCL provisional liquidator, Nigel Dixon-Warren, Acting Permanent Secretary in the Ministry of Mineral Resources, Green Technology and...
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BIHL subsidiaries to shed jobs
Botswana Insurance Holdings Limited’s subsidiaries Legal Guard and Botswana Life Insurance Limited are undergoing operational challenges, with a possibility of retrenchments. Although it is not yet...
View Article'More mining jobs can be created’
Botswana, a mineral resources-based country has an opportunity to create more jobs within the mining sector, which is capital-intensive by nature, Bank of Botswana’s director for Research and Financial...
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‘Botswana aims for top ten position in mining’
Botswana is striving to become one of the top ten mining destinations of choice in the world, Mineral Resources, Green Technology and Energy Security minister Sadique Kebonang has said. Officially...
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Barclays, Liberty launch new insurance products
Barclays Bank Botswana and Liberty Life Botswana have joined hands to launch new insurance products that provide customers with financial assistance during their first diagnosis of chronic illnesses....
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Tlou Energy pumps P500m on Lesedi project
Tlou Energy has spent about $50 million in the Lesedi Coal Bed Methane (CBM) project as the company targets to provide power to the national grid by 2019, a senior official has disclosed. The...
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Funding for coal projects declines
Financiers are increasingly having an appetite to fund renewable projects than coal powered ones, an official has revealed. Fieldstone Africa Managing Director Jonathan Berman said there are emerging...
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Vivo Energy MD calls for belt tightening
Mining companies have been urged to reduce operational costs and remain afloat during the current situation characterised by low commodity prices on the international market, an official has said. VIVO...
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Subdued diamond demand derails beneficiation programme
Subdued demand for rough diamonds in the country since last year is derailing government vision to grow the cutting and polishing industry, Diamond Hub Deputy Director, Business Office, Diana Moabe,...
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CEDA spent P600 million on 1200 youth enterprises
Citizen Entrepreneurial Development Agency (CEDA) has funded 1200 youth enterprises for a total of P600 million to date, says Chief Executive Officer, Thabo Thamane. Briefing the media on Tuesday,...
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Trade between Botswana and Sweden ‘negligible’- Seretse
Minister of Investment, Trade and Industry, Vincent Seretse has urged Swedish business community to increase trade flows between Botswana and Sweden. Despite the longstanding bilateral relations...
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‘We support homegrown banks’ - BoB
Bank of Botswana this week reiterated its earlier response that it supports the creation of indigenous commercial banks in Botswana. This comes hot on the heels of Barclays plc transaction which...
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StanChart buoyant on year ahead ….to push digital by design strategy
Standard Chartered Bank Botswana, the country’s oldest bank, is optimistic of the year ahead despite fears that the economy will not grow by earlier forecast levels. The commercial bank, which is...
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Stanbic embedded in corporate banking space
Stanbic Bank Botswana continues to strengthen its position as the leading bank in the corporate and investment banking space in Botswana, with the capability and capacity to drive great influence and...
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‘Stanbic in no rush to list’
Stanbic Bank Botswana has no immediate plans to list on the Botswana Stock Exchange, bank Chief Executive, Leina Gabaraane, has revealed. Gabaraane told this publication that they don’t have an...
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FNBB is the ‘best’ in Botswana
First National Bank Botswana is the ‘best bank in Botswana’. They were bestowed the award at the recently-held Euromoney Awards for Excellence’ in London recently. According to a press statement, the...
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Bank Gaborone opens new branch in Maun
Bank Gaborone, the unlisted bank has opened its latest branch in the tourism town of Maun to service the Ngamiland area, Botswana Guardian has learnt. The opening of the Maun branch comes a year after...
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‘Locals should venture into oil sector’
The Botswana government is revving up efforts to ensure that citizen entrepreneurs venture into the lucrative oil and energy business. This week, the Botswana Oil, which is one of the institutions...
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