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Getbucks to raise more cash for growth

Getbucks Botswana, a notable player in the micro-lending business will raise more cash in the capital market to power its operations going forward.  The disclosure is contained in the Company’s...

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Stanchart buoyant on year ahead

Standard Chartered, the country’s oldest bank is bullish of the year ahead after experiencing a decline on profitability in recent years owing to variety of reasons.  This is the message coming clearly...

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KFC new owners to appear before Competition Authority

KFC Botswana’s acquring enterprise, Bradleymore’s will appear before the Competition Authority on Friday to defend their acquisition, which was first annouced last year. In a statement the Competition...

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Sechaba appoints new Managing Director

Botswana Insurance Holdings Limited’s asset and investment subsidiary -BIFM -is empowering its citizen employees big, after establishing a trust last month (December) which will enable employees to own...

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BIHL in historic empowerment scheme

Botswana Insurance Holdings Limited’s asset and investment subsidiary -BIFM -is empowering its citizen employees big, after establishing a trust last month (December) which will enable employees to own...

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Sechaba appoints new Managing Director

Sechaba Holdings, the country’s leading brewer has appointed a Mexican, Renaud Beunchamp to the position of Country Managing Director, Botswana Guardian has been told.   The new boss joined the company...

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Gov’t budget on ICT low -Anthony Musunga

Senior executive at Botswana Telecommunications Corporation, Anthony Masunga has expressed disappointment over government’s extremely low budget for the ICT sector in the coming financial year....

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Limit political influence on regulators

There is need for government to reduce undue political influence in the appointments of boards and the senior executive officers of parastatals especially in sensitive sectors such as energy, a...

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Direct BPO hits the market

Direct BPO this week outlined its strategic intent in the multi-million pula Business Processing Outsourcing (BPO) industry, indicating they are ready to rattle the status quo with their innovative...

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KFC takeover approved conditionally

New KFC owner, Bradlymores has been approved by the Competition Authority to take over the business with conditions to continue sourcing supplies from local producers and assisting local companies to...

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KFC takeover approved conditionally

New KFC owner, Bradlymores has been approved by the Competition Authority to take over the business with conditions to continue sourcing supplies from local producers and assisting local companies to...

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CIPA benchmarks with New Zealand

...implements ease of doing business reforms Companies and Intellectual Property Authority has taken a step forward to implemet the ease of doing business reforms through the assistance of New Zealand...

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Furnmart full year profits up

Leading furniture retail group, Furnmart Limited has announced that profits for the twelve months period to January 2017 will be more, despite reduced disposable income and poor economy.  In a...

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‘CSDs guard against financial risks’

Central Securities Depositories(CSDs) are an important component to the capital market, as they play a crucial role in mitigating risk in the industry, one of Bank of Botswana’s (BoB) deputy Governors,...

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Life insurance prone to money laundering-NBFIRA

Non Banking Financial Institutions Regulatory Authority (NBFIRA) National Risk Assesment report indicates that Life Insurance sector is highly vulnerable to money laundering risks. According to the...

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New diamond factory opens in Gaborone

A leading manufacturer, exporter andretailer of diamonds in the world - M Suresh Group – recently opened a factory in Gaborone. Officiating at the ceremony, Minister of Minerals, Energy and Water...

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Create enabling business setting for local authorities to thrive

Over the years, government has made calls for local authorities to look for other income generating streams so as to supplement existing subventions that they receive on an annual basis.  This has...

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BSE conversion is almost complete

Botswana Stock Exchange (BSE), the country’s bourse is at an advanced stage of demutualisation with a draft constitution of BSE Limited now before the parent ministry for evaluation, Chief Executive...

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Business Botswana against BOL ‘monopolistic’ plans

Business Botswana has expressed concern in its submission with regards to Botswana Oil (BOL) request to acquire exclusive import rights for all petroleum products.  Botswana Oil Limited, a...

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BBS to list in 2018

Botswana Buildings Society (BBS) is expected to join the domestic bourse sometimes this year, marking a momentous progress that will benefit thousands of shareholders in the long run, Botswana Guardian...

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