Letshego expands to Nigeria

Letshego Holdings Limited, the Africa-focused micro lending and deposit-taking group has acquired a 100 percent shareholding in FBN Microfinance Bank (FBN MFB) from its parent, FBN Holdings plc.

9th January 2016

Low fuel prices lead to another inflation target breach

9th January 2016

November’s year-on-year headline consumer price inflation (CPI) recorded yet another drop to 2.9 percent - 0.2 percentage points lower than October’s rate of 3.1 percent.

Christmas bargain!!!

17th December 2015

After months of speculation and waiting, prospective investors of Botswana Telecommunications Corporation Limited (BTCL) can now go into Christmas fiesta, well aware that the company share price will be priced at P1, 00.

‘BPOPF restructuring to cut spending’

17th December 2015

Botswana Public Officers Pension Fund (BPOPF) is in the process of restructuring to fully implement its new service offering. The Fund decided to provide in-house services, which were formerly carried out by Alexander Forbes externally.

Don’t let Christmas bust your budget

17th December 2015

The song says it’s the most wonderful time of the year, but if money is tight for you, Christmas can make it very difficult to avoid overspending. Although it may seem like a good idea to splurge on that perfect gift, you will end up paying for it later if you put it on your credit card.

Multi-million Pula mall for Ramotswa

17th December 2015

Vantage Properties plans to build the first shopping mall in Ramotswa next year. Named Hill Top Mall, it will be the first semi closed mall and is estimated to cost P40 Million. Measuring approximately 5000 sqm Hill Top Mall is in its first phase.

Making sense of all the numbers

17th December 2015

When organisations publish critically required year-end financial and company reports, particularly for listed companies, the main go-to person is the Accountant and/or the Finance person; as ultimately it all boils down to the numbers.

Motswana woman develops online system for farmers

15th December 2015

AgriBusiness Forum Botswana has launched an online system that assists farmers and agribusinesses to access early warning information, market updates and prices to improve farm production as well as grow the industry.

SHHA challenges threaten house delivery

15th December 2015

Botswana Housing Corporation has outlined challenges faced by its Self Help Housing Agency (SHHA) turnkey project.

Thato Mahube wins Orange Bonatla le Botswerere challenge

15th December 2015

Thato Mahube of Amazing Services is this year’s winner of the Orange Botswana’s Bonatla le Botswerere Women’s Challenge. Amazing Services, a 100 percent Botswana owned company founded by Thato Mahube was crowned winner last Friday.

Anglo halves business units, shelves divi, cuts 3 850 plat jobs

15th December 2015

The share price of Anglo American fell by more than 9 percent on Tuesday after the diversified major set out radical portfolio restructuring, further material cost savings, more capital expenditure (capex) reductions, a reduction of the total number of employees to 50 000 and a retention of 20 to 25 assets from the current 50.

Botswana Life rewards customers

15th December 2015

Botswana Life Chief Executive, Catherine Lesetedi-Letegele has thanked the Life-rewards top customers and merchants for their continued support towards the Life-rewards VISA card and Loyalty programme.

BDC revenue improves

15th December 2015

Botswana’s main agency for commercial and industrial development - Botswana Development Corporation (BDC) - has for the financial year 2014/15 posted impressive results recording 29 percent growth in revenue.

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