Uptake of PosoCard unprecedented

BotswanaPost has had a remarkable uptake on the PosoCard, an innovative e-platform for payments and money transfer for the unbanked. The product, which was launched in 2014, was meant to revolutionise mobile banking and eliminate the need for users to have a cellphone or a bank account in order to transact and benefit from access to a debit card facility.

13th January 2016

Tokafala business advisory workshop to boost SMMEs

13th January 2016

A business advisory workshop dubbed ‘Tokafala Programme’ returns again next month to impart small businesses with training and mentorship on business management.

Exports up in October

13th January 2016

The country’s exports during the month of October 2015 soared by 10, 8 percent to close at P4, 655 billion. This is a notable increase when compared to September’s P4, 2 billion, data sourced from Statistics Botswana shows.

Matambo to deliver budget speech

13th January 2016

Finance and Development Planning minister, Kenneth Ontefetse Matambo will present the 2016/17 budget before parliament in the first week of February. The minister is presenting the budget at a time when the economy has technically entered a recession, on the backdrop of declining diamonds sales.

People over-reacting to my decision-Zuma

13th January 2016

South Africa’s President Jacob Zuma said the reaction to his decision to sack Nhlanhla Nene, as finance minister in December had been an exaggeration.

Botswana Post ups the ante on its property portfolio

9th January 2016

BotswanaPost’s corporate objective of unlocking value from its property portfolio remains top priority; as it continues to diversify its revenue streams as a strategy under guard to move towards self-sustenance, Business Trends has learnt.

Letshego expands to Nigeria

9th January 2016

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.

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.

BotswanaPost urged to advertise stamps at airports

17th December 2015

The Minister of Environment Wildlife and Tourism, Tshekedi Khama has urged the Botswana Post to start advertising Botswana’s heritage through stamps at the local airports.

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