Business

Matambo to deliver budget speech

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.


13th January 2016

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.

Prepare to purchase BTCL shares on Monday

9th January 2016

Botswana Telecommunications Corporation Limited (BTCL) shares will be open to the public starting next week Monday. After delays, government has finally decided to sell part of BTCL to local investors as part of its privatisation initiative first adopted in 2000.

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.

‘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.

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.


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