Thato Mahube wins Orange Bonatla le Botswerere challenge

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.

15th December 2015

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.

Letshego ready to close Nigerian bank deal

15th December 2015

Letshego Holdings Limited, Botswana’s biggest micro-lender looks set to acquire 100 percent stake in FBN Microfinance Bank (FBN MFB) to advance its diversification and financial inclusion agenda in Africa.

Oil price hits fresh post 2009 lows as glut grows

15th December 2015

Oil prices resumed their slide on Tuesday, with U.S. crude falling below $37 per barrel for the first time since early 2009, amid fears the world was running out of capacity to store crude as a global glut intensifies.

PrimeTime mall in Pilane on schedule-official

9th December 2015

PrimeTime mall in Pilane will be open for business come July 2016, a senior company’s official has disclosed to Business Trends. This year, the leading property development and management company commissioned the construction of the mall, which is expected to also serve neighbouring villages.

Change business focus-Business Botswana chief

9th December 2015

The current economic climate of soft commodity prices provides an opportune time for the government and stakeholders to change their business focus.

Alexander Forbes upbeat despite volatile market

9th December 2015

Diversified financial services group Alexander Forbes had a tough trading environment in the six months to September characterised by volatile equity markets and headwinds in the South African economy.

BAMB realises growth in operational sales

9th December 2015

Botswana Agricultural Marketing Board (BAMB) recorded total operational sales of P267, 7 million in the financial year 2014/15.

Cresta, UB partnership bears fruit

1st December 2015

In 2010, Cresta Marakanelo and the University of Botswana (UB) merged the industry and academia to develop a comprehensive ‘on the job training’ programme which is now reaching six years. The two are bound by a Memorandum of Understanding (MOU) which aims to identify two excelling graduates from the UB’s Tourism and Hospitality Department to be inducted into the two (2) year Cresta Management Development Programme.

Orange eCattle app

1st December 2015

Orange Botswana has given 10 000 Euros (about P121, 000) to a young application developer, Kabo Raditladi who developed eCattle application in the Orange Botswana Developer Challenge competition. The application is a solution based mobile application that is expected to help local farmers trace their lost cattle.

Lucara discovers large diamond

1st December 2015

On the heels of announcing the recovery of the world’s second-largest diamond, Canadian miner Lucara Diamond Corp, last week revealed that it had recovered another two large diamonds, including an 813 ct stone, from its flagship Karowe mine, in Botswana.

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