Business

Women entrepreneurs celebrated

Women’s Entrepreneurship Day (WED) held today (Wednesday) at Regent Select Hotel, is expected to celebrate the unwavering positives that women entrepreneurs bring to the global economy, as well as inspire and support future generations of women entrepreneurs. The day is intended to empower women and their businesses, as well as gather a think tank of women leaders, which will create an amplified message to expand businesses with social impact in communities locally and globally.


22nd November 2017

Easy Bumper causes a buzz in the city

3rd November 2017

There is a new business in the city that has got everyone talking- Easy Bumper Panel-beating and Spray. The mastermind behind it is Lerala born, Ezakiel Selaelo better known as Moruti. It’s a 24 hours breakdown service that operates from G-West Industrial but is already known across the country. The business covers; panel beating and spray painting, side skit and bumpers, smashing, pimping, repairing, moulding spoilers and bumpers lips to mention a few. It also deals with car interior as well as glazing and polishing and also provides auto mechanic services.

Shumba lists on bse main board

3rd November 2017

Shumba Energy Limited, a Botswana-based energy development company, has been approved by the Botswana Stock Exchange to migrate its listing from the Venture Capital Market Board to the Main Board of the local bourse effective 30th October 2017. Shumba is focussed on exploitation of energy fuel resources for transformation into base-load power supply and for industrial thermal energy generation.

NAP mitigates impact of BCL closure on its profits

3rd November 2017

Property investment company New African Properties is focussing on the best management practices to sustain the company’s profitability on the back of the negative effects caused by the closure of Botswana Coal Limited mine in Selibe Phikwe. Commenting on the published results for the year ended July 2017, NAP Chairman John Mynhardt and Managing Director Tobias Mynhardt said the company has exposure to Selibe Phikwe which has been impacted by the closure of BCL last year.

Liberty launches Business-in-a Box

26th October 2017

Liberty Life Botswana this week launched an exciting reveal, ‘Business-in-a Box’ which is a web enabling system used by agents to capture clients’ information to the system. Business in a Box, a ‘plug and play’ offers a complete suite of services especially useful in peri-urban areas, comprising of a laptop and other data capturing tools such as scanners for bank statements, pay slips, Identity Cards, biometric scanner and a printer amongst other components.

Bank of Botswana cuts the bank rate to 5 percent

26th October 2017

Bank of Botswana’s Monetary Policy Committee has on Tuesday this week reduced the bank rate from 5.5 percent to 5 percent. In a statement from the Committee late yesterday (Tuesday) reads, “the current state of the economy, both the domestic and external economic outlook as well as the inflation forecast, provides scope for easing monetary policy to support economic activity without undermining maintenance of inflation within the Bank’s medium-term objective range of 3 – 6 percent.”

Accounting technicians urged to further their studies

26th October 2017

Association of Accounting Technicians (AAT) graduates have been urged to study further otherwise the job market will not absorb them. Speaking during the Botswana Institute of Chartered Accountants (BICA) AAT graduation ceremony, BICA chief Executive Verily Molatedi said graduates should grab every opportunity and act on it if they have to be successful in life.

Bond market improves in Q3

26th October 2017

The bond market has improved in the third quarter of 2017 compared to the same period in 2016, says the recently released market status report for the period ended September 30th. According to the report by Botswana Stock Exchange, the value of bonds traded during the year-to-date period was P273.0 million compared to P240.6 million traded during the same period in 2016.

Young graduate beads while job hunting

26th October 2017

Agang Bakwena, 23, has decided to venture into small business to avoid becoming a statistic among the 87 000 unemployed graduates in the country. Bakwena holds a Degree in Business Entrepreneurship and Leadership, yet to graduate from Botswana Accountancy College (BAC) soon and she is of the view that small businesses are much better than awaiting jobs.

Women make strides in business

26th October 2017

Local women entrepreneurs gathered to share their success stories in penetrating the international markets despite the challenges. Speaking during the Lionesses of Africa breakfast seminar hosted by Stanbic Bank Botswana, Sleek Food Founder and Director, Nkata Seleka said running a successful business does not require a lot of money to start but it requires ambition. Her company recently penetrated the international market by winning a tender to supply the Multinational Franchise, KFC with Chakalaka relish.

Sefalana opens new store in Mogoditshane

18th October 2017

…More expected before the year-ends

Minergy upbeat on Masama project

18th October 2017

… More coal resources are discovered

‘Queen Elizabeth II inspired hats a fashion craze locally’

18th October 2017

Driven by the love for hats, Millinery Miller Founder and Director, youthful Keletso Lobelo realised that she can run a sustainable business and also share her skills with other people. She told the Business Trends that she started the business from her own resources assisted by her aunt.


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