Business

Over 15 000 Batswana buy BTCL shares

Over 15 000 Batswana and 600 of the 900 employees of Botswana Telecommunications Corporation Limited have already bought the Company’s shares as the Initial Public Offer (IPO) winds up this week Friday.


2nd March 2016

Barclays to reduce Africa stake, cut dividend in revamp plan

2nd March 2016

Barclays Plc said it will sell down the stake in its Africa business, cut its dividend, and move more assets into its non-core unit as Chief Executive Officer Jes Staley laid out his strategy for the U.K.’s largest investment bank.

FNBB empowers first time home owners

2nd March 2016

First National Bank Botswana (FNBB) has launched a new mortgage known as the 105 percent Mortgage Offering solution.

Barclays Bank Botswana responds

2nd March 2016

Barclays PLC has through Barclays Bank Botswana (BBB) released a statement following the recent press speculation regarding a potential sale of its shareholding in Barclays Africa Group Limited (“BAGL”).

Lucara introduces progressive dividend

2nd March 2016

Lucara Diamond Company has announced that in 2016 the company is introducing a progressive dividend with the aim to maintain or increase the Canadian (CDN) dollar dividends per share on an annual basis.

Letshego unveils refreshed logo

2nd March 2016

Pan African micro lender, Letshego Holdings unveiled a refreshed look of its brand last week in Gaborone. The company has a clear strategy of building a leading African financial services group focused on financial inclusion.

Weak rand hurts Botswana exports

25th February 2016

The weakening of the South African Rand is hurting Botswana companies, Acting Business Botswana Chief Executive (CEO) Dichaba Molobe has said.

Portiah’s home-made skincare products a hit with customers

25th February 2016

Portiah Mokgathong, 28, exhibited her homemade skin care products and scented soaps at Riverwalk Mall in Gaborone on the eve of Valentine’s Day.

Dr. Somolekae joins Letshego board

24th February 2016

Leading financial services group, Letshego, has appointed Dr. Gloria Somolokae to its board of directors. The new director is a former deputy cabinet minister with more than 30 years of experience in academia, private and public sectors.

Engen pays special dividend

24th February 2016

Engen Botswana, a publicly listed company has declared a special dividend of 30thebe to its shareholders. The dividend, which covers the year to December 2015, is payable on or about the 11th of March 2016. Engen sells petroleum products to retail and institutional customers.

FNBB revamp branches

24th February 2016

First National Bank Botswana (FNBB), arguably the leading lender in the country is in the process of revamping its old branches and open new branches, its most senior executive has disclosed.

Business Botswana media sectors calls for media levy

24th February 2016

Business Botswana media sector committee has motivated the Ministry of Presidential Affairs and Public Administration through the Office of the President to introduce a media levy in Botswana.

Kwa Ga Ncinci mulls over franchising to expand business

17th February 2016

Passing Fairgrounds mall by the corner of Motor Centre garage in Gaborone, driving down south towards Gaborone Dam, on the immediate left is a gravel road that goes past Sanitas garden on the way to Bojanala Waterfront.


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