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Business

The COVID-19 pandemic and the necessary disease containment measures will continue to have an adverse effect on economic performance in the short term KEABETSWE NEWEL Experts say that If the …

TLOTLO KEBINAKGABO It has been a year of continued loan default by customers of First National Bank Botswana (FNBB), the behemoth bank’s audited consolidated financial statement for the year ended …

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) announced that it has acted on the Statutory Manager’s recommendations and filed an application at the High Court seeking an order to liquidate …

KEABETSWE NEWEL Currently the second most profitable commercial bank in Botswana, ABSA might just lose that position following its announcement that up to P270 million will be wiped out of …

Bank’s half-year income up 10% to P261m TLOTLO KEBINAKGABO Leading commercial bank-ing outfit, Standard Chartered Bank Botswana, gave out loans to individuals and businesses to the tune of approximately P1 …

Seeks to acquire property company in resort town of Maun TLOTLO KEBINAKGABO Botswana Stock Exchange-quoted property outfit, New African Properties (NAP), is aiming to spread its investment wings by acquiring …

Telco giant, Botswana Telecommunications Corporation (BTC) has joined forces with furniture retailer, Furnmart, in a move that will see the latter being a BTC service provider. As a BTC service …

Stanbic Bank Botswana and CEDA have officially signed a Memorandum of Understanding (MoU) in a monumental deal that will see both parties “lock hands to bridge the gap between development …

Hilton Garden Inn today officially announced the rollout of Hilton CleanStay, it’s industry leading programme of cleanliness and disinfection in all of its hotels around the world, including the one …

Due to the COVID-19 pandemic, the Group expects a continued difficult environment for the consumer while heightened uncertainty is anticipated to dampen business confidence and investment in the remainder of …

Says cement dumping is undercutting the market GAZETTE REPORTER Local companies are being driven out of business due to product dumping, PPC Botswana Head of Unit, Tuelo Botlhole, has told …

Since its establishment in 2014, the Botswana Telecommunications Corporation (BTC) Foundation which is a registered entity governed by a deed of trust, has spent over P6.5 million on over 100 …