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Business

Over P5 billion needed for underground project Company could finance it from own cash flow Underground mining would expand mine life to 2040 TLOTLO KEBINAKGABO Lucara will make a decision …

The company believes it has the tools to withstand the headwinds of drought, Brexit and superpower trade wars KEABETSWE NEWEL Armed with a strong cash reserve, eco-tourism outfit Chobe Holdings …

While BPOPF still won’t say why it terminated its contract with African Alliance, industry experts see it as punishment for betrayal after the asset management company voted as it saw …

A matter that should ordinarily be as straight as an arrow is proving improbably crooked because the reasons advanced so far by the Civil Aviation Authority of Botswana for the …

Business confidence declines Hong Kong unrest, US-China tensions pose risks Q3 2019 De Beers diamond sales decline KEABETSWE NEWEL Uncertainties in the global diamond market, underpinned by geopolitics in the …

KEABETSWE NEWEL Jeffrey Lynn Rann, a US-based investor, has proposed to acquire hospitality outfit Afro Ventures Botswana (AVB) and its businesses mostly in the lucrative tourism prime land of the …

Group says its Botswana properties and retail mall in Tanzania were well tenanted KEABETSWE NEWEL Rentals accrued by Turnstar Holdings Limited, the operators of the swanky Game City Mall in …

Jonathan Hore Resident entities which deal with non-resident consultants frequently meet circumstances where the non-residents do not want to suffer Botswana withholding taxes (hereinafter WHTs). The reason for such moves …

While local companies depreciated by 11.5 percent between January and September last year, they depreciated by only 5 percent during the same period this year. KEABETSWE NEWEL reports The performance …

Although he remains a shareholder, the former president is reportedly keen to distance himself from anything to do with Ram and Farouk and the pong of the Choppies scandal KEABETSWE …

JONATHAN HORE BURS is empowered to charge penalties for various reasons, including late submission of returns and underpayment of taxes. One thing is certain, being that these penalties are a …

Profit declines KEABETSWE NEWEL Trading conditions in the first half (H1) of 2019 were challenging at junior commercial banking outfit, BancABC, with a stagnant first quarter in loan volumes and …