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Business

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 …

CEO paid P5.5m in 2018 FNBB is the most profitable bank KEABETSWE NEWEL A staggering sum of P9.5 million was paid to directors of the board of First National Bank …

Decline in oil prices cost Engen P6m Slate receivables decline by P48m Company struggling with cash flow KEABETSWE NEWEL Engen Botswana Limited is likely to have liquidity challenges, should government …

It seems the round robin at Choppies finally has Ram in the middle where institutional investors in the troubled supermarket chain want him. But as the determined investors pinned the …

But Motswedi warns that pre-Christmas is a time for caution GAZETTE REPORTER Demand for Botswana Telecommunications Corporation Limited’s (BTC) shares is slowly picking up, especially in the last few weeks, …

Inflation to rise to 3.7 percent High food prices to hit Batswana Fuel prices also seen rising Budget deficit widens KEABETSWE NEWEL Uncontrollably rising food prices and skyrocketing transport costs …