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Business

… but insists on recruitment of a native as General Manager TLOTLO KEBINAKGABO The Botswana Competitions Authority has given Skybird (Pty) Ltd the greenlight to acquire 100 percent shares in …

In a good year for everyone all round at Chobe Holdings, employees paid P10.6 million to BURS in income tax, the company paid P23.3 million in VAT while P44.7 million …

New law to curb capital flight BURS corporate tax collections expected to rise KEABETSWE NEWEL With impetus from the United Nations and the African Union, the Minister of Finance and …

With 24 million of the total 35 million carats of De Beers worldwide diamond production being from Botswana in 2018, the country remains the mighty conglomerate’s cash cow but benefits …

Foreign Direct Investment will generate 1067 of the jobs TLOTLO KEBINAKGABO The Botswana Investment and Trade Centre (BITC) has P680 million in investments that are expected to generate 2340 jobs. …

Mascom pays MTN P721m Mascom shareholders paid around P1.4bn in 2018 BPOPF paid around P545m Strive Masiyiwa’s Econet paid over P953m KEABETSWE NEWEL Leading telecommunications operator Mascom Wireless Botswana (Pty) …

20 000 tonnes of beans exported annually BAMB to start buying beans Over P140m made from export revenue NDB funds Panda farmers KEABETSWE NEWEL Commercial farmers in the Pandamatenga area …

Fixed telephony services to further decline Mobile subscriptions to also decline further KEABETSWE NEWEL The number of active mobile subscriptions decreased from 3,226,389 in March 2017 to 3,181,591 in March …

Through its financial prowess and affiliation to the Botswana Insurance Holdings Limited (BIHL), short term insurer, Botswana Insurance Company (BIC) says it can be trusted to pay out customer claims, …

Panda farmers want GMOs Decry lack of water for irrigation Lack of land in Panda hinders expansion KEABETSWE NEWEL While it is illegal for local farmers to produce Genetically Modified …

TLOTLO KEBINAKGABO Competitions Authority (CA) will soon convene to decide on whether to give Milco SA (Pty) Ltd full control of Clover Botswana or not. This was confirmed by CA …

Over P211 million was wiped off Botswana Telecommunications Corporation Limited (BTCL)’s cash reserves. Further, profits declined by a staggering P55 million, all indications that the company is on a slump. …