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Business

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 …

Achieves a cost-to-income ratio of 53% GAZETTE REPORTER Despite operating in a challenging environment, Barclays Bank Botswana achieved a profit before tax of P387 million, representing growth of 49 percent …

Installs him back as CEO Board ignores fraud allegations against Ram KEABETSWE NEWEL The new board of directors at Choppies Enterprises Limited, appointed at the recommendation of Ramachandran Ottapathu, has …

Cross-border investments and listings will be enhanced GAZETTE REPORTER The Botswana Stock Exchange (BSE) and the Zimbabwe Stock Exchange (ZSE) will sign a Memorandum of Understanding (MOU) as a basis …

Caught in a merciless trap of high rentals, rising food prices and household debt that threatens to shoot through the roof, impoverished Batswana can take a breather after the Bank …