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Business

Invests P74 Millon Grabs 40% of an Australian retailer TLOTLO KEBINAKGABO Botswana’s second largest retail outfit, Sefalana Holding Company Limited Group, has sealed a deal that will see it investing …

TLOTLO KEBINAKGABO ABC Holdings Limited Group,which operates the BancABC brand, has registered a loss of USD25.3 (P308 million) for the year ended 31 December 2019, the company’s audited financials reveal. …

Decline in Botswana’s GDP during April 2020 is estimated to be around 50% TLOTLO KEBINAKGABO The global diamond industry will take between 12 to 18 months to fully recover from …

TLOTLO KEBINAKGABO A body that represents alcohol traders, Botswana Alcohol Industry Association (BAIA) has implored the government to allow the sale of alcohol on controlled measures if the country’s lock …

TLOTLO KEBINAKGABO Botswana’s largest retail conglomerate, Choppies Enterprises Limited last week lost a case in which they sought their bank accounts to be unfrozen in an ongoing tax brawl with …

Almost P10bn needed in ESP Around 75 percent of government money is made from selling luxurious goods and services in the form of diamonds and tourism. Leading consumers of Botswana …

KEABETSWE NEWEL As the world enters an economic recession, as a result of the collapse of businesses and capital markets globally due to the COVID-19 pandemic, Botswana Stock Exchange (BSE) …

KEABETSWE NEWEL As a result of the ban on sale of alcohol as one of measures geared at containing the deadly Coronavirus disease (COVID-19). Millions of Pula will be eroded …

Diamond prices decline KEABETSWE NEWEL Gem diamond producer, Lucara Diamond Corporation said production outlook for 2020 remains uncertain, so much that it has suspended its bullish 2020 outlook, Eira Thomas, …

Ex-president Mogwera loses interdiction against BOPEU leadership Court rules against her application to have her expulsion set aside Registrar of Trade Unions finally registers BOPEU office bearers GAZETTE REPORTER Efforts …

Banks to access overnight funding from BoB KEABETSWE NEWEL Banking sector regulator, the Bank of Botswana has introduced a COVID-19 Relief Fund and Liquidity Support for the commercial banks to …

Listed equities feel the pinch Tsheole says BSE has been resilient, as global stocks collapse Credits Local Fund Managers trading strategy Resilience must attract international investors-CEO KEABETSWE NEWEL Brokerage firm, …