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BTC Achieves Growth Amid Economic Challenges

Revenue up a modest 3%, thanks to demand for mobile data and broadband services Chairman lauds prudent spending for 34% growth in profit after tax to P158m Notes impressive 84% customer satisfaction rate, up 11% on previous year Launching and rolling out 5G network to enhance connectivity are short to medium term priorities GAZETTE REPORTER…

Paratus Becomes First Locally Authorised Starlink Reseller

Hardware currently available via order but Paratus will stock up to save shipping costs for customers Paratus will offer 24-hour installation, telephone and technical support services BONGANI MALUNGA  Paratus Botswana will be the first local company registered as an authorised reseller of newly-approved internet service provider, Starlink. The Elon Musk-owned company was granted an operating…

Stanbic Bank Botswana Sponsors 2024 National Agriculture Show

GAZETTE REPORTER Stanbic Bank Botswana has reaffirmed its commitment to the country’s agricultural sector by sponsoring the 2024 National Agriculture Show with a contribution of P100,000. This sponsorship continues the bank’s support for the event, which has been ongoing since 2012, bringing the total sponsorship value to P 1 million. Commitment to Growth and Sustainability…

BoB Cuts Interest Rate Amid Weak Economic Outlook

  Fostering growth whilekeeping inflation in check is the delicate balance that the central bank is aiming to maintain in these difficult times for the nation and the global economy GAZETTE REPORTER In a recent decision reflecting mounting concerns about the country’s economic prospects, the Monetary Policy Committee (MPC) of the Bank of Botswana has…

Serame Explains Role Of Asset Management Firms

Says they raise capital to support start-ups and expand businesses P12bn invested in local businesses of less than P50m turnover in each of the last three years Kanye North legislator Letsholo had asked what asset managers do to support local businesses GAZETTE REPORTER Asset management firms contribute to a country’s financial ecosystem by selecting investment…

BOD Harnesses AI to Uncover New Mineral Riches in Vast Database

Notes Botswana database is too massive to analyse by traditional human methods It includes around 375,000km of airborne geophysical data and 606 ground geophysical surveys BOD has partnered with Planetary AI Ltd for their Xplore mineral prospectivity technology GAZETTE REPORTER Botswana Diamonds plc (BOD), has embarked on a cutting-edge initiative to employ Artificial Intelligence (AI)…

Airlink Fined For Advertising Unauthorised Cape Town-Gaborone Route

CAAB instructs Airlink to withdraw the advertisements straightaway BONGANI MALUNGA  The Civil Aviation Authority of Botswana (CAAB) has instructed South African airline company Airlink to withdraw all advertisements promoting a new direct Gaborone to Cape Town route because they violate civil aviation regulations. In a recent statement signed by its Public Relations and Communications Officer,…

Stanbic Bank Botswana Finances Solar Project for Kwenantle Farmers

GABORONE – Stanbic Bank Botswana has provided BWP27 million in financing to Kwenantle Farmers for the implementation of a solar-powered irrigation project. The project, aimed at enhancing sustainable agriculture in Botswana, was unveiled during an event at Talana Farms in the Tuli Block, with Deputy Minister of Agriculture, Honourable Molebatsi Molebatsi, as the guest speaker.…

Botswana Diamonds Raises £250,000 for Ongoing Exploration Projects

Issues 78,125K new ordinary shares of 0.25p each at a placing price of 0.32p per share Says it anticipates approval of its (EIA) by the end of August 2024 BOD is known for its extensive exploration licences in Botswana and SA GAZETTE REPORTER  Botswana Diamonds PLC (BOD) has announced a successful fundraising effort, securing £250,000…

Lifestyle News

Only 36% of Batswana Are Loyal to Local Products

But Brand Africa says this is “strong” and is “the highest so far” GOSEGO MOTSUMI In a revealing study by Brand Africa in Gaborone recently, a complex picture of consumer loyalty in which 57% of Batswana expressed belief in Africa’s potential but only 36% committed their loyalty to local brands has emerged. Nevertheless, the founder…

Rakgare Rallies Behind Miss Botswana 2024

Pledges same support as offered to Miss Botswana 2021, Palesa Molefe Anicia radiates as she explains the “Lights” in her project Season 2 of “The Journey to Miss World” premiered on Btv Sunday GAZETTE REPORTER In a display of national pride and commitment, the Minister of Youth, Sports, Gender and Culture, Tumiso Rakgare, recently hosted…

Mohwasa and Orapeleng Return with “Mokwalo”

To premiere later this year on DStv, “Mokwalo” promises to be a poignant addition to Botswana’s film industry GAZETTE REPORTER The talented duo behind the acclaimed “Cradle,” Masego Mohwasa and Lorato Orapeleng, are set to return with their latest film, “Mokwalo.” This 52-minute exploration of grief, loss and personal growth is poised to captivate audiences…

All Kasi Wears the Crown as BW’s Most Admired Apparel Brand

Maveeta, Botswana Meat Commission, St Louis, Choppies, BTC, DStv among the most admired brands in Botswana GOSEGO MOTSUMI  In a revelation of national pride, Brand Africa last week crowned All Kasi as Botswana’s most admired apparel brand. The local sportswear brand has firmly planted its flag at the top, outshining other competitors. Trailing All Kasi…

Creatives Outline Vision of District Arts and Culture Centres Across Botswana 

While some subsequently criticised the content of the recent interactive meeting between the Creatives with President Mokgweetsi Masisi, a constructive and auspicious note that bodes well for the future was struck. Staff Writer GOSEGO MOTSUMI reports  As Botswana’s creative sector asserts its determination to grow and flourish, the conversation around infrastructure is becoming increasingly urgent.…

Over P60m Boost for the Arts as Govt Unveils Approved LTDF Projects

80 projects approved out of 1180 applications GOSEGO MOTSUMI  The Minister of Trade and Industry, Mmusi Kgafela, has underscored the vital role of the creative industry in Botswana’s economic development. Speaking at a ceremony to announce approved projects for the 2023 Levy on Technical Devices Fund (LTDF) at Botswana Craft in Gaborone recently, Minister Kgafela…

Middleton Scores Nomination for DStv Content Creator Awards

* Is the only Motswana nominated in Foodie Award category this year * Was selected after making the Top 5 out of 1500 entries BONGANI MALUNGA  Culinary content creator Kenneth Tebogo Middleton has been nominated for the 2024 DStv Content Creator Awards that are scheduled to take place in Johannesburg on 12 October. Middleton has…

Tumelo Tsele’s “Untold” is Advocacy for Girls’ Rights

“Untold” is a powerful narrative that chronicles the author’s rise from the grips of poverty to becoming a leading advocate for marginalised girls A panel discussion bringing together a diverse group of women and men who are leaders in the fight for gender equality will be a part of the launch GAZETTE REPORTER  Formidable force…

Sports News

ODC Boosts K. K. Motshidisi Foundation Cycle Challenge With P150K

Five gentlemen, each aged 62 years, will cover 390km riding through villages like Mathathane and Mogapi This is a 7-day event aimed at raising awareness about NCDs in the Bobirwa region The MD of ODC, himself a cyclist, is in the mix and has described himself as “determined to face any challenge head-on” GAZETTE REPORTER…

Pulamed Launches Sponsorship and Unveils New Cycling Kit for Team Swift

On August 16, Pulamed hosted an evening event to announce its sponsorship of Team Swift, a prominent cycling team in Botswana. Cycling Parade Marks Event The program commenced with a cycling parade through Gaborone CBD, featuring Pulamed staff members, led by Principal Officer Dr. Khumoetsile Mapitse, alongside Team Swift riders. The parade began at the…

Team Did Well At World Champs Despite Challenges – BAA

In the aftermath of World Athletics Junior Championships in Lima, Peru whence Botswana has nothing to show, the position of BAA is simple: the absence of school sports has created a lacuna that only schools sports can fill. It is for this reason that the nation’s umbrella athletics body of athletics holds that Team Botswana…

Rebatenne and Maloka Triumph in Great Kgatleng Table Tennis Tourney 

In the women’s division, Rebatenne’s tactical brilliance eventually overcame a difficult path to victory In the boy’s final, Maloka’s superb skill gave him 3-0 victory to claim his first Great Kgatleng title  GAZETTE REPORTER  The Great Kgatleng Table Tennis Tournament has once again proved its stature as a premier event on the local table tennis…

Babitseng Unveils Ambitious Plan to Revitalise Local Football

  In a comprehensive blueprint that includes raising the women’s league to a new level, BFA presidential candidate Oabile Babitseng acknowledges strides so far made in youth development and international partnerships but points out significant shortcomings that require attention in governance, transparency, and stakeholder relations (BLURB) GAZETTE REPORTER As the race for the presidency of…

Jwaneng Galaxy Brace for High-Stakes Clash with Orlando Pirates

  And the coach of Botswana’s most successful football team of the present day pays tribute to the contemporary world’s most astral athlete, Letsile Tebogo, for inspiration ahead of their CAF appointment with South Africa’s marauding Orlando Pirates GAZETTE REPORTER Having secured a dramatic advancement to the CAF Champions League 2nd preliminary round, Jwaneng Galaxy…

It’s 7/8 For Tebogo In The 200m So Far This Season

One of the ironies of Paris ’24 is that in the first round of the 200m on 5 August, Letsile Tebogo finished first with a time of 20.10s, just shy of the 20-second barrier that he had consistently broken. As TLOTLO KEBINAKGABO reports, more was in store   In 2024, Letsile Tebogo has established himself…

Botswana’s Paralympians Ready For The Games That Begin Today

Head Coach for athletics, Katlego Maotwe: “Their competitors are aware of what they can achieve” TLOTLO KEBINAKGABO With the Paris 2024 Paralympic Games beginning today (28 August 2024), Botswana’s athletes are settling into their new surroundings with high hopes and confidence. The team’s arrival at the Athletes’ Village on Monday this week (26 August) marked…