Latest News
Business News
FNNB unpacks Full Year Results
GAZETTE REPORTER First National Bank Botswana (FNBB) has announced a remarkable 18 percent growth in Profit Before Tax (PBT) from P1.2 billion in 2022 to P1.4 billion for the fiscal year ending on June 30, 2023. In an exclusive interview with this publication, Dr. Mbako Mbo, the Chief Financial Officer of FNBB, has provided insight…
FNBB Remains Committed to Financial Inclusion
GAZETTE REPORTER First National Bank Botswana (FNBB) has reaffirmed its unwavering commitment to its financial inclusion agenda. FNBB, a leading commercial banking institution, has been making significant strides in promoting financial inclusion through various initiatives, with the CashPlus Agency proposition gaining substantial momentum and popularity. “During the 2023 financial year alone, we on boarded 450…
Tlou Energy Successfully Completes Re-drilling of Key Wells
GAZETTE REPORTER Tlou Energy, a Botswana-based power generation company focused on developing clean energy solutions for Botswana and the sub-Saharan region, recently announced the successful completion of the redrill of both lateral wells of the Lesedi 4 production pod. Managing Director at Tlou Anthony Gilby stated in a recent statement, “Drilling has also been completed…
Wise Leadership set to host Transformative conversations at annual Corporate Governance Conference
Local citizen owned corporate governance and corporate secretarial consultancy, Wise Leadership Pty (Ltd) is set to host their annual corporate governance conference on the 26th to the 27th of October 2023 at Phakalane Golf Estate Hotel and Convention Centre. Themed “Transforming the Corporate Governance Landscape: Key Trends and Emerging Issues,” this year’s conference promises to…
IMF Urges Botswana to Reform SOEs to Boost Economic Competitiveness
GAZETTE REPORTER The International Monetary Fund (IMF) has strongly recommended a comprehensive reform of Botswana’s State-Owned Enterprises (SOEs), this publication has established. The IMF asserts that such reform is essential to level the playing field for private companies, promote market access, enhance resource allocation, and stimulate competition and innovation within the nation. According to IMF…
Legal Guard Expands into Full-Fledged Short-Term Insurance Company
MD says expanding into short-term insurance is a natural progression GAZETTE REPORTER Legal Guard has unveiled its transformation into a comprehensive short-term insurance provider under the new brand name, “Insure Guard.” The transition signifies a significant evolution in their service offerings as they venture beyond legal expense insurance to provide a wide range of asset…
Absa Securities Botswana Setting the Standard in Financial Advisory Services
James Nthoyi – Executive Director Absa Securities Botswana “Absa’s unwavering commitment to deliver sustainable and value-creating solutions to some of Africa’s greatest opportunities and challenges is what drives us. We are honoured to have been recognised at the EMEA Finance Achievement Awards for the following: Best sovereign bond in Africa: South Africa’s US$3bn dual tranche…
Cresta Expects H1 2023 Profit To Be More Than P1.5m
PBT expected to be up by between 25% and 35% Group manages over 1000 rooms in Botswana GAZETTE REPORTER Leading tourism and leisure Group Cresta Marakanelo’s profit before tax for the six months ended 30 June 2023 will be increased by more than P1.5 million, the company has disclosed in a trading statement published with…
De Beers Makes $370m From 7th Sales Cycle of Rough
Points to reduced demand for diamond jewellery in major consumer markets GAZETTE REPORTER De Beers has reported rough diamond sales of $370 million for the seventh sales cycle of 2023. Said Al Cook, the CEO of De Beers: “Given the prevailing economic conditions, which have led to reduced demand for diamond jewellery in major consumer…
Lifestyle News
A Toast to Yet Another Successful Brutal Fruit Spritzer Saturday!
Event represented the campaign’s core values of women standing proudly in their unique femininity GOSEGO MOTSUMI Decked out in their finest Spritzer Saturday attire, women represented the core values of standing proudly and powerfully in their unique femininity at the Brutal Fruit Spritzer Saturday at Cresta Lodge Gaborone last weekend. Following its triumphant debut in…
“Infected by Myth” is Overthrust’s Latest Offering
Album is set to be the greatest record in the history of the metal music band GOSEGO MOTSUMI The fifth studio album of the four-piece extreme metal music band, Overthrust, promises to be a significant release in the history of the band. According to band leader Tshomarelo “Vulture” Mosaka, who was recently…
Miss Botswana Expands Auditions Footprint
Pageantry announces more locations for this year’s auditions GAZETTE REPORTER In a historic step, national pageantry Miss Botswana is expanding its auditions footprint for the 2023/2024 season. They will be conducted in 23 different locations across the country from 6 October to 4 November 2023, making this a significant development for the pageant.…
Up close With Songbird Nomina
The German-based Motswana singer introduces the face behind the voice to Batswana GOSEGO MOTSUMI Botswana’s music export to Germany, Pamela Nothando Bhulu, famously known as Nomina, recently conducted a media tour in Gaborone as part of re- introducing herself to her fellow Batswana. Perhaps the upshot of her tour was when the songbird announced that…
HB Antwerp Teams up with BTO and Suspicious Antwerp
Collaboration ropes in local talent that tells the Botswana story in their own creative way GOSEGO MOTSUMI The collaboration between HB Antwerp, Botswana Tourism Organisation (BTO) and renowned international clothing brand Suspicious Antwerp promises to promote tourism in Botswana, foster talent all while celebrating the essence of the country’s rich culture. At the heart of…
Local Drama Series Debuts on SABC 1
“Colours” focuses on issues faced by urban populations in Botswana and South Africa Producer notes SA has a longer TV culture GOSEGO MOTSUMI The efforts of the producers of a local drama series for international screening of their work were recently rewarded when Colours debuted on channel 1 of South African public broadcaster, SABC. Colours…
Dato Seiko and Mdu Tha Party for DStv Delicious Festival
MultiChoice Botswana plays significant role in connecting local talent to stages and experiences that impact their careers GAZETTE REPORTER In a historic turn of events, two talented artists, DJ Mduduzi ‘Mdu Tha Party’ Madzwamuse and RnB crooner Dato Seiko, have been booked to perform on stage alongside some of the world’s most acclaimed musical…
Art in Martin Sefako Engaged by Edgars
The South African art competition is for young artists below the age of 18 GOSEGO MOTSUMI Motswana fine artist, Art in Martin Sefako, gained recognition and an opportunity with Edgars Art Competition in South Africa thanks to his hyper-realistic drawings and videos of notable figures, Ayra Starr, DJ Zinhle, Kairo Forbes and Nasty C. The…
Sports News
UB Marathon A Success
Kenyan Lazarus Too claimed the crown in 42.2km men’s category Sheila Saina repeated her last year’s feat in the women’s category Wheelchair race marked the inclusive nature of UB Marathon GAZETTE REPORTER The University of Botswana Marathon lived up to its promise to be the premiere event of the 2023 marathon season. According to a…
Phoenix Independence Table Tennis Tourney Promises Thrilling Competition
An invitation has been extended to Zambia GAZETTE REPORTER The stage is set for an exhilarating showdown as table tennis enthusiasts from across southern Africa converge on Botswana for the highly-anticipated Phoenix Botswana Assurance Table Tennis Independence Grand Finale. Scheduled to commence on Independence Day, the event promises to be a riveting spectacle that will…
GU, Galaxy Brace for Make-or-Break Moments in CAF Competitions
They stand on the threshold of greatness, eager to etch their names in the annals of African football history GAZETTE REPORTER The spotlight is shining brightly on Botswana’s football scene as two of its premier clubs, Gaborone United and Jwaneng Galaxy, vie for glory in the Confederation of African Football (CAF) competitions. With their fates…
Raguin Awaits Decision on Orange Bowl Tennis Tourney
This event is a stepping stone for future tennis stars Raguin holds 4th rank in Africa in the U-14 boys’ category Recently clinched IFT/CAT U-14 African Junior Championship title GAZETTE REPORTER Botswana’s young tennis sensation, Ntungamili Raguin, is anxious to know whether or not he will participate in the prestigious Orange Bowl International Tennis Championships…
BDP Nominated Councilor Joins BPP
Accuses fellow BDP members of political victimisation SESUPO RANTSIMAKO Citing victimisation by fellow democrats, a Specially Nominated Councilor in Francistown, Gilbert Boikhutso, has dumped the Botswana Democratic Party and joined the opposition Botswana Peoples Party (BPP). Confirming his defection to the BPP this week, Boikhutso said his decision was prompted by the political witch-hunting and…
Rakgare Outlines Challenges in Botswana’s Sporting Scene
Minister lists a challenging sponsorship environment, scarcity of sports programmes in public schools, doping concerns, and leadership instability among obstacles in Botswana sports GAZETTE REPORTER The challenges in Botswana’s sporting landscape have been acknowledged by the Minister of Youth Empowerment, Sports and Culture Development, Tumiso Rakgare. Speaking at a recent welcome ceremony for Botswana’s athletics…
Galaxy Relishes P1.5m Naledi Mining Sponsorship
Spokesman attributes sponsorship to Galaxy’s weekend victory over Orlando Pirates GAZETTE REPORTER Jwaneng Galaxy are celebrating a major boost after clinching a substantial P1.5 million sponsorship deal with Naledi Mining Company Services. This significant financial injection is seen as a timely windfall, particularly that the team is gearing up for participation in the CAF Championship…
LOCAL BOXERS SUFFER MAJOR SETBACKS AT OLYMPICS AFRICA BOXING QUALIFIERS
Most of them exited in the preliminary rounds Only Keamogetse Kenosi advanced to the quarterfinals GAZETTE REPORTER Botswana boxers endured a challenging outing at the Paris 2024 Boxing Africa Qualifier held at the Dakar Arena that concluded in Senegal last Friday. The tournament witnessed a string of disappointments for Botswana’s pugilists, with most of them…