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Gov’t Prioritises Quality Infrastructure – Masisi

P1bn Okavango River Bridge links Botswana to Namibia Masisi hoists it as a means by which human life becomes livable GAZETTE REPORTER The Government of Botswana has prioritised quality infrastructure development as key to social upliftment, economic growth and development,” President Mokgweetsi Masisi has said. Officially opening the Okavango River Bridge at Mohembo recently, the…

Chobe to Continue to Expose Domestic Travelers to Tourism

The company has continued preferential rates across its properties GAZETTE REPORTER Ecotourism outfit Chobe Holdings Limited remains steadfast in its commitment to exposing domestic tourists to Botswana’s magnificent wildlife resource, the company has said. According to a Business Update published by Chobe on the Botswana Stock Exchange (BSE) recently, the company has since continued preferential…

BSE 2022 Turnover down to P3.1bn

Top three traded companies were Letshego (P499.9m), Letlole (P111.3m) and FNBB (P95.3m Equity turnover in 2021 was significantly high P1.1bn acquisition BancABC by Access Bank responsible for massive turnover in 2021 GAZETTE REPORTER Botswana Stock Exchange (BSE) recorded a total turnover of approximately P3.1 in 2022 as compared to P4.5 billion in 2021, the BSE…

‘Govt Borrowing Remains Below Statutory Limit’- BoB

Domestic borrowing and guarantees amounted to P24.7 billion (10.8% of GDP) in June 2022, substantially below statutory domestic borrowing limit of 20% External debt is estimated at 10.1% of GDP in the same period, which is also belowthe 20% threshold for Botswana GAZETTE REPORTER Government debt and guarantees increased to P40.9 billion in June 2022…

Retrenchments, Stolen Copper Depress BTC Performance

Retrenchments cost the telco P67m while the total impact of copper cable theft amounted to P29m GAZETTE REPORTER For the half-year ended 30 September 2022, the performance of Botswana Telecommunications Corporation Limited (BTC) was subdued due to difficult macro-economic conditions, as well as a one off provision for restructuring costs and escalation in replacement costs…

New Strategy to Generate Billions for DTCB

Target is P3bn to P4bn during a five year strategy period Strategy in line with National Digital Transformation Plan includes contract sorting for other diamond producers GAZETTE REPORTER In their efforts to increase their revenue, the Diamond Trading Company Botswana (DTCB) has developed a five-year strategy that will generate the company between three to four…

Credit Growth Decreases

BoB ascribes decline to decrease in loan uptake by households  Says its policy tightening also having a dampening effect on demand  Credit to businesses excluding parastatals up 11.2%  Credit to parastatals down 22.1% GAZETTE REPORTER Commercial bank credit decreased from a growth of 7.4 percent in September 2021 to 6.4 percent in the 12-month period…

Botswana’s Export Bill Down by P2 Billion in Sept

Reduced bill due to drop in exports of Diamonds  Copper, Machinery & Electrical Equipment follow Diamonds as the most imported Asia’s UAE and India the top destinations of Botswana’s exports Diamonds, Fuel, Machinery & Electrical Equipment and Food, Beverages & Tobacco the most imported  SACU region the source of most imports GAZETTE REPORTER Botswana’s total…

Bank Gaborone Sponsors Ba Isago Univerisity 16th Graduation

On Friday, 25 November 2022, Bank Gaborone sponsored graduate awards at Ba Isago University’s 16th anniversary graduation ceremony to the tune of P17,000. As a way to carry forward the government’s mandate of making Botswana a knowledge-based economy, Bank Gaborone has become intentional about empowering Batswana through education. Over its 16 years, the Bank has…

Lifestyle News

“My Botswana Plate” to Launch on DStv

OWN CORRESPONDENT DStv subscribers in Botswana and across Africa can look forward to the premiere of a new show styled “My Botswana Plate” on Honey TV, DStv Channel 173. The cooking entertainment show is hosted by a young Motswana foodie and cook, Rachel Tlagae, who is known as Chef Rachel on the show that will…

Pangolin takes in More Batswana for Wildlife Photography Mentorship

Pangolin Photo Safaris wants to broaden their search for talent down to the south of the country GOSEGO MOTSUMI After taking in the winner of the 2021 Pangolin Photo Contest in the Birds category, Brains Monekwe, on four nights of a photographic safari and masterclass in photography, locally based Pangolin Photo Safaris will be training…

BEPA Conducts Night Life Economy Case Study

Is determined to show value of night life economy to the country Botswana’s creative sector accounts for 5.43% of GDP GOSEGO MOTSUMI In a bid to trace the contribution of the country’s night life economy, the Botswana Entertainment Promoters Association (BEPA) has embarked on a case study, Time Out has established. As it currently stand,…

THUTO RANTAO: YOUNG MUSIC STAR TO LOOK OUT FOR

She is the latest Rantao to step onto the music scene• She’ll be a performing artist with a couple of singlesunder her belt by year’s end GOSEGO MOTSUMI Thuto Rantao grew up admiring the musical abilities of her family, the Rantaos, and it wasn’t long before she decided to forge her own path in the…

Women’s Awards Return for Second Edition

This year has a Lifetime Achievement award Categories have grown from 15 to 18 People can vote as many times as they wish GOSEGO MOTSUMI After successfully hosting the first Women’s Awards Botswana in Gaborone last year, organisers of the event are gearing up for the second edition that is slated for 27 May 2023…

Miss Botswana is the Face of KGK Diamonds

Chombo’s gaze is set on that blue Miss World crown in May Will kick off her Beauty With A Purpose project in Malolwane on Saturday GAZETTE REPORTER Miss Botswana 2023 has kicked off the new year with an official announcement that she is the Face of KGK Diamonds. Alongside Botswana’s king of the tracks Nigel…

TEAM DISTANT GOES OUT TO THE WORLD

Their next gig is in Europe, first stop London Their latest offering is on multiple digital billboards in Miami, USA Duo says it is staying true to their vision of representing of Botswana globally GOSEGO MOTSUMI After performing at a sold-out show in Nairobi, Kenya at the end of last year, local Afro-house duo Roy…

Naked Soul in Washington DC

Locally grown concept hosts first international gig in America Mpho Sebina is back in the studio GOSEGO MOTSUMI Songbird Mpho Sebina kicked off the new year on a positive note in distant lands where her music concept, Naked Soul, staged its first international gig in Washington DC, USA last Sunday in a free entry gig…

Sports News

Orange Injects 15.3m into FA Cup

Launch of sponsorship ends anxious time of uncertainty Allocations of P5.1m for prize money per season agreed GAZETTE REPORTER The Orange FA Cup will continue uninterrupted for the next three seasons after uncertainty attended its future, thanks to Orange Botswana injecting a P15.3 million into the blockbuster tournament. The renewed collaboration between Botswana Football Association…

Women’s National Softball Team Eyes World Cup Berth

16-strong team has been in camp since November Only two slots are available to Africa at the 2024 World Cup Botswana must go past Tanzania, Lesotho, SA, Uganda, Kenya, Zimbabwe and Zambia to get there GAZETTE REPORTER After being hard at work to qualify for the highly-anticipated World Baseball Softball Confederation (WBSC) Africa Women’s qualifiers…

BOBA Vice President Suspended for Misconduct

Alleged criminal record discovered in a background check  Mogotsakgotla was dropped as a team manager for AUSC Region 5 Games GAZETTE REPORTER The Botswana Boxing Association (BOBA) has confirmed the suspension of its vice president, Othusitse Mogotsakgotla, for an alleged criminal record that he had not disclosed. Mogotsakgotla was suspended with immediate effect pending a…

Summer Kids Marathon Gains Momemtum

After a successful inaugural run last year that saw school shoes worth P10 000 being donated to Medie Primary School in Kweneng, organisers of the Summer Kids Marathon are coming back inspired to do more for charity from this character-building effort that enjoys the support of BAA GAZETTE REPORTER The second annual Summer Kids Marathon…

MPOTE TIPS DITLHOKWE TO SUCCEED AT KAIZER CHIEFS

Says Chiefs are a potential plank for plucking the Botswana international off to Europe Sees Ditlhokwe as an instant first X1 fit because he has the necessary work rate andself-belief Looks ahead to the centre-half sealing the Zebras defence in AFCON qualifiersnext month Maclean Letshwiti has congratulated the impermeable centre-half on social media GAZETTE REPORTER…

BAA Impressed by Athletes’ Turnout at Season Opener

Wing-footed 400m runner Scotch clocked “a very good time” in the 100m Letsile Tebogo, Christine Botlogetswe and Galefele Moroko were conspicuous by their absence Next event will be in Gabs next month GAZETTE REPORTER Botswana Athletics Association (BAA) has officially started its 2023 season with the first track and field series event held in Francistown…

BFA, BFL PLAN TO ANNOUNCE LEAGUE SPONSOR

GAZETTE REPORTER Botswana Football Association (BFA) and Botswana Football League (BFL) are planning to cap their discussions by announcing a sponsor following months of engagements. BFL has been without a title sponsor for more than two seasons now following the withdrawal of the multi-million Botswana Telecommunications Limited (BTCL). A source says Absa Bank Botswana could…

CASH-STRAPPED BNSC CANNOT REFURNISH STADIA

Admits current state of surfaces is a potential danger to players Says it is considering privatising management of the facilities GAZETTE REPORTER Botswana National Sports Commission (BNSC) is considering privatising management of stadia across the country because it has no funds to refurbish the dilapidating sports facilities, Gazette Sports has established. Botswana football league club…