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Cresta Unveils Bold Expansion Plans for 2024
Group records 13% year-on-year revenue increase to P400 million Heightened activity in meetings and events noted as a factor 50-room Cresta Jwaneng Hotel singled out for special mention Report note proliferation of Airbnb and rooms across the country GAZETTE REPORTER With the aim of solidifying its position as the cornerstone of Botswana’s burgeoning tourism and…
KBL Records Profit Surge and Boosts Sechaba’s Overall Performance
Product mix and pricing drive PBT by 21% at KBL But PBT down 25.5% at sister company Coca Cola GAZETTE REPORTER Kgalagadi Breweries Limited (KBL) has announced a remarkable 21 percent increase in profit after tax for the year ending 31 December 2023. As a result, majority shareholder Sechaba Holdings Limited (SBHL) saw substantial…
Standard Chartered Reports Strong Results in 2023
Acknowledges monetary and fiscal authorities for slowing inflation Records 52 percent increase in profit after tax to P307m But Non-Funded Income (NFI) 26% lower margins on forex GAZETTE REPORTER Standard Chartered Bank Botswana has revealed commendable performance for the fiscal year 2023, boasting impressive figures in income and profit before tax. Writing in the bank’s…
Letshego Optimistic About 2024 Despite Challenges
Aims to expand mobile lending through partnerships with mobile service providers Report underscores core deduction products and insurance for underserved customers Digital self-service to drive sales growth and collection key to 6-2-5 strategy GAZETTE REPORTER Letshego Holdings Limited is confident about overcoming the hurdles it faced in the course of 2023 and positioning itself…
Gambling Authority Receives Special Recognition at African Gaming Expo
GAB recognised for nurturing a responsible and well-regulated gambling environment in Botswana Botswana’s burgeoning gambling industry is poised to generate 3000 jobs when fully operational GAZETTE REPORTER The Gambling Authority of Botswana (GAB) has received a Special Recognition Award at the recently-ended African Gaming Expo (AGE) that was held in Lagos, Nigeria. …
Stanbic Expects 2023 Profits To Exceed P50m
Projection translates into profit before tax of between P59m and P118m Bank makes cautionary statement to meet Section 9.8 of BSE Listing Requirements GAZETTE REPORTER Stanbic Bank Botswana Limited has issued a cautionary announcement indicating a prospective surge of more than P50 million in profit before tax for the year ended 31 December 2023. Stanbic…
Stanbic Bank Structured Solutions and Products Engineered to Deliver Client Growth
Stanbic Bank Botswana last week welcomed key stakeholders, clients and members of the media, for an insightful morning dubbed ‘Connected Conversations – Structured Solutions’, a platform at which the Bank presented a strong portfolio of Global Markets (GM) Forex (FX) Structured Solutions and Products, part of the Head of Corporate & Investment Banking (CIB) offering.…
Gunotsoga Primary School Hosts CITW Botswana & Wilderness Guests
Kelebogile ‘’Kelly’’ Baitshoki, Children in the Wilderness (CITW) Botswana Assistant Administrator On 9 March 2024, Kelly and Gaba from Children in the Wilderness Botswana (CITW), together with Wilderness Botswana Community Liaison Officer, Sam Kavindama, embarked on a trip to Gunotsoga Primary School to meet the Altmans, a group of eight Wilderness guests. The…
First National Bank Botswana and TheNeoHub Join Forces to Launch The FirstPreneur, An entrepreneurship development program in Botswana
First National Bank Botswana (FNBB) and TheNeoHub announced their partnership in launching a groundbreaking entrepreneurship development program called The FirstPreneur, aimed at fostering growth and innovation within the small, medium, and micro-enterprises (SMMEs) sector in Botswana. TheNeoHub is an incubator, accelerator, entrepreneurship, and enterprise development center that supports startups and entrepreneurs in Botswana and across…
Lifestyle News
BOSJE to Mark International Jazz Day with a Special Show
Switzerland’s Lajani Band will join an eclectic lineup of seasoned veterans and emerging jazz musicians, each poised to dazzle the audience. Staff Writer GOSEGO MOTSUMI reports As the sun sets on 30th April, music lovers around the globe will unite in celebration of International Jazz Day, a momentous occasion dedicated to honouring the rich heritage…
Bomme Basadi Set to Dazzle in Concert
Punah Gabasiane, Nono Siile, Charma Gal and Kearoma Rantao will become the pioneers of what will henceforward become a feature of social life in Botswana when they demonstrate what the country’s distaff section of entertainers in music can do on Saturday. Staff Writer GOSEGO MOTSUMI gives a hint of what to expect In a celebration…
From Crown to Quill: Palesa Molefe Pens Children’s Affirmations Book
O Sharp? O Sho? is a validating journey that ignites the spark of self-discovery and resilience in the hearts of young readers GOSEGO MOTSUMI In a delightful twist of fate, Miss Botswana 2021 Palesa Molefe has traded her tiara for a pen, embarking on a heartwarming journey as an author of children’s affirmations book titled…
Lesego Chombo: I am Done with Pageantry
Beyond the Miss World Africa crown, the beauty queen known for her surgical-sharp intellect has made the impactful decision to channel her passion into charitable endeavours and commercial ventures GOSEGO MOTSUMI With her legion of admirers in Botswana and abroad still encouraging reigning Miss World Africa, Botswana’s own Lesego Chombo, to explore other pageants, the…
The “Steve Harvey” Project Unveiled
Formally called Botswana Ignite, the project is set to deliver the Family Feud Botswana game show, drama/comedy and reality shows GOSEGO MOTSUMI Creatives and film and TV professionals last week witnessed the official unveiling of the long awaited “Botswana Ignite” initiative that is well known as the “Steve Harvey” Project at the BTV Auditorium in…
SKY Girls BW Celebrates 10 Years of Impact and Announces Exciting Future Plans
GAZETTE REPORTER SKY Girls celebrates its 10th anniversary, reflecting on a decade of empowering and uplifting teenage girls across Botswana and beyond. The celebratory event held at New Capitol Cinemas at Masa Centre on 8th April 2024, brought together esteemed guests from diplomatic, business, civic, and government circles to honour the remarkable journey of…
More than 10 Years Later, BW to Make a Glorious Return to Miss Universe
The excitement around Botswana’s return to Miss Universe is palpable both within the country and abroad GOSEGO MOTSUMI After a decade-long absence, Botswana is set to reclaim its spotlight on the international stage with its return to the prestigious Miss Universe competition. In 1999, Mpule Kwelagobe became the last Miss Universe of the century, winning…
Sebaga Closes Her Pageantry Chapter
After emerging Miss Botswana Second Princess twice, the indefatigable beauty says this year was her last shot at the crown that has eluded her but will continue to do charity work through her ToroNtle project while furthering her studies. And she may just, as she told GOSEGO MOTSUMI, go on to train young girls interested…
Sports News
“Our Athletes are Peaking Perfectly for the Global Stage” – BAA
Oabona Theetso: “With PBs, these athletes are setting lifetime bests while SBs indicate ongoing improvement” GAZETTE REPORTER Botswana Athletics Association (BAA) is a contented organisation because its athletes are achieving remarkable results, hitting personal bests (PBs) and seasonal bests (SBs) in recent competitions. Speaking in a telephone interview, Vice President Administration of BAA, Oabona Theetso,…
IM Oatlhotse Makes History with 7th Metropolitan National Chess Championship Victory
“It’s like a race,” he says of his victory after noting how he likes “the number seven and am happy to have won this for the seventh time” GAZETTE REPORTER International Master (IM) Providence Oatlhotse emerged victorious at the Metropolitan National Chess Championship, claiming the prestigious title for an unprecedented seventh time in the Open…
Gabs Karate Open Championships Set to Thrill at UB Indoor Sports Arena
The tournament’s inclusive ethos extends a welcoming embrace to both local and international karatekas, eschewing selection or qualification criteria GAZETTE REPORTER The eagerly-awaited Gabs Karate Open Championships is poised to captivate audiences at the prestigious UB Indoor Sports Arena in Gaborone on 4 May 2024. Spearheaded by event organiser Ofentse Bakwadi, this year’s tournament…
GU Dents Rollers’ Title Hopes
… but tenacious Popa believe they still have an outside chance of winning the league GAZETTE REPORTER Gaborone United’s 2-0 win over Township Rollers in the Gaborone derby has dented the latter’s title hopes, leaving Popa trailing log leaders Jwaneng Galaxy by eight points. The defeat was worsened by Galaxy’s comfortable 3-0 victory over Morupule…
BAA Dominates Sports Awards Nominee List
As expected, wing-footed sprinter Letsile Tebogo is a leading contender for Sportsman of the Year title that is expected to go to him GAZETTE REPORTER Botswana’s Athletics Association (BAA) has once again proved its prominence in national sports by securing the most nominations ahead of the upcoming Botswana Sports Awards. Athletics stars and related participants…
Nawa Aims High After Victory At ITF J30 World Tour Juniors Championships
Now eyeing the upcoming J200 tournament in Durban, Mark Nawa is determined to break into the top 250 by year’s end GAZETTE REPORTER Botswana’s rising tennis prodigy Mark Nawa clinched the coveted title of ITF J30 World Tour Juniors Champion in the boys category. Botswana Tennis Association (BTA) has been hosting the tournament at its…
More than pride at stake in Gaborone Derby
Highly-anticipated game is a must-win encounter for each side GAZETTE REPORTER More than bragging rights will be at stake when Gaborone United and Township Rollers battle it out in a capital derby that will play out for 90 minutes at the National Stadium in Gaborone on Saturday (time to be confirmed). Both clubs are in…
Botswana Motorsport Season Kicks Off with Thrilling First Round in Kopong
Kagiso Stephens, PRO for Kalahari Cross Country Racing: “This is just the beginning. We are revving up for an epic season ahead.” GAZETTE REPORTER Racing enthusiasts were treated to a display of speed and skill when 35 riders in cars, bikes and quad bikes tore through the terrain when the first round of the Botswana…