December 6th Edition
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View ArticleThe Cat’s Paw
David Van Niekerk and his associates played a major behind-the-scenes role in siphoning millions of Pula in investment funds out of the country through an elaborate scheme. This scheme first involved...
View ArticleDirectors ‘Reject’ Aluma Capital
David van Niekerk’s involvement with Aluma Capital in July 2019 marked a dramatic shift for the company. Since his arrival, all of the original directors have resigned, and of the nine new directors...
View ArticleBotswana to develop horse racing strategy
The Gambling Authority is leading the development of a comprehensive horse racing strategy designed to foster inclusive economic growth, create jobs, and enhance the quality of life for citizens. This...
View ArticleHB Antwerp ready to work with new government
Rafael Papismedov, co-founder and Managing Partner of HB Antwerp Botswana says the election of President Duma Boko marks a pivotal moment for Botswana’s diamond sector. HB Antwerp plans to closely...
View ArticleBotswana tops Africa’s economic instability list for 2024
Botswana has always stood out as the bastion of macroeconomic stability and financial prudence, but the latest Africa Country Instability Risk Index, released by SBM Intelligence in November 2024 shows...
View ArticleNPC probes underperforming ministries
Several government ministries and departments in Botswana have been flagged by the National Planning Commission (NPC) for failing to meet service delivery expectations. The NPC’s Commissioner General,...
View ArticleEmpowering women to find their voice
Boineelo Palai, popularly known as Mys Bee, is the founder of the Women Evolve BW Organisation. In an interview, she explains that Women Evolve is an initiative she launched in 2019, dedicated to...
View ArticleBVF hails ODC sponsorship for Zone VI championships
The Botswana Volleyball Federation (BVF) has hailed a shot in the arm by the Okavango Diamond Company (ODC) ahead of the upcoming Zone VI Region Senior Clubs Championships. BVF said the P250,000...
View ArticleBanks poised to gain most from UDC’s victory
While the Umbrella for Democratic Change (UDC) has yet to outline specific policies for the banking sector, its broader agenda suggests significant potential benefits for banks, according to global...
View ArticleSuspected laundered money hits P191 million in six months
The Financial Intelligence Agency (FIA) has reported suspicious financial activities amounting to P191 million in just six months, as detailed in its latest Trends Report covering January to June 2023....
View ArticleDecember 13th Edition
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View ArticleGovernment’s Financial Woes Spread to Banks
The central bank has reduced the Primary Reserve Requirement (PRR) for banks from 2.5 percent to 0 percent, as banking liquidity approaches critical levels. Banks are required to hold a certain...
View ArticleJwaneng Modular Plant Celebrates a Decade of Production
Jwaneng Modular Plant (JMP), one of the four plants at Jwaneng Mine, is celebrating a decade of production this year. The plant’s construction began in April 2012 with the primary objective of...
View ArticleInside HB Antwerp’s wealth creation plan for Botswana
Q: Has the Botswana Government paid for its equity stake in HB Antwerp? A: The due diligence phase was done, and the Government of Botswana was about to share the draft contracts. No equity...
View ArticleDividends and Penalties don’t trigger VAT
One of the most common perplexing tax issues that usually boggles the mind of some professionals is whether or not VAT is applicable on payments of dividends and penalties of any kind, including those...
View ArticleLucara injects P1.5 billion to extend Karowe life
Canada’s Lucara Diamond Corp announced a P1.5 billion investment to expand its flagship Karowe Mine in Botswana, extending the mine’s lifespan beyond 2040. The Toronto Stock Exchange mining junior...
View ArticleDecember 20th Edition
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View ArticleTicano: Empowering SMEs in Botswana and Beyond
Ticano Group, a creative financial solutions provider, has become a key player in financing Small and Medium Enterprises (SMEs) supplying government, councils, parastatals, and large corporations...
View ArticleAELP integrates continent capital markets
The African Exchanges Linkages Project (AELP) is leading efforts to integrate the continent’s capital markets, aiming to transform Africa’s financial landscape. Lina Tonui, AELP’s Project Manager,...
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