Khumo properties banking on Airport Junction expansion
Botswana’s second largest mall by size, Airport Junction is undergoing a P65 million expansion, something which its developers, Khumo Property Asset Management, hope will give it an edge in the...
View ArticleLewis Hamilton clinches 3rd world title AMG arrives with him
And so there it is. Lewis Hamilton has gone on to bag his 3rd World Championship. That on its own is a very remarkable feat, considering the kind of talent that the guy is pitted against. But the...
View ArticleBoko disassembles Khama’s ESP
The implementation of the Economic Stimulus Programme (ESP) is nothing more than a strategy to ‘loot’ national funds before the Botswana Democratic Party (BDP) loses power, leader of opposition Duma...
View ArticleDiamonds are not forever
Because of the near-collapse of the diamond trade, Okavango Diamond Company cancelled its November sight sale losing over P140 million, while Debswana revenue fell by a quarter. Botswana exports have...
View ArticleChoppies targets 40 stores in Kenya
The leading retailer Choppies says it will operate 40 stores in Kenya in the next five years. Currently, the group operates 107 retail outlets in Southern Africa, comprising 68 stores in Botswana, 26...
View ArticleGeneral Electric sets sights on Botswana
Transport division in talks with Botswana Railways General Electric (GE), the behemoth diversified American innovative solutions provider has shown interest to invest in Botswana. Chief Executive...
View ArticleMowana liquidated over P50m bill
• 400 lose jobs • Court order granted this week • Mine failing to pay suppliers About 400 Batswana have been left unemployed after UK-based mining firm, African Copper shut down operations at...
View ArticleBSE’s ‘market-making’ to boost liquidity
In a quest to create a liquid trading environment geared at propelling the Botswana Stock Exchange (BSE) towards being an investment and trading hub, the bourse is on the verge of introducing a Market...
View ArticleGovt. injects P1bn to avert Mowana shutdown
• 500 jobs to be saved – Mokaila • Govt. may extend credit loan to ailing mine • Major contractor demands payment • Copper prices remain volatile Government is considering extending a credit...
View ArticlePerhaps we should revisit the idea of construction of the trans-Kalahari...
Much has been said about the envisaged billion pula railway line linking Botswana to Namibia. Many applaud the decision to construct the line as it would bring about much needed investment in the...
View ArticleThe Matsha accident-we all failed our childern
The Matsha truck accident and the injuries, trauma and the loss of so many young lives in such horrific circumstances is a heart-shattering tragedy. Any loss of a life is undesirable – but as our...
View ArticleGovt in hostile takeover of Rail Park Mall
• Pays Transnet P280m for new train • Plans construction of new retail outlets • Acquires Rail Park mall for P300m Government has approved a P300 million all-cash takeover of a premium shopping...
View ArticleBanking Sector prospects remain dim
The banking sector will continue to experience a downturn due to declining interest rates but potential for growth exists in the area of non-interest-income, according to a quarterly report by Motswedi...
View ArticleRizwan Desai-Is the Barclays Chairman conflicted?
Collins Newman & Co have done various legal works for Barclays Bank of Botswana. The law firm’s Senior Partner Rizwan Desai is the Bank’s Chairman. At the same time, the corporate legal giant does...
View ArticleConstruction Stimulus long overdue, needs proper implementation
The much debated Economic Stimulus Package is a long overdue lifeline for Botswana’s construction industry but attention needs to be paid to proper implementation in order to maximise the investment....
View ArticleBarclays dominates ETFs listing
Barclays Bank Botswana has proved to be a dominant player in listing exchange traded fund (ETF) instruments, maintaining a big lead on rivals Standard Chartered, Stanbic Bank and First National Bank...
View ArticleGov’t delay in recapitalization of Air Botswana limiting growth
Delay in recapitalization of Air Botswana by government, the sole shareholder in the airliner, is limiting growth. With the Economic Stimulus Package (ESP) having been announced, there were...
View ArticleThirsty Botswana looks to Lesotho for water
Botswana has made its way into the Lesotho Highlands Water Project, a water distribution initiative initially made up of Lesotho and South Africa. Minister of Minerals Energy and Water Resources (MEWR)...
View ArticleDe Beers’ 1.111 carat regret
When the De Beers Group, a diamond mining monopoly sold AK6 (Karowe Diamond Mine) 5 years ago, the idea was to dispose of a low-value asset at a mere US$49 million. It was a decision the thinkers at...
View ArticleBDF: Tenders galore
While the big aircraft manufacturers the South Korean, Korean Aerospace Industries, and Swedish SAAB and their local handlers eye the multi-billion Pula fighter jet tender, the stimulus package has...
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