CHINA VS BOTSWANA: PEACE vs BILATERAL: TRADE RELATIONS
The open hostility between China and Botswana does not start with the looming visit of The Dalai Lama. It has been ongoing for quite some time, the upcoming visit is the last kick to a dying house. A...
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COOKING THE NUMBERS: INSIDE STATISTICS BOTSWANA BOGUS EMPLOYMENT FIGURES
Pic: Press Photo Sometimes last year, there was commotion right in front of the national assembly. A group of fed-up young people took action to peacefully protest to the legislators about the rife...
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KHAMA AND TK IN GRIPEN SPLIT
– Tshekedi Khama opposed to the procurement – BDF top brass split with Commander – Only Khama and Commander fully support the deal – Masisi noncommital At the recent Airshow organised by the Minister...
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GOLD RUSH: How the proprietors of Galane Gold mine grabbed gold and cash
At the domestic bourse, Thapelo Tsheole, the Chief Executive Officer (CEO) of the Stock Exchange could not take it anymore having engaged the Canadian gold mining outfit, in a quest to get it to comply...
View ArticleWHAT WILL PRESIDENT MOKGWEETSI MASISI BRING TO THE TABLE?
Because he attends Parliament and appears like someone who cherishes debate and engagement so much and attends international meetings considering only these two factors, Vice President Mokgweetsi...
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RDC RETHINKS PROBLEMATIC MADAGASCAR
• Turns down two offers to buy troubled Isago Lodge • Upbeat about Madagascar markets • Acquisitions in South Africa awaits approval • Construction of projects in Namibia, Mozambique begin RDC...
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POVERTY, UNEMPLOYMENT, COULD REDUCE BATSWANA LIFESPAN
Driven by high rates of poverty and unemployment, most Batswana cannot afford quality healthcare, which would in the short to medium term affect their lifespan and economic productivity, says Moraki...
View ArticleAPEX PROPERTIES REJECTS A RENT-TO-OWN FINANCING POLICY
The fastest growing residential property developer, Apex Properties says it will not offer houses to Batswana on a rent-to-buy basis, which could empower Batswana to own houses on monthly installments,...
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KBL JOB LOSSES AS AB INBEV TAKE OVER KICKS IN
Pic: www.motswana.co.bw The Budweiser brewing giant, which has assumed management control over the St Louis Lager maker is embarking on aggressive cost cutting measures aimed at a lean staff, invoking...
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SPEDU GETS A P1.4 BILLION WINDFALL
• Americans invest P1.4 billion in Selibe Phikwe • Sayeed Jamali one of the local partners • Investment could create 3000 jobs An aviation company from the United States of Amrerica, Brite Star...
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LETSHEGO PLOTS TAX AVOIDANCE
Sources have revealed to The Business Weekly & Review, Letshego’s “re-organizational” structure, intended to be rolled out over the next 3 years. According to the new structure, Letshego will in 3...
View ArticlePULA STEEL’S JUDICIAL MANAGER FACES THE AXE
• Judicial Manager threatens to liquidate in four (4) months • Vermas want Judicial Manager sacked • Employees petition Judicial Manager over unpaid salaries Pula Steel has failed to act on a tender...
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OMBUDSMAN BTV REPORT PUTS SPOTLIGHT ON KHAMA
Augustine “Tenten” Makgonatsotlhe’s appointment as Ombudsman in May 2016 was clouded by a veil of controversy, which raised the spectre of government once again, using a democratic institution to...
View ArticleTHE INEXORABLE DECLINE OF COMMERCIAL BANKS’ VALUE
For years, the banks have been the superpowers of the BSE. The primacy of their size and influence to the Domestic Company Index (DCI) has been unrivalled, yet their rule is as brittle as any other...
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FNBB PAYS P18M FOR ‘DISMISSED’ EXCO MEMBERS
• 5 directors forced out • Recruitment for new blood in process • ‘Leadership renewal’ process 80-90 percent complete Five executive members who have been employed by the First national Bank of...
View ArticleTHE RETIREMENT FUNDS ACT AND ITS IMPLICATIONS FOR MEMBERS AND BENEFICIARIES
In my article last week, titled Botswana And the Progressive Death Benefit Provisions in the Retirement Funds Act I discussed some of the highlights of the Retirement Fund Act (RFA) and the retirement...
View ArticleBOTSWANA AND THE PROGRESSIVE DEATH BENEFIT PROVISIONS IN THE RETIREMENT FUNDS...
In 2013, Oxford University Press published one of my articles titled “The Emergence of a Comprehensive Regulatory Framework for Pension Death Benefits in Botswana” in volume 34 of the Statute Law...
View ArticleBANKS HAUNTED BY NON-PERFORMING LOANS
• Banks’ asset quality deteriorates • Past due loans up 32 percent • Impairments reach P2.5 billion Driven by continuously dwindling disposable income and job losses, Batswana have failed to re-pay...
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TROUBLE AT BIHL: THE FALLOUT OF WOMEN IN POWER
• BLIL CEO: a victim of circumstances • BONA LIFE ‘eats’ into BLIL clientele • Botswana Life loses momentum • BIHL CEO unhappy with Moorad performance • Irreconcilable differences between BIHL Boss...
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TROUBLED ECONOMY, DRAGS ON BSE’S DOMESTIC COMPANIES
Thapelo Tsheole (Pic:MONIRUL BHUIYAN/PRESS PHOTO) Performance of Botswana Stock Exchange (BSE) listed companies on the domestic index has decelerated 11.3 percent against the back drop of subdued...
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