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CA SALES HEADLINES LISTING ON BSE
pic: www.knottinbotswana.com After acquiring CA Sales in 2012, Johannesburg Stock Exchange-listed PSG Group is following up on its acquisition by marching the dominant distributor to an Initial Public...
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BARCLAYS BANK BROADENS ITS APPEAL TO CORPORATES
Barclays Bank of Botswana says it is converting new business opportunities in the highly contested Corporate and Investment Banking segment (CIB), into unlocking greater value, over the third quarter...
View ArticleIT’S TIME WE HAD THE INDIGENOUS EMPOWERMENT LAW
Some will argue that an indigenous empowerment law is not good for investment, whilst others will say such a law would be good for the country’s long-term economic future. Love or hate such laws,...
View ArticleDE BEERS RETHINKS OPPORTUNITIES AS CONSUMER PATTERNS SHIFT
Diamond consumer trends have shifted, with more women having a greater degree of self-purchase spending power than they did in previous generations. The increase in their spending power has triggered a...
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BB CEO AMIDST ‘SEXUAL HARASSMENT’ STORM
Dr Moatshe (Pic:MONIRUL BHUIYAN/PRESS PHOTO) • BB President confirms harassment allegations • Launches an investigation • Disciplinary hearing next week • Moatshe slated for LEA CEO job After having...
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THE PROFILE OF A ‘CAPTURED’ ECONOMY
GABORONE, 12 May 2012, The president of the republic of Botswana Let Gen Seretse Khama Ian Khama hosts more than 100 destitute pensioners from Gaborone at the State House in Gaborone on May 12,2012....
View ArticleINSIDE BOB’S FEEBLE MONETARY POLICY
BoB oversees monetary policy through the Monetary Policy Committee (MPC) which convenes every two months or as and when necessary. The MPC is mandated to ensure price and financial stability through...
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THE BATTLE FOR A BPOPF’S P1.5 BN
Molefe (Pic:Taelo Maphorisa/BWR) Even before the process to appoint the next beneficiaries of the P1.5bn Incubation program, there are already grumblings of discontent. There are some industry players...
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CEDA IN CHAOS AS MOLALE SAGA BITES
(Pic:Press Photo) – DIS engaged to seek out alleged “moles” – Five senior staff summarily dismissed – Staff victims of a ‘paranoid’ management The troubled Citizen Entrepreneurship Development Agency...
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TSHEKEDI-LINKED DIAMOND DEAL CONTROVERSIAL
Monak Ventures (PTY) Ltd, a company owned by Tshekedi Khama, prominent businessman and architect Paul Paledi, one Polite Khutjwe and two international mining investors, Stuart Brown, Chief Executive...
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NDB AND THE STRAINING PURSUIT OF PROFITABILITY
You see, NDB, is not just a Bank. It is much more than your usual profit hungry commercial Bank which will do anything to make money. When legislators established the Bank, through an act of Parliament...
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BPOPF’S PIE COULD ROAST IN KENYA’S HEATING POLITICS
(BPOPF CEO Boitumelo Molefe. Pic:PRESS PHOTO) This week, Kenyan analysts Exotix Capital warned that the sooner a government can be formed in Kenya, the quicker can economic growth be put back on track....
View ArticleBANKS TAKE BLOW, AS BOB CUTS BANK RATE
Evidently, the Governor is determined to do everything possible to stimulate the domestic output. Driven by a need to attain the forecast 4 percent growth in GDP, Bank of Botswana (BoB) has further...
View ArticleBDF’S ‘OBSOLETE’ LANDROVERS ARE HERE
• BDF received first batches of the vehicles • Landrover deal marred by controversy over ‘dying’ vehicle • Khama proponent of the P161m deal • Army forced to take discontinued Defender fleet from UK...
View ArticleINVESTEC, RMB ACQUIRE CHOPPIES DISTRIBUTOR
The Private Equity arms of Investec Asset Management and RMB Ventures have acquired a 72 percent stake in Kamoso Distributor (Pty) Ltd, an umbrella company to ten companies that distributes to Choppies...
View ArticleTURNSTAR FACE OFF TANZANIA AUTHORITIES ON WITHHOLDING TAX
Property titan, Turnstar Holdings Limited may soon be engaged in a tussle with the Tanzania Revenue Authority over claims of withheld tax, the company has announced in its latest annual report....
View ArticleMOLALE SAND MINING ILLEGAL – MINISTRY
Government says Minister of Presidential Affairs and Public Administration, Eric Molale has been quarrying gravel at his farming business without first seeking an industrial minerals permit. The...
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DEBSWANA’S HIGH REVENUE UNDERTAKINGS
Orapa, Letlhakane and Damtshaa Mines (OLDM) General Manager Bakani Motlhabani, took over the reins on January this year, after his predecessor, Alan Breen left the employ of the company for medical...
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BCL – A GRUESOME AUTOPSY
PIC: Taelo Maphorisa • Incompetent board and management • Outdated and false financial reports • Collapsing infrastructure and bloated staff • Questionable deals around Polaris II BCL and its...
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NIGEL’S P100 000/DAY ENQUIRY
• Provisional liquidator fees average half a million a week • Legal fees so far more than P4m • Mining experts also engaged to probe BCL The wheels of the BCL enquiry grind slowly, and at around P100...
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