The changing business landscape demands that it has to be more than just profit making
The economy is not what it used to be and it is not business as usual, which brings into question whether the concept of capitalism which places profit at the helm of its undertaking can continue to serve societies or not.
Government has not given up on giving a share to partners who may want to buy into the national airliner, Air Botswana, and talks are still on.
Air Botswana board of directors came up with a few possible scenarios including the option to seek an international partner.
The managing director of Econsult Botswana, Dr Keith Jefferies, has been appointed as an Independent Non‐Executive Director of the Botswana Stock Exchange (BSE) quoted venture capital company, Afinitas Limited.
Botswana Examination Council (BEC) internal audit report (2014-2015) has revealed inefficiencies reflecting an unhealthy status of the government Council.
In a country where the average income needed to buy the cheapest house is almost double the average annual urban household income, home ownership will continue to remain an idea sought after but gravely unattainable.
The ‘Rising Middle Class of Africa’ report says that Botswana’s middle class constitutes about half of the total population in 2010.
However, fast forward to 2016, this affluent class is not seen to be shouldering the economy especially at a time government is showing incapability. The questions is: Where is this middle class?
The managing director of Cresta Marakanelo Limited, Tawanda Makaya, has quit his job.
Makaya’s resignation, which has been confirmed by the company, is with immediate effect and follows a recent financial scandal that involved him and the company’s Chief Financial Officer (CFO) Valentine Mganga.
Diamond mining giant Debswana has indicated that plans are advanced to add 25 more years to one of its mines, Letlhakane mine.
The Botswana Stock Exchange (BSE) Chief Executive Officer (CEO), Thapelo Tsheole, has been elected into the African Securities Exchanges Association (ASEA) Executive Committee at the African Securities Exchanges Association’s (ASEA) 20th Annual General Meeting (AGM) this past week.
The Central Bank, Bank of Botswana (BoB) says the current and prospective environment is challenging for Botswana and thus requires renewed preparedness and structural reforms with respect to policy frameworks.
PARLIAMENT - The cabinet is said to be undecided on whether to approve a substantial funding requirement totalling P2.8 billion by the national air line – Air Botswana or not.
The Competition Authority granted its unconditional approval regarding the proposed acquisition of 50 percent of the shares in Ba Isago University (Pty) Ltd by Wenge (Pty) Ltd.
Although government is pledging its support to indigenous businesses as a way of empowering citizens, local industries have been implored to produce goods that are in line with market procurement standards in terms of quality and prices.
The Minister of Environment Wildlife and Tourism, Tshekedi Khama, says there is "no excuse" not to embrace renewable energy, underlining the Botswana’s new enthusiasm for the sector.
FRANCISTOWN - The Minister of Trade and Industry, Vincent Seretse says that it is high time that Batswana accept the fact that job losses are normal and will always be inevitable.
Responding to Francistown city councilors who expressed concern over the closure of Tati Nickel Mining Company and resultant layoffs last week, he emphasized that job losses will always be there.
The much anticipated Trans-Kalahari railway has rebranded from the original concept of a railway development project for coal to a regional corridor project designed to unlock the economic potential along the corridor for both the neighbouring Namibia and Botswana whilst contributing to wider social and economic progress.
The Parliamentary Committee on Statutory Bodies and State-owned Entities (PCSBSE) has recommended a forensic audit at the ailing Botswana Railways.
The recommendation by PCSBSE chairperson, Tati East Member of Parliament, Guma Moyo is said to give strategic direction of the parastatal after the audit report.
Of late, a week after another we are reminded of our country’s triple challenge of poverty, inequality and unemployment. Perhaps that should explain to you why on this space we so often make a commentary that is centred around or based on the trio.
KANYE - The Minister of Youth, Empowerment, Sport and culture Development Thapelo Olopeng has applauded the Barclays Bank Botswana strategies which he said are intended to support youth businesses and to alleviate the country’s unemployment rate.
The Letlhakane open pit mine, which is owned by De Beers Mining Company through Debswana Mining Company, has come to the end of its economic life, Minister of Resources, Green Technology and Energy Sadique Kebonang has told parliament.
