Business

Online Business registration before year- end

Companies and Intellectual Property (CIPA) Registrar General, Conductor Masena says they are expecting the implementation of the online registration before the end of this year once Parliament passes the bill.


16th April 2018

Vivo rewards customers

16th April 2018

Vivo Energy rewarded five customers with a P7 000 salary for the whole year through its win a salary competition.

BSE records P236.2 million turnover

16th April 2018

Botswana Stock Exchange (BSE) has recorded a turnover of P236.2 million from a volume 100.7 million shares traded as at March 31, 2018, the Market Status Report for period January 1 to March 31, 2018 reports.

Machine operator turned tombstones

16th April 2018

Youthful entrepreneur, Keabetswe Malope ventured into tombstone sales business after realising that there is an untapped opportunity in the market.

CIPA/BAOA sign

16th April 2018

Companies and Intellectual Property Authority (CIPA) has partnered with the Botswana Accountancy Oversight Authority (BAOA) to ensure adherence and compliance of provisions within the Companies Act that relates to financial preparation and reporting.

AIM conference to help developing countries attract FDI

16th April 2018

Botswana Investment and Trade Centre (BITC) has joined the world’s leading platform for Foreign Direct Investment (FDI) at the 2018 Annual Investment Meeting (AIM) in the United Arab Emirates that started on Monday and ends this Wednesday. AIM this year hosts more than 40 country pavilions and 18 country presentations and investment destinations including Botswana that will promote investment opportunities in their locations. Others include; UAE, China, Georgia, Italy, India, South Korea, Egypt, The Democratic Republic of Congo, Mali, Jordan, Cameroon, and Nigeria. According to information from the BITC, Acting Chief Operations Officer, Reginald Selelo, Ambassador of Botswana to Kuwait and United Arab Emirates, Manyepedza Lesetedi and Mayor of Lobatse Town Council, Malebogo Kruger are in attendance. AIM’s top focused sectors this year are; Agribusiness and Agriculture, Energy and Mining, Finance and Banking infrastructure and Logistics, IT and Telecommunications, Manufacturing, Real Estate and Property, Tourism and Hospitality and Trade and Industry. The eighth edition of the AIM Conference is expected to assist developing countries to attract FDI.

Creativity earns Maun youngster additional

13th April 2018

Driven by passion for art and business, the youthful Maun born Kebakaone Tsamaoba has found a business opportunity that continues to represent the town, its name, Proud Maun Rep (PMR0).

Barclays brace for periods of low interest rates

28th March 2018

Barclays Bank Botswana has posted an improved profit for the full year to December 2017 despite operating under weak economy, which is also characterised by low interest rates. Presenting the lender’s results recently, Managing Director, Reinette van der Merwe, announced that profit before tax leapfrogged by 13 percent to close the year at P558 million. “As the bank’s leadership, we are proud to have achieved this feat despite the challenging and competitive environment that we operate in,” said Merwe last Thursday. Revenue for the listed company remained flat at P1.46 billion.

Vaka dismisses allegations against Bona Life

28th March 2018

 Bona Life Chief Executive Officer, Regina Sikalesele-Vaka has dismissed all allegations against Bona Life over the Botswana Public Officers Pension Fund (BPOPF) multi-million Pula funds which are currently under investigation by the Directorate on Corruption and Economic Crime (DCEC). CMB has filed a P650 million suit against Sikalesele-Vaka. CMB’s lawyers, Kanjabanga & Associates, are demanding P650 million from the Bona Life CEO in her personal capacity, which they say is damages for alleged conduct in the running of the insurer.

Entrepreneurs benefit from Tony Elumelu Entrepreneurship Programme

28th March 2018

Twenty-nine local entrepreneurs have been selected to be part of the prestigious Tony Elumelu Entrepreneurship Programme 2018. The entrepreneurs who range from sectors including; consulting, media and entertainment, education and raining, Commercial, manufacturing and construction form part of the 1 000 entrepreneurs selected from 54 African countries within over 30 business sectors.

Gaone Mabalane, perseverance embodied

28th March 2018

Driven by passion for business and love for children, young entrepreneur, Gaone Mabalane realised that she can create employment by taking care of children. She registered a business in 2014 and started operating a day care centre in February this year through the assistance of Youth Development Fund. Her school, Little Saviours Academy, enrols children from one to six years. It is located in Block 8 Suburb of Gaborone. In an interview with Business Trends, Mabalane said the school is an innovative solution that acts as virtual parents, broadening the children’s skills and enriching each child’s cognitive, social and spiritual development. The school is different from other Pre-Schools as it has combined the national Pre-primary curriculum framework combined with ABC Jesus Loves Me, which focuses on academic development and the Bible.

Ten graduate from ODC entrepreneurship programme

28th March 2018

 Okavango Diamonds Company (ODC) held its second youth entrepreneurship graduation on Friday. The annual programme, which is a partnership with Stellenbosch University, has seen 10 youth graduating this year. Speaking during the graduation ceremony, ODC CEO, Frik Landman urged the young entrepreneurs to be creative and innovative so that they can benefit from the diamond industry. Landman said entrepreneurs should keep learning to develop their skills and understand market trends. “As an entrepreneur you have to go out there and look for relevant information.

Tsheole appointed chairman of SADC stock exchanges committee

28th March 2018

Chief Executive Officer (CEO) of Botswana Stock Exchange (BSE) Thapelo Tsheole has been elected Chairman of the Committee of SADC Stock Exchanges (CoSSE), a position he will assume for the next two years. Chief Executive Officer of the Malawi Stock Exchange, John Kamanga hason the other hand been elected as Deputy Chairman. The election took place at the just ended 53rd CoSSE meeting held last week in Maseru, Lesotho. Tsheole’s new role as Chairman of CoSSE would avail him an opportunity to grow and develop stock exchanges within the SADC region.


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