Month: July 2016

African Risk Capacity Insurance appoints new CEO

The African Risk Capacity Insurance Company Limited (ARC Ltd) has announced the appointment of former IFC Director, Dolika Banda as Chief Executive Officer, effective from 7 September 2016.She will take the reins…

Dr Mathews Phosa receives prestigious African award

Anti-apartheid activist, prominent business leader and philanthropist Dr Mathews Phosa has been presented with the prestigious Award for Excellence in Leadership at the African Achievers Awards (AAA). The accolade was received at…

BSE Open Day slated for Francistown

The Botswana Stock Exchange (BSE) will host an open day in Francistown next month as part of its efforts to take educate Batswana outside Gaborone—where the exchange house is located. The overall…

Fairfax buys Zurich Insurance’s Botswana operations

Fairfax Financial Holdings Limited said it has entered into an agreement with Zurich Insurance Company Ltd to acquire 100% of its South African and Botswana operations, Zurich Insurance Company South Africa Limited (ZICSA). The transaction is subject to customary…

BSE in mixed trading in Q1 and Q2

The Domestic Company Index (DCI) of the Botswana Stock Exchange (BSE) lost ground in the first two quarters of the year reversing the gains it made on the comparative period in 2015.…

Corporate bonds cheer dull BSE debt market

The Botswana Stock Exchange (BSE) bond market has declined year-on-year although there was more activity in the corporate debt instruments. The BSE said on its market performance report up to the period…

Government admits Botswana internet is slow and unreliable

Government says there are raft of factors that makes internet in Botswana slow and unreliable. Answering a question in parliament, Minister of Transport and Communications, Tshenolo Mabeo admitted that internet is slow…