Month: August 2016

RMB Botswana outlines importance of listing on the BSE

RMB Botswana, a division of FNB Botswana, affirms that listing on the Botswana Stock Exchange (BSE) is a viable and established platform for companies across local industries to facilitate their operational growth.…

Afinitas Limited to invest $2.5m in Adventis

Botswana Stock Exchange (BSE) listed Afinitas Limited said it will make an investment in Adventis Limited, an Africa focused Financial Services Business. The investment is valued at $2.5m or P26 million in…

Dr Phosa scoops another African award

Anti-apartheid leader, prominent business leader and philanthropist Dr Mathews Phosa has scooped another top African accolade, just a month after he received the prestigious Excellence in Leadership award in Abuja, Nigeria. Dr Phosa made…

Ramachandran Ottapathu wins Warbler war but can’t celebrate

The Competition Authority has conditionally authorised the acquisition of the entire issued shareholding of Warbler Holdings (Pty) Ltd in IT4Africa Botswana (Pty) Ltd; Goldtech (Pty) Ltd; Healthwest Africa (Pty) Ltd; and Solid…

Motswedi Securities’ take on BoB rate cut

The Bank of Botswana (BoB) has reduced the Bank Rate from 6% to 5.5%. The last interest rate cut was made almost a year ago on the 6th of August 2015 by…

Bank of Botswana cuts benchmark rate to 5.5%

Bank of Botswana (BoB), the country’s central bank has lowered the cost of borrowing arguing that fundamentals point to a need to easy the monetary policy and support economic activity. The bank’s…