News

Olopeng to officiate at BSE’s opening bell ceremony

The Botswana Stock Exchange (BSE) continues to bring a number of high profile personalities for its Opening Bell Ceremony and this time around the local bourse is bringing on board Minister of…

Entries open for the 2019 Top 100 Young Independents

In its fifth year, the Top 100 Young Independents (TYI) is searching for 100 inspiring and aspiring young leaders from across sub-Saharan Africa who are involved in projects that are contributing towards…

IMF chief calls for global cooperation

The Governor of the Bank of Botswana, Moses D Pelaelo, in his capacity as the Governor and representative of Botswana at the Non-Executive Board of the International Monetary Fund (IMF), accompanied by…

Copper cables theft bleeds BTC   

Botswana Telecommunications Corporation Limited (BTC) has said it is experiencing a surge in copper cable theft, both underground and overhead, which has resulted in service disruptions and loss in millions of Pula…

Letshego group CE resigns less than a year in role

Group Chief Executive of Letshego Holdings Limited, Smit Crouse has left the consumer lender with immediate effect. The listed company said Dumisani Ndebele has been appointed as Group CEO for the interim…

Retirement Funds Assets grew 40% in last 5 years

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has released its 2018 Statistical Bulletin which is produced annually. The Bulletin shares statistical data collected from regulated entities over a five year period, in…

Bank of Botswana HQ undergoes major redevelopment

The Bank of Botswana says it will embark on a major redevelopment of its Headquarters, commencing in March 2019 and expected to be completed in June 2022. This is part of the…

Youth urged to look to entrepreneurial vocations

Botswana youth have been urged to look to more entrepreneurial vocations. Speaking at a recent African Youth Entrepreneurs Summit 2019, Kgori Capital managing director, Alphonse Ndzinge said this is one way of…

Botswana has weak anti-money laundering frameworks—EU

Botswana has been named amongst countries with strategic deficiencies in their anti-money laundering and counter-terrorist financing frameworks. The country was fingered in a new list by the European Commission that aims to…

Ramos to step down as Absa Group Chief Executive

Absa says its Group Chief Executive, Maria Ramos will retire at the end of February 2019. She has been at the helm for 10 years and has led the Group through significant…