News

Stanbic Bank launches new Platinum Credit card

Stanbic Bank Botswana Private Banking clients will now enjoy a premium lifestyle of elegance, convenience and enhanced experience that comes with the launch of the new Platinum Credit Card. This Platinum Credit…

Govt gets tough with foreign companies over reserved businesses

The Botswana government is getting tough with foreign companies that continue to do businesses reserved for citizens with the Ministry of Investment, Trade and Industry making its intentions clear after declining to…

CEDA launches Mabogo-Dinku to address waning relevance

The Citizen Entrepreneurial Development Agency (CEDA) has launched a new product that undertakes to provide funding for securing assets and to provide working capital for small businesses. The new offering, Mabogo-Dinku, follows…

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…

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…

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…

African entrepreneurs rub shoulders with Obama in Silicon Valley

Afolabi Abiodun, CEO of Nigeria-based telecommunications company SB Telecoms, couldn’t quite believe his eyes as he stood on Stanford University’s bustling Silicon Valley campus recently. Milling around him were 700 other entrepreneurs from…