Business

Giyani Announces Progress In Botswana Manganese Projects

• Kgakgwe Hill and Otse prospect are located in a close proximity in the southern part of the country

The P1 billion profit decline

The full picture of the impact of COVID-19 on corporate earnings is emerging as listed companies disclose their financial performances....

BBS DEPOSITORS UNEASY ABOUT SAFETY OF THEIR P2.5bn

• Commercialisation process likely to be delayed • BSE stops trading of BBS shares • Depositors panic over BBSL wars • Financiers...

DCI depreciates 5.1% in Q1

The volume of shares traded during the review period were higher than in the corresponding period in 2020.

Absa launches cloud computing skills incubator to train...

Absa is the first organisation in Africa to initiate an AWS Skills Guild to employees

RMB HELPS GHANA RAISE $3BN

This issuance enables the Ministry of Finance to raise funds to refinance more expensive shorter-dated debt with affordable term debt....

BancABC income lines exhibit resilience

The only major detractor in the Bank’s performance was an increase in expected credit losses from the supportive measures extended...

Anglo American to demerge South Africa thermal coal operations

The separation will be implemented through the transfer of Anglo American’s thermal coal operations in South Africa to a new holding...

Lucara extends supply agreement with HB to support prices

The decision to sell +10.8 carat rough diamonds under a committed supply agreement with HB beginning in July of 2020 has helped support...

Afinitas delisting swindle

• Afinitas exits Ethiopia after investing nearly P30 million of pensioners’ funds • Shareholders who invested P90 million will be...

Absa compensates P1bn shareholder value destruction with...

• ABSA Group Limited (being the majority shareholder) has immunised the minorities from the impact of separation costs incurred in...

Ellis Retail Group acquires Payless Supermarket

• 200 new staff hired • Payless has 8 branches in and around Gaborone

US gives RDC efficient currency hedge to the SADC region

RDC asserts that it continued to see strong performance on its investments in the United States (US).

BTC redefines local telecommunications landscape

From its establishment by an Act of Parliament a little over 40 years ago in 1980, BTC has grown in leaps and bounds from the digital...

Absa digital usage rises 34 percent

The 34 percent growth in digital adoption and usage is an indication that customer preferences are growing towards self-service channels....

Anglo American announces collaboration on feasibility study...

The proposed hydrogen valley will stretch approximately 835 kilometres from Anglo American’s Mogalakwena platinum group metals (PGMs)...