Business

Rand appreciation propped Minergy's sales up

Recovery of the South African Rand at a critical time resulted in exchange gains on payments received from the Botswana coal miner’s...

MMINELE IS MINDFUL OF LEADERSHIP VACANCIES IN ABSA BOTSWANA

No sooner was Daniel Mminele appointed to the remunerative post of Absa Group CEO in January 2020 than he found himself facing a cocktail...

CHOPPIES RETURNS TO PROFITABILITY

A turnaround strategy led by Choppies chief executive Ramachandran Ottapathu with the blessing of the new board of directors has returned...

Stanbic’s parent, Standard Bank is the Best Bank in Africa,...

Additionally, Standard Bank South Africa and Stanbic Bank Uganda were named best banks in their respective markets.

Lucara acquires P2.5bn funding for Karowe mine expansion...

This debt package will supplement cash flows from continued operations of the Karowe open pit over the next 5 years, extending Karowe's...

At $1.3bn brand value, FNB is recognised as Africa’s Most...

FNB is the top performing brand among top 200 most valuable bank brands in the world in the 2021 Brand Finance® Global 500 Banking...

Imara analysts see upside potential for Letshego

• Imara values Letshego at P 1.54 per share • Investors advised a BUY

Botswana Diamonds recovers diamonds from the River Kimberlite...

11 diamonds, 172 G10 pyrope garnets, 623 G9 pyrope garnets, 555 eclogitic garnets, 438 chromites and 268 chromium diopsides (clinopyroxene)...

More loss for Afinitas as it bows out of the BSE

The Directors informed shareholders that the loss for the financial year ended 31st December 2020 is likely to be 80­90 percent greater...

CA Sales says trade restrictions on alcohol sales will...

CA Sales says the biggest negative impact during the year ended 31 December 2020, was the restriction on alcohol sales for an extended...

Cresta projects massive loss, withdraws Phakalane Golf...

The audited consolidated profit before tax for the year ended 31 December 2020, is estimated to be 320 percent to 340 percent (P98...

RDC Properties’ profit falls 90 percent due to subdued...

main reasons for the decrease are management’s conservative approach to the valuation of the investment property portfolio in the...

Absa says its profit will decline by an astonishing P271mn

The banks says the outbreak of Covid-19 has had a significant impact on the economy and business community across different industries...

BTO ENHANCES BOTSWANA TOURISM PRODUCT ADMIST COVID-19

Botswana Tourism Organisation (BTO) is faced with the difficult task of resuscitating the country’s tourism industry that is perhaps...