Month: June 2016

Why It Is Important To Buy Homeowners Insurance Cover

Botswana Insurance Company (BIC) has advised homeowners to protect their houses against core perils that inflict damage on the properties. The country’s largest short-term insurer said therefore buying or building a new…

Impairment Exercise Hits BTCL’s Topline

Botswana Telecommunications Corporation Limited (BTCL) recorded a large loss on its maiden results as a public company and blamed it on a number of factors including subsidies by governments as a mandate…

Stanbic Bank rewards local athletes

Stanbic Bank Botswana said it recognises the wealth of local talent in the athletic space, acknowledging and celebrating local athletes who excelled in the 2016 Diacore Gaborone Marathon (DGM). The Bank on…

PrimeTime Floats P105 Million Note On BSE

PrimeTime Property Holdings Limited, the Botswana Stock Exchange (BSE) listed property investment company said it has listed two notes on the bourse as it looks to diversify its funding options. The notes…

Orange buys Burkina Faso’s Airtel

Orange says together with its subsidiary Orange Côte d’Ivoire, it has completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso. Since the signature of an agreement with Bharti Airtel…

Paul Taylor leaves BTCL

The Managing Director of Botswana Telecommunications Corporation Limited (BTCL), Paul Taylor is expected to leave the company when his contract expires next month, the Botswana Stock Exchange (BSE) listed telcom giants said.…

Ex African Presidents fail to win 2015 Ibrahim award

The Mo Ibrahim Foundation has announced that there is no winner of the 2015 Ibrahim Prize for Achievement in African Leadership. The announcement was made following a meeting of the independent Prize…

Health innovation dominates Innovation Prize for Africa awards

An a glittering ceremony that marked the five-year milestone anniversary of the Innovation Prize for Africa, the landmark programme of the African Innovation Foundation (AIF),  innovative healthcare solutions took pole position this year,…

Afena Capital Botswana management eyes 51% stake in firm

Afena Capital Botswana management and the Afena Capital Botswana Staff Trust have proposed the acquisition of an additional 51% shareholding in Afena Capital Botswana (Pty) Ltd (Afena Capital Botswana), from Afena Capital…