SE-listed construction group Stefanutti Stocks is making some progress in its disputes with Eskom after the utility claimed it had overpaid almost R4 billion to various contractors at the Kusile power station, including an estimated R1 billion to two of Stefanutti Stocks' joint ventures (JVs). Read more.
Tags : botswana
Gaborone-Botswana Minister of International Relations Lemogang Kwape has called for global cooperation post covid 19 pandemic as a solution to reviving the southern African country’s economy. Read more.
The significant increase in Botswana mobile Internet subscriptions and Internet subscriptions the uptake of mobile broadband is attributable to dual ownership of SIM card by consumers to enjoy different mobile offers by operators, improved affordability due to recent price reductions, reduced movement during lockdowns leading to extensive use of electronic platforms. Read more.
Botswana’s exit from the Financial Action Task Force’s (FAFT) grey list and the European Union (EU) black list will be determined by the outcome of an on-site assessment that will be discussed at the FAFT Plenary in October 2021, the Minister of Finance and Economic Development, Peggy Serame, has said. Read more.
The favorable economic environment and stability in the property sector has positive outcome to the local property sector value with the average price for residential properties 11% up to P800K, Market for office space remains weaker due to COVID-19 and Construction developments at Gabs CBD to unlock growth, economic development analysts have said. Read more.
Tobacco traders have cried out to the Presidency of Botswana to show them leniency regarding to the signing of the Tobacco Control Bill No.9 of 2021, which has already gone through parliament despite criticism and is said to have hard done the sector. Read more.
Gaborone - Botswana Minister of Finance and Economic Development, Peggy Serame will table the country’s national budget in the next fortnight focusing on key sectors of education, health and infrastructure development. Read more.
Gaborone-Botswana has made commitment to work on a bilateral engagements with other common wealth countries to revive their battered economy which has lost billions from the tourism industry because of the crippling effects of the Covid 19 pandemic. Read more.
Gaborone-Botswana Minister of Agriculture Development and Food Security, Karabo Socraat has set in motion plans for a new transformative food production programme to replace the Integrated Support Programme for Arable Agriculture (ISPAAD). Read more.