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Category Archives: Botswana News
Xolani Nyali, senior associate, Competition & Regulatory Practice, Bowmans
Botswana says it will not ban the use of free Internet calling services which is slowly dominating the local market, Deputy Permanent Secretary (ICT) in the Ministry of Transport and Communications disclosed this week.
Africa trade sector has received good news – especially for manufacturers and traders in South Africa, Namibia, Mozambique, Botswana, Swaziland and Lesotho. On 14th September, 2016, the European Parliament The approved an agreement which grants access for the EU countries to receive products from the above listed countries on a duty-free basis. What this means is that, Namibia, Mozambique, Botswana, Swaziland and Lesotho have been offered duty-free access to EU markets while South Africa is also listed to have an improved market access.
A Copper and Nickel mine in Diamond rich country, Botswana, Bamangwato Concession Limited (BCL) is staggering under heavy debt of approximately P1 billion (US$100 million), sending shivers that if the entity closes down the small town of Selebe Phikwe will close down and unemployment statistics shoot up, it has come to light this week when Botswana President visited the mine.
Botswana Telecommunications Corporation Limited (BTCL) says it is planning to automate its systems and repositioning itself to cater to all customers’communications needs, the company disclosed this week.
Barclays Bank of Botswana launched a mobile paying system this week Tuesday, called mobile Point Of Sale (mPOS) which will see customers process transactions within cell phone network range, to help businesses and entrepreneurs who don’t have a fixed place of operation.
Neoliberal reforms in Africa, increasing global commodity prices and rising global resource demands have led to significant economic turnovers within the recent past decade for some African nations – Libya, Ivory Coast, Ghana, Nigeria, Liberia, Sierra Leone, South Africa, Egypt, among the rest . In accordance, there has been a substantive growth in the extractive industry investment, especially in sub-Saharan Africa. A surge of investment within extractive industry has brought about a diverse number of feedback in mineral-rich countries. In Ghana, there has been a boom investment towards artisanal mining while violating national mining principles and regulations and also neglecting Cooperate Social Responsibility (CSR), main focus is trade! The situation is similar in most mineral-rich countries— varied concerns from society including rejection of the extractive industry or acceptance with high expectation of increased economic status of the society arising from gainful employment, and protest over labour conditions.
The combination of a challenging business environment, liquidity constraints as well as a limited number of financially credible off-takers in many jurisdictions indicates that there may be a need for right-sizing some of Africa’s planned power projects, according to Jeannot Boussougouth, Executive: Power & Infrastructure at Standard Bank.
The African Innovation Foundation (AIF) (www.AfricanInnovation.org) today announced the top 10 nominees for its landmark programme, the Innovation Prize for Africa (IPA). Now celebrating its 5th year under the theme “Made in Africa”, IPA is the premier innovation initiative in the African continent, offering a grand share prize of US$150 000 and incentives to spur growth and prosperity in Africa through home-grown solutions.
Interview with ECPDM Deputy Manager, Isabelle Ramdoo
The Governor of the Bank of Botswana, Ms. Linah Mohohlo, and the Deputy Managing Director of the International Monetary Fund, Mr. Min Zhu, hosted today in Gaborone, Botswana, a regional conference entitled “Small Middle-Income Countries in Sub-Saharan Africa—Raising the Bar” . Delegates included senior officials from a number of countries representatives of the private sector, academia, the Executive Board of the IMF and IMF staff. At the end of the conference, the following statement was issued:
Colloque international à la FAO du 15 au 17 février 2016
FarmConnecta, a Botswana-based start-up, received a prize valued at 10,000 euros
Le prix « Challenge Développeurs AMEA Orange 2015 » à la startup FarmConnecta
La sécurité alimentaire s’aggrave dans les zones victimes de troubles civils et de conditions météorologiques défavorables
Transparency International estimates 75 million Africans paid a bribe in the past year
La corruption gagne du terrain et les gouvernements sont impuissants à enrayer le phénomène, d’après le sondage d’opinion mené en Afrique
Transparency International estime que 75 millions d’Africains ont versé un pot-de-vin au cours de l’année dernière