Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Monday, 14 December 2009

Gadifele Shashane is the Standard Chartered Millionaire! - Lifestyle - Sunday Standard

One second you could almost hear a pin drop as the attendants lapsed into silence. And then seconds later, they would all burst into uncontrollable chatter and nervous laughter. The finalists had been whittled down to 10 from an initial 538 contestants, who had all entered the Standard Chartered Bank million maker draw launched on the 3rd of October. Customers were required to simply maintain a minimum average balance of P1,000.00 per quarter and earn a chance to win P1,000,000.00. The winner, who resides from Palapye, said she had invested more than P375, 000 in her account. This calls to why she grabbed the whole P1 million. She was overwhelmed, and she ran short of words. All she said was, “God never disappoints.”

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Business Place receives cash injection as it becomes envy of SADC - Business - Sunday Standard

The original sponsors of The Business Places this week showered the organisation with a series of cheques that amounted to approximately two million Pula. Owner of Motor Centre and board Chairman of The Business Place, Satar Dada pledged P500,000.00. Citizen Entrepreneurial Development Agency (CEDA) also pledged P500,000.00 for the next three years while also offering training and mentorship to the clientele of the business place. Kgalagadi Breweries Limited, (KBL) contributed P400,000.00 to the development of young local entrepreneurs. Barloworld and Investec, both pledged P300,000.00 a piece. The University of Botswana revealed that the university is able to provide human resource assistance and full commitment to The Business Place from the chancellor.

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Wednesday, 11 November 2009

Botswana Telecom Expands Mobile Network With Ceragon

Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions announced that Botswana Telecommunications Corporation (BTC) selected their advanced solutions for upgrading its nationwide wireless backbone as well as the backhaul network of its cellular subsidiary beMobile. Ceragon solutions will enable BTC to support rapid subscriber growth and meet its service expansion plans. Equipment orders related to this deployment top $1.5 million.

With Botswana's high mobile phone penetration-rates in Africa, BTC offers voice and data services supported over its mobile network. Ceragon’s FibeAir(R) solutions that support high speed wireless transmission, will enable the BTC to continue to offer its growing customer base high-quality and disturbance free service delivery as part of the Rural Services Improvement and Expansion project that BTC has signed with Botswana Telecommunications Authority. Deployments are already under way and are expected to be completed by the end of 2009.

"In order to succeed in the dense telecom market of Botswana, it was important for us to select a backhaul solution that will ensure high quality service delivery at a competitive price," said a BTC spokesperson.

Watch out ORANGE (BOTSWANA)
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Saturday, 19 July 2008

Fridge Firm Ordered to Pay Ex-Employee P11,730

Fridge Firm Ordered to Pay Ex-Employee P11,730

The Industrial Court has ordered Gaborone Refrigeration (GR) to pay P11,730 to Tapela Kelebetse as his severance benefit for the 129 months he worked for ...
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Hana Mining Appoints Country Advisor in Botswana

Hana Mining Appoints Country Advisor in Botswana

Hana Mining Ltd. (TSX VENTURE:HMG) is pleased to announce the appointment of Kgosiemang Keith Molosiwa to the position of country advisor in Botswana. ...
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Saturday, 28 June 2008

Companies Could Do More in Sponsorships

Companies Could Do More in Sponsorships

Corporate social responsibility is gradually becoming part of Botswana's corporate culture. Companies, particularly of local origin, are increasingly ...
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Recent issuances in bond market and likely impact

Recent issuances in bond market and likely impact

In Botswana, however, capital market development has not been a great imperative because the government has consistently run budget surpluses. ...
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Friday, 20 June 2008

Botswana lifts bank rate, inflation to stay high

Botswana lifts bank rate, inflation to stay high

JOHANNESBURG, June 19 (Reuters) - Botswana's central bank increased its bank rate by 50 basis points to 15.5 percent on Thursday, warning that inflation ...
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Botswana Central Bank Raises Benchmark Rate to 15.5% (Update1)=

Botswana Central Bank Raises Benchmark Rate to 15.5% (Update1)

By Antony Sguazzin June 19 (Bloomberg) -- Botswana's central bank raised the benchmark lending rate by half a percentage point, the second increase in a ..
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Wednesday, 18 June 2008

Private equity funds get “aggressive” on BOMAID

Private equity funds get “aggressive” on BOMAID

Southview, a creation of Venture Partners Botswana and BOMAID, raised warning bells in the market this week by offering P 17 million offer in a protec... [Full Story...]
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First National Bank moves on

Africa ExpressImage via WikipediaFirst National Bank moves on

The effect of the collapse of one of the county’s giant haulage companies, Africa Express, is less than was initially expected. From a bank lending ex... [Full Story...]
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Engen’s profits surge by seven percent at the back of crude oil prices

Engen’s profits surge by seven percent at the back of crude oil prices

Engen, the third largest petroleum company’s profits soared by seven percent to P 921 million as a result of the sky-rocketing crude oil prices. Ac... [Full Story...]
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Stanbic issues P 2 billion bond to address diamond industry’s demands

Stanbic issues P 2 billion bond to address diamond industry’s demands
Stanbic Bank, an off-shoot of Africa’s leading bank, Standard Bank of South Africa, raised a P 2 bil... [Full story]
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Francistown’s economic prospects plummet as Activox project collapses

Satellite image of Francistown and surrounding area.Image via WikipediaFrancistown’s economic prospects plummet as Activox project collapses
The economic prospects of the city of Francistown are once again at their lowest ebb after the colla... [Full story]
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Sunday, 15 June 2008

Olympia to buy minority stake in local plumbing company

Olympia to buy minority stake in local plumbing company

Last week the company made known another acquisition by its subsidiary, Olympia Capital Corporation Limited (OCCL) — listed on the Botswana Stock Exchange ...
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Maun Blog

Maun Blog

Discovery Metals Limited - Making Progress Recent company information from Discovery Metals is very positive about the drilling they are doing about 100km from Maun. Discovery Metal's Managing Director, Jeremy Read, said that drill ...
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Zulu spuds CBM exploration well in Botswana

Zulu spuds CBM exploration well in Botswana

LONDON, June 13 -- Zulu Energy Corp. spudded its first coalbed methane (CBM) exploration well on the Pandamatenga licenses in northeastern Botswana. ...
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