Story By: Calistus Bosaletswe Pictures By: Calistus Bosaletswe
Friday, 12 Jul 2013
Finance Minister Kenneth Matambo says the continued stability of Botswana's financial sector, is a major factor in attracting direct foreign investment. Matambo was speaking last night, in Gaborone, at the launch of a new corporate logo for the Non Banking Financial Institutions Regulatory Authority. The Non Banking Financial Institutions Regulatory Authority was formed in 2008, following a government decision to establish a single authority to regulate the activities of non-bank financial institutions.
Wednesday, 10 Oct 2012
Motor Centre Botswana Service Manager, Leigh Ruis, says they have not yet received any communication informing them about a massive recall of Toyota vehicles. Japanese carmaker, Toyota, is preparing a massive global recall, involving 7,4 million cars due to a possible electronics glitch that may cause electric windows to emit smoke. Ruis admitted that the recall could affect Botswana. Reports say cars affected include Yaris, Corolla, Camry and RAV4 that were built between 2005 and 2010.
Wednesday, 10 Oct 2012
Statistics Botswana says the country’s economy grew by 1.2 percent in the second quarter of this year after rising by a similar margin in the first quarter. It says on a year-on-year basis growth was at 8.4 percent in the second quarter compared with a revised 6.7 percent in the previous quarter. The statistics agency revised annual growth for 2011 to 8 percent compared with 8.1 percent for 2010.
Tuesday, 31 Jul 2012
The Global Expo 2012 will this year focus more on the youth when it takes place from the 21st to the 24th of November this year. Briefing the media this afternoon, Botswana Investment and Trade Centre official, Lameck Nthekela,said the main theme for this year’s Expo is “Fostering Economic Diversification, Skills And Entrepreneurship”. He says this year the youth will be key to the expo and there will be competitions to encourage them to participate in business.
Friday, 25 May 2012
To accelerate sustainable economic growth in the region, countries need to implement common, simple and predictable joint programmes related to customs, trade and economic liberalisation. Speaking at the annual meeting of the World Customs Organisation for East and Southern African countries this morning in Gaborone, Assistant Minister of Trade and Industry, Vincent Seretse says sustainable economic growth can be achieved only by standardising and simplifying customs processes across the entire Southern African Customs Union, SACU.