Last week saw the launch of an exciting new menu at La Touche de Provence, the in-house restaurant of Lansmore Masa Square as part of the hotel’s continuing efforts to deliver something beyond the usual. La Touche de Provence stays true to its Provencal-with-an-African-twist style of cuisine, so loyal patrons won’t be disappointed. The new menu, however, features treats ranging from a white pepper crème brûlée to roast baby chicken, rib-eye steak, Cape gambas or flambeed scallops. The pricing structure too has been changed so that guests can now choose from the set prices for one, two or three courses.…
Author: Editor
Standard Bank, also trading as Stanbic Bank in selected African countries, has been awarded the prestigious Global Finance award for 2013 Best Foreign Exchange Provider in Africa. Standard Bank was also named the Best Foreign Exchange Provider in four African countries, namely South Africa, Nigeria, Botswana and Zambia. SJ Kok, Standard Bank’s Head of Global Markets Sales in Africa, says the awards serve as recognition of Standard Bank’s status as Africa’s leader in the provision of foreign exchange services. He says Africa continues to be at the core of Standard Bank’s growth strategy and to play a leading role in…
Letshego Financial Services has donated over P700, 000 to a variety of charitable organisations in a kind gesture demonstrating its interest in the community in which it operates and draws its employees. Speaking at the Letshego Annual Donation Dinner, the Vice President Dr. Ponatshego Kedikilwe noted that this act of generosity was highly commendable. He said that Government was appreciative of efforts by its partners in development to transform the nation into one of shared responsibilities, shared opportunities and indeed a shared sense of community. “It is against this background that Government will always be greatly indebted to the business…
On Friday 30th November, Debswana Diamond Company, in partnership with First National Bank’s (FNB) Foundation Trust, officially handed over the Tswapong North Show Hall in Maunatlala village, near Palapye. The hall, which cost over P800 000 to build, will be used by residents of Maunatlala, Seolwane, Lerala, Majwaneng, Ratholo, Lecheng, Moremi, Lesenepole, Kgagodi, Tamasane, Mogapinyana and Diloro. This initiative is part of Debswana’s Corporate Social Investment (CSI) programme and the FNB Foundation Trust which both focus on various aspects of social responsibility and community development. Through their programmes Debswana and FNB aim to create partnerships with communities across Botswana to…
The Botswana National Productivity Centre (BNPC) in collaboration with the Botswana Federation of Trade Unions (BFTU), Botswana Federation of Public Sector Unions (BOFEPUSO) and Government as the Public Sector employer held a Joint Union / Management Interest Based Negotiation workshop. The workshop ran from 3- 4 December, 2012 and it was facilitated by an external Industrial Relations expert, Mr. John Brand. John has over the past twenty years arbitrated and mediated large commercial and employment disputes. He was a member of the International Labour Organisation’s team of international experts appointed to design mediation training for developing countries. The hosting of…
Discovery Metals Limited says it has temporarily adjusted its pit development plans after receiving notice from the Botswana Department of Mines, Minerals, Energy and Water Resources to cease deepening of the Zeta open pit. According to DML, the notice was given as a result of a localised failure of an interim pit wall situated in the hanging wall overburden at the Zeta open pit. “This minor pit failure did not result in injury or damage to equipment and did not significantly disrupt mining operations. However, Discovery Metals in conjunction with the Department has been investigating this matter and Discovery Metals…
As was confirmed by His Excellency the President in his recent State of the Nation Address, Government has decided to indefinitely suspend commercial hunting of wildlife in public or Controlled Hunting Areas as from the 1st of January 2014. This comes as a realization that the shooting of wild game purely for sport and trophies is no longer seen to be compatible with either our national commitment to conserve and preserve local fauna or the long term growth of the local tourism industry. Therefore and in light of various enquiries that have been received from members of the public…
As the half year saw a downturn in western and northern hemisphere economic health, American and European business declined in the tourism industry of Botswana, negatively impacting Chobe Holdings Group. Notwithstanding dampened markets, Chobe Holdings was able to register an increase of revenue and furthermore an increase in profit, although margins were rather flat. The group recently published its HY results for the period ending 31 August 2012. Revenue was up 15% to P81.7mn from P71.0mn. This was due to a marginal increase in the number of ‘bed nights sold’, as well as a relatively weaker pula against the dollar…
Moody’s Investors Service (Moody’s) has released Botswana’s 2012 sovereign credit rating, retaining the A2 rating for both foreign and domestic bonds together with the stable outlook. The A2 rating is based on an assessment that balances potential weaknesses arising from the country’s middle-income status and the small size of the economy against strengths such as the sound policy framework and effectiveness of government. In making this assessment, Moody’s emphasised the strong financial position of the government, resulting from prudent fiscal policies that compare favourably with other resource-rich, developing economies. The assessment further noted that despite the major challenges arising in…
Earlier this year we announced that Street View on Google Maps was coming to Botswana. Now anyone can travel virtually to Botswana via Street View on Google Maps and explore the country’s unique scenery and world-renowned game reserves. Following the launch of Street View in South Africa just before the 2010 FIFA World Cup, Botswana will become only the second African country to be on Street View. Street View is a hugely popular feature of Google Maps that is already available in more than 30 countries around the world. It allows users to virtually explore and navigate a neighbourhood through panoramic street-level images. It…