The Laff-A-Lot Comedy crew is back with a bang and a fresh new concept for their next event. According to Media Liaison Officer for Comedy for the Nation of Botswana, Gaolathe Kediemetse, “comedy shows play an important role as a platform for comedians to have regular shows and also make them marketable to the corporate world where they can make a living off comedy from regular bookings.” The event’s venue sponsor is Khwest Cafe. “It must be noted that an event of this magnitude involves several costs from ground transport, sound system, DVD recording equipment, security etc. Although financial help…
Author: Editor
Discovery Metals Limited has reported the maiden Mineral Resources estimate at the NE Mango 2 Deposit. NE Mango 2 is located approximately 20 kilometres from the 100% owned Boseto Copper Project, and approximately 5 kilometres along strike from the NE Mango 1 Deposit . It extends over a strike length of approximately 6.6 kilometres. The Managing Director of Discovery Metals, Brad Sampson commented, “The NE Mango 2 deposit maiden Mineral Resources estimate continues to emphasise the growth potential in the Boseto zone. We will further define the mineralisation in this area and assess its suitability for both open cut and…
Discovery Metals Limited (Discovery Metals or Company) said it had met with representatives and advisers from Cathay Fortune Corporation (CFC) and China-Africa Development Fund (CAD Fund) to discuss the unsolicited, indicative, non-binding proposal to acquire all the shares (not currently held by CFC) in Discovery Metals for A$1.70 per share (Indicative Proposal). The Directors have considered the Indicative Proposal and its terms and have taken advice from the Company’s financial advisers, UBS. “The Directors have advised the representatives of CFC and CAD Fund that the price proposed by CFC and CAD Fund is inadequate and does not reflect, in the…
Caterpillar Financial Services (Dubai) Limited (Cat Financial), an indirect subsidiary of Caterpillar Inc. and a wholly owned subsidiary of Caterpillar Financial Services Corporation, the largest financier of Cat® machines worldwide, and Standard Bank Group, Africa’s largest banking group, have entered into a collaboration agreement through which Standard Bank will provide a range of financial services to Caterpillar customers in six African countries. The collaboration will be branded Cat Financial Services, Services Provided by Standard Bank Group. The Cat Financial and Standard Bank Group co-branded asset finance will be offered in Nigeria, Kenya, Uganda, Tanzania, Ghana, and Sierra Leone, which are…
In an effort to ensure the utmost satisfaction of customers, Stanbic Bank Botswana will soon begin transition into a new Core Banking System, called Finacle. The technologically advanced system will be replacing the current Bank Master System. The new generation banking system will empower Stanbic Bank to derive optimal value from customer data in order to meet a range of operational, business and strategic objectives. This system guarantees consistency across reporting, and plays a pivotal role in transforming key institutional data into measurable performance indicators. Above all, it will enable Stanbic Bank to add more value to its customers. The…
Monday night, 15th October 2012, saw listed company Letshego Holdings Limited engage stakeholders from across the globe at a dinner to celebrate the 14th anniversary of the Group’s inception as well as the commemoration of 10 years of being listed on the Botswana Stock Exchange. The dinner, held at Lansmore Masa Square, also served to kick off a week long strategic planning session for the Group which saw its CEOs form across its African operations converge in Botswana. The Board and Executive Management of Letshego welcomed CEOs from the 11 countries in which Letshego operates for the celebratory dinner and…
From making it into the top 5 finalists list in the Industry Sector Award Category, to scooping a 3rd place award at the 2012 Africa SMME Awards held at Cape town South Africa, Miraculous Investment, a Local Enterprise Authority (LEA) registered client has not only made LEA proud, but has positioned Botswana as a country of innovation within the industry sector. Miraculous Investment (Pty) Ltd is a Botswana wholly citizen owned company that started its operation in June 2006. It is located in the Central District of Botswana, in Serowe village, under the ownership of Yaone Tebogo, Thato Tebogo and…
In a recent communication, KBL and BBL noted that almost all the Directors and indeed other Senior Executives, who have left the companies have moved on to assume senior positions including at CEO levels, elsewhere. It is hugely significant, that Thomas Mpedi, the current General Manager at BBL has recently been appointed as Managing Director at Maluti Mountain Breweries in Lesotho; a highly coveted role that places him firmly at the pinnacle of his career. This is a huge source of pride for KBL and BBL. The group of companies are proud of the exceptional leaders that they continue to…
The September 2012, national year-on-year inflation rate was at 7.1 percent, up by 0.5 of a percentage point from 6.6 percent in August 2012. The cities and towns’ inflation rate grew by 0.8 of a percentage point from 6.4 percent in August to 7.2 percent in September. The urban villages’ inflation rate increased by 0.1 of a percentage point from 6.9 to 7.0 percent, the rural villages’ inflation rate also registered an increase of 0.1 of a percentage point from 6.6 percent in August to 6.7 percent in September. The September national Consumer Price Index was at 162.1, registering an…
Investec Asset Management Chief Executive officer, Hendrik du Toit, CEO, has been named Chief Executive of the Year at the prestigious Financial News Awards for Excellence in European Institutional Asset Management. Viewed as the definitive and authoritative industry view of the performance and strategy of the main players in the European institutional asset management industry, the winners in each category were decided upon by a panel of more than 100 pension fund consultants, fund management executives and marketers from across Europe. Financial News, a Dow Jones publication, is one of Europe’s top institutional trade publications. The CEO of the Year…