BOTSWANA NEWS ON FASTMOVING
KBL introduces responsibility platform16/10/2013 - 09:22
Kgalagadi Breweries Limited (KBL) has taken in the quest to provide information on alcohol and responsible consumption is through their site, www.talkingalcohol.com read more
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Grocery chain Sefalana withdraws lawsuit against Competition Authority, Choppies, Botswana03/10/2013 - 13:00
Local retail chain, Sefalana, has withdrawn a lawsuit it filed at the Lobatse High Court against the Competition Authority (CA), Choppies, SupaSave and MegaSave. Citing market share concerns, Sefalana went to court after it lost the bid to acquire SupaSave and its distribution wing, MegaSave to rival supermarket chain, Choppies. read more
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Supasave acquisition to yield P10m profit for Choppies, Botswana09/09/2013 - 09:29
The acquisition of Supasave by Choppies is set to improve the latter's revenue by at least P200 million in the next financial year. read more
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IMF warns Botswana on household debt05/09/2013 - 07:45
The International Monetery Fund(IMF) has weighed into the long-running debate on high household debt, warning that commercial bank's level of exposure to this was a "significant source of vulnerability". read more
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Botswana: Retail ops power Sefalana to "best ever results"26/08/2013 - 10:22
Sefalana Holdings' retail operations swam against the tide of government spending cuts and lower consumer confidence to power the group to its "best ever" financial results, with management ebullient on the 35 percent jump in pre-tax profits to P147 million. read more
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New Samsung Store Opens In Rail Park Mall, Botswana02/08/2013 - 09:02
Samsung Botswana officially opened its third store in Gaborone at Rail park mall, bringing the total number of Samsung franchise stores in Botswana to five. read more
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Builders Warehouse opens second store in Botswana29/07/2013 - 09:17
Massmart is pleased to announce the opening of its second Builders Warehouse store in Botswana. The store opened its doors on Thursday, 25 July 2013. Massbuild invested R20,5 million in the new 5 150 m2 Builders Warehouse, located in Somerset West, Francistown. The first Builders Warehouse store in Botswana opened in Gaborone, in September 2011. read more
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Cell phone subscribers top 3 million in Botswana23/07/2013 - 10:22
Cellphone subscriptions in Botswana reached 3.08 million at the end of last year, nearly double the number recorded in 2008, with similar jumps in the uptake of various Internet services, BusinessWeek has established. read more
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Botswana government calls for promotion of local products11/07/2013 - 11:33
The Assistant Minister of Trade and Industry, Keletso Rakhudu has said Botswana must have a twin pronged strategy in promoting itself. read more
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Business confidence remains subdued in Botswana05/07/2013 - 09:12
Local businesses remain unenthusiastic about the current state of the local economy, citing weak demand, cost of finance as well as concerns about the cost of fuel, the Bank of Botswana's latest Business Expectations Survey has revealed. read more
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"Choppies Offer Was Sweetest For Supasave, Botswana24/06/2013 - 11:21
The Competition Authority has revealed that Choppies was one of three suitors lined up to acquire 15-year-old retail group, SupaSave, winning the deal due to the superiority of its offer on the table. read more
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Di clothing collection launched on local Botswana market10/06/2013 - 09:10
For many young people, fashion sense is what gives them status and dignity. With the diverse clothing lines and brands to choose from, every one of them is able choose a certain brand that they can identify with. David Motawana, or 'Di' has launched a clothing line in Botswana that many of the fashion conscious in Botswana will surely identify with. read more
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Botwana: Choppies retail chain looks to expand in SADC14/05/2013 - 09:58
Choppies Enterprise Limited, the opaque retail store, issued a trading update earlier last month ahead of its two-year ambitious plan that will see its turnover hitting the US$ 1 billion mark (about P 8 billion) per annum. . read more
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Botswana: Kgalagadi Breweries re-launches its Core Original cider14/05/2013 - 09:54
Kgalagadi Breweries Limited (KBL) recently revealed that the placing of the people dressed in orange suits in strategic locations around Botswana was a part of their marketing strategy to relaunch its cider, Core Original. read more
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Botswana: Textile sector teeters on the brink06/05/2013 - 09:50
The future of about 4,000 workers in the country's textile sector is uncertain as firms report that local and export orders for June and beyond have dried up. read more
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Botswana: Choppies supermarket moves to acquire competitor, SupaSave03/05/2013 - 09:52
Local Botswana retail chain, Choppies, has moved to wholly acquire one of its competitors, SupaSave, the Competition Authority (CA) revealed on Wednesday. read more
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Indians seek Botswana business links03/05/2013 - 09:45
An Indian business delegation was in Botswana last week to seek investment opportunities and strengthen ties with local stakeholders. read more
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Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa23/01/2013 - 10:04
Choppies, the BSE-listed supermarket chain, seems to be paying the price for fast expansion across the country and its vigorous entry into the South African market. read more
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SABMiller takes Chibuku across Africa15/10/2012 - 08:43
SABMiller planned to take its African beer brand, Chibuku, to 10 countries across the continent, as part of its strategy to produce more affordable beer for lower-income consumers while taking market share from the “informal” alcohol sector, the brewer said last week. read more
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Botswana beef a bonus for consumers13/08/2012 - 07:54
Cape Town - The 3 500 tonne shipment of beef from Botswana expected to hit the South African meat market will be a boon to consumers but may not have SA beef producers jumping for joy. read more
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JD Group launches bond offering13/06/2012 - 08:37
JD Group (JDG) on Tuesday announced the launch of its inaugural offering of convertible bonds due June 2017 in a nominal amount of up to R1.0 billion‚ with an option to increase the issue size. read more
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Green Cross makes in-roads into Southern Africa29/11/2011 - 10:26
Green Cross is making consistent in-roads into neighbouring countries through well placed export orders. read more
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SA upbeat over free-trade pact with South American bloc15/11/2011 - 10:16
Trade and Industry Minister, Rob Davies, says SA stands to accelerate its share of exports with South America’s largest economies, through a free-trade agreement with Mercosur due to come into force next year read more
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Builders Warehouse, the leaders in home improvement, enters Botswana, opening its first store outside South Africa28/09/2011 - 10:53
Builders Warehouse is pleased to announce that it has opened its doors in Gaborone (Botswana), the brand’s first store outside of South Africa. The store opened on 22 September 2011. read more
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