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Market Report (Business)

PPADB Plans Far Reaching Amendments

The Public Procurement and Asset Disposal Board(PPADB) is proposing to devolve the adjudication and award of all tenders to Tender Committees.

 Proposed amendments envisage the Composition of the Board to comprise of only  “Non-Executive Directors” and to do away with the hybrid composition which include full      time Executive Directors and the Executive Chairperson as members of the Board.

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LEA and Stanbic Bank Botswana recognize top LEA incubators

Pic: Calistas Chijoro, Head of Business Bank Stanbic BotswanaStanbic Bank Botswana joined forces with the Local Enterprise Authority (LEA) in a bid to bolster the development of the nation’s Small Medium Enterprises sector by sponsoring prizes for the LEA Glen Valley Horticulture Incubators as part of the Stanbic Bank Corporate Social Responsibility initiative.

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Barclays Reports Stellar Results

 

-          Profit Before Tax of P494 million

 

-          Impairments increase year-on-year

 

-          Staff costs hurt operating expenses

 

 

The Barclays Bank Botswana delivered excellent results despite severe economic disruptions such as the slowing economic growth and a general slow rebound in commodity prices. The Bank continued to make progress in growing the key business segments in various sectors of the economy.

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Opinion Poll

Who do you think is the next Bots President..?!

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