Business & Finance

UPDATE: The United States Continues to Lead the Global Response to COVID-19

The U.S. Government leads the globe with $12.5 billion allocated to benefit international COVID-19 response, including commitments for the development of vaccines and therapeutics, preparedness efforts, and foreign assistance. We are achieving real results, helping nations around the world respond to COVID-19 and thereby protecting the homeland. We continue to ensure that the substantial U.S. […]

Business & Finance

Auction Results (June 30)

The 7-day BoBC yield declined slightly to 0.99 percent from 1.00 percent of the previous week, for a paper maturing on July 8, 2020. For a 91-day paper maturing on September 29, 2020, the yield increased marginally to 1.01 percent from 1.00 percent. The summarised results of the auction held on June 30, 2020 are […]

Business & Finance

DCI lost 4.24 percent year to date

The Domestic Companies Index (DCI) lost 0.13 percent during the week ending June 26, 2020. As indicated by Stockbrokers Botswana weekly report, the index closed at 7 176.60 points from 7 186.13 points of the previous week. For the year-to-date, the index lost 4.24 percent. A total of 1 552 442 securities valued at P1 […]

Business & Finance

7 Plead Not Guilty to Looting More than $132 Million from South African Bank

Seven suspects accused of taking just over $132 million from VBS Mutual bank in South Africa have pleaded not guilty to dozens of fraud and theft charges. On Thursday, the court set their individual bail at $5,733. The suspects, including a former VBS executive, where arrested Wednesday during raids in Gauteng and Limpopo provinces. An […]

Business & Finance

South African President Announces Reopening of Businesses Under Strict Guidelines

South Africa will soon begin reopening full-service restaurants and casinos under strict conditions after nearly three months of being under lockdown restriction to contain the spread of the novel coronavirus. President Cyril Ramaphosa announced Wednesday night in a televised address that accredited accommodations and salons will also be allowed to reopen. Ramaphosa said the decision […]

Business & Finance

UNHCR Launches $186 Million Appeal for Sahel Displacement Crisis

GENEVA – The U.N. refugee agency is appealing for $186 million to protect and assist hundreds of thousands of civilians who have been forced to flee from escalating, increasingly brutal attacks from multiple armed groups in the volatile central Sahel region. The agency reports attacks by Islamist extremists and criminal gangs in Mali, Niger and […]