Search Results for: Botswana

Vehicle registration in the landlocked southern African diamond-rich Botswana has surged over the past decade, with vehicle numbers increasing at an average annual 9.4% rate since 2006, according to statistics from the country’s department of road transport and safety.

The sudden ballooning sales for a country of just over 2 million people, which recently celebrated its golden jubilee independence, has ignited other auto industry support businesses – parts sales shops, car breakers and insurance companies selling motor vehicle insurance – and is fuelled by transactions made for both new and used cars sales.…

Botswana’s first vocational training school for the textiles and clothing sector has opened its doors, aiming to close the skills gap restricting the growth of the industry in this southern African country.

Farhan Ghafoor, general manager for the Textile and Clothing Institute of Botswana (TCIB), told just-style one of the biggest challenges facing the industry in Botswana is the “chronic shortage of skilled personnel”.…

The United Arab Emirates’ (UAE) spa market experienced healthy growth in 2015 compared to 2014, increasing 11% in value terms to reach Emirati Dirham AED1.57 billion (USD428 million), according to market research company Euromonitor International.

In 2016, the market is predicted to grow by 9% to hit USD435 million year-on-year, accounting for nearly 14% of the Middle East and Africa’s USD3 billion spa market, according to Euromonitor.…

A MEETING of the European Parliament’s special committee on tax rulings has grilled multinationals over European Union (EU) member state tax rulings. The European Commission fears they have been abused by governments giving companies low tax rates in return for registering businesses in their jurisdictions.…

While many economies in Africa are growing fast, there is a consensus amongst accountants that the continent has to build its business reporting and administration to make sure this growth is sustainable. Indeed, the third African Congress of Accountants (ACOA), staged in Port Louis, Mauritius, from May 11 to 14, heard that this essential work is needed now, even as some countries remain marred by severe socio-political unrest, economic instability, poverty, famine and disease.…

The Open University of Tanzania (OUT) is reaching out to higher education institutions in other neighbouring countries to establish collaborations that will encourage more foreign students to enroll for distance learning.
University vice chancellor Professor Tolly Mbwette said the institution’s board hoped to spread its influence regionally: “We are now the largest distance learning university in the region and our plan is to take distance learning to most countries in East Africa and those under the Southern African Development Community [SADC] by 2016.”…

Textile and clothing industry businesses from diamond-rich southern Africa country Botswana have formed a new industry grouping – the Botswana Textile and Clothing Association (BTCA). Its goal is to boost the sector’s efforts to fully utilise duty free incentives under the USA’s African Growth and Opportunity Act (AGOA), which it anticipates will soon be renewed by the US congress before it expires in 2015.…

Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology is now a fully licensed tertiary institution, after seven years operating under an interim licence. The university’s vice chancellor Dr. Raphael Dingalo said the institution’s staff and students were upbeat about the development, announced earlier this month (September 1), just before the graduation of more than 900 students, from several African countries.…

While Africa can be a tough place to work, it offers key opportunities for skilled financial professionals who can develop an understanding of how African business operates. Susanne Swaniker-Tettey, chief financial officer at Okavango Diamond Company Pty Ltd, is one such specialist.…

The Botswana International University of Science and Technology (BIUST) is now operating at its permanent home in country’s Central District, having moved from temporary premises near the capital Gabarone.
The project, promoted by the country’s former president Festus Mogae, has been launched to boost science, engineering and technology degree programmes within Botswana, boosting the quality of its labour force.…