Author: Fantastic Moments
Fantastic Moments
Fantastic Moments is a subsidiary online publication of Fan’Mo Group committed to helping its clientele, corporates, consumers and brands connect with their audiences. We are about well-articulated and curated storytelling and features of impact and awareness of your brand from Botswana to the world.
Botswana Life, a prominent life insurance and advisory business, continues to play a significant role in the performance of the Botswana Insurance Holdings Limited (BIHL) Group. Botswana Life is pleased to report a 21% increase in its Core Earnings for the fiscal year ending 30 June 2024 in comparison to the previous period. Botswana Life’s growth demonstrates the successful implementation of strategic initiatives to optimise premium variances, increase premium income, and effectively manage renewal expenses. This significant progress highlights the company’s ability to adapt to evolving market conditions while consistently delivering strong value to its stakeholders. The rise in core earnings underscores the effectiveness of…
It’s important for all of us to understand the changes happening in our financial landscape and how they impact our daily lives. Recently, the Bank of Botswana made the decision to lower its Monetary Policy Rate by 25 basis points, bringing it down from 2.15% to 1.90%. But what exactly does this mean for you, and how could it affect our country’s economic activity? What Are Basis Points? Let’s start with the basics. When we talk about “basis points,” we’re simply referring to a way of measuring changes in interest rates. One basis point equals 0.01%. So, when we say…
• Net Insurance Service Result: The Group’s net insurance service result increased by 19% to P87 million. • Revenue from Contracts with Customers: Revenue rose by 8% to P158 million, driven by robust performance across key business units. • Life Insurance Business: Core earnings increased by 21% due to reduced negative renewal expense variances, a reduced negative premium variance and higher earned premiums on the corporate line. • Assets Under Management (AUM): The Group’s AUM saw a significant increase of 16% to close the period at P48.2 billion. GABORONE: Botswana Insurance Holdings Limited (BIHL) Group has announced its interim consolidated financial results for the six months ended 30 June 2024. The unaudited results reflect the Group’s robust financial…
In a significant stride towards fostering a culture of learning and innovation, Orange Botswana in partnership with Conexus (Pty) Ltd hosted the Atlega Educational Fair at The Fields Mall in Gaborone. This collaboration underscored Orange Botswana’s commitment to advancing education in Botswana, particularly through the integration of e-learning solutions. The fair, which recently took place, successfully inspired and engaged students by blending education with fun and interactive activities. The Atlega Educational Fair provided students from Standard 1 to Form 5 with an enriching learning experience to incorporate in their upcoming school holidays. The event featured a variety of educational activities, including quizzes, practice tests, and opportunities to win exciting prizes, all while learning…
With the Paralympic Games Paris 2024 officially opening on Wednesday 28 August, we take acloser look at five-star African athletes to watch at the event. Samwel Mushai Kimani Najwa Awane Kayode and Christiana AlabiBorn: 30 October 1988 & 4 August 2002Nationality: NigeriaParalympics event: Para Table TennisKayode and Christiana Alabi are the ‘power couple’ of Nigerian Para Table Tennis. The pairmarried in 2022 and heads to Paris 2024 with hopes of both winning medals. Christiana will be competing in the women’s singles event, while Kayode will be battling in the men’s singles, men’sdoubles, and mixed doubles alongside 2018 Commonwealth Games silver…
Standard Chartered Botswana announces the launch of the Women in Tech (WiT) Accelerator Programme; a transformative initiative designed to empower and support female entrepreneurs in the technology and innovation space. The WiT Programme aims to address gender disparities in technology by providing female-led businesses with the tools, resources and mentorship needed to scale their business. A total of 20 selected participants will benefit from a comprehensive support system that includes: “We are thrilled to introduce the Botswana chapter of the Women in Tech Accelerator Programme. This project is an extension of our Futuremakers Programme that was launched in 2019 with…
At just 33 years, Dineo Rasedile finally acts her age in Showmax’s legal drama, Law, Love and Betrayal. She recently sat down with Showmax on a candid tell it all chat to reflect her acting career. She has typically played teens, including Yolanda in Ambitions, Andiswa in Saints and Sinners, Thuli in MTV Shuga Down South, Amogelang in The Estate and Itu in Justice Served. In LLB, Dineo stars as Gugu, a tough township lawyer who forces her way into a slick, family-owned firm in Sandton, where she finds that everyone has secrets, just like her. Dineo leads a strong cast that includes Nimrod Nkosi (Isibaya, The Queen),…
One of Botswana’s oldest law firm, Minchin & Kelly, a member of DLA Piper Africa, is proud to announce its partnership with 2024 Olympic Gold medallist and Motswana sprint sensation, Letsile Tebogo (21). Under the partnership, Minchin & Kelly together with DLA Piper Africa will be Tebogo’s official legal sponsor, providing the 21-year-old Motswana sprinter with legal services locally, regionally and globally. Born in Kanye, Botswana, Tebogo began his track and field journey in 2019. He has since taken the athletics world by storm, winning significant titles and setting records across various track lengths in the lead up to the…
Banking giant, Stanbic Bank has reaffirmed its dedication to the growth and sustainability of Botswana’s agricultural sector by sponsoring the 2024 National Agriculture Show with a contribution of P100,000.00 . This sponsorship continues the bank’s long-standing support for the show since 2012, bringing the total sponsorship value to BWP 1 Million. Stanbic Bank Botswana Head of Business and Commercial Banking, Lesego Osman said, “We believe in driving the growth of Botswana by investing in key sectors like agriculture. Our sponsorship of the National Agriculture Show reflects our purpose: ‘Botswana is our home; we drive her growth.’ We are committed to ensuring…
SOLVE@Waterfront has launched its Circular Innovation Challenge for 2024 and is inviting entries from innovators, change-makers, and thought leaders active in the Circular Economy. The Challenge is supported by the V&A Waterfront and the Vikāra Institute. This call for innovative thinking and sharing of ideas for the benefit of our planet is another way in which the Waterfront’s Our Better Nature sustainability platform comes to life. Our Better Nature is hinged on the insight that when we act from our better nature, nature gets better, and so collaboration and partnership is a big part of collectively solving for tomorrow. “We believe that people are good,” said Heather Parker, a director of…