Author: Fantastic Moments

The Asset Management, a division of the Botswana Insurance Holdings Limited (BIHL) Group, Bifm continues to operate profitably in the recently announced BIHL Group’s 6 months ending 30 June 2022 financial results. Overall, the Bifm group was able to produce better results during the first half of the year as compared to the same period in the year 2021. The operating profit increased 40 percent year on year. This was due to a rise of 29 percent in the operating income, as a result of larger Assets Under Management (AUM) and it has led to the reduction of operating expenses.…

The Botswana Insurance Holdings Limited (BIHL) Group continues to thrive as it announced its abridged audited consolidated financial results for the 6 months ended June 2022 as compared to the period ended 30 June 2021. The results were announced before key stakeholders and subsidiaries (Botswana Life, BIFM and Botswana Insurance Limited). The Group indicated that its operating profit increased by 67% to P193 million over the 6 months to June 2022 as compared to last year. Botswana Life’s operating profit improved by 78% year-on-year from P102 million to P182 million. The growth is mainly a result of lower COVID-19 related…

Mascom continues to innovate and deliver ground-breaking products and service to ease the financial and logistical burden of setting up and doing business in Botswana through technology as we aspire to be a Digital Service Provider of Choice to All Users. This month, Mascom has launched two new products that are targeted at the business market across various segments with Hosted PBX, SIP Trunking, and Bulk SMS services. About the productsHosted PBX (Private Branch Exchange) is a cloud-based phone system solution through which telephony solutions are accessed entirely over an internet connection allowing easy switching of telephone systems via a…

The president of Botswana, His Excellency Dr. Mokgweetsi Eric Keabetswe Masisi will undertake a State Visit to Zimbabwe from 1st to 3rd September 2022. This follows a successful State Visit to Botswana by the President of the Republic of Zimbabwe, His Excellency Mr. Emmerson Dambudzo Mnangagwa in 2018. Botswana and Zimbabwe enjoy excellent relations characterised by good neighbourliness and mutual respect. They share a common history, culture, and family ties which pre-date the establishment of diplomatic relations between the two in 1983. During the Visit, the two Presidents will deliberate on issues of mutual interest and explore ways and means…

The Botswana Development Corporation (BDC) has launched the Alosa Group of Companies which comprises Alosa Feeds and Alosa Biomass-Charcoal Briquettes and is managed by Samuel Ntshiwa in partnership with Tshegofatso Ntshiwa in Francistown on the 25th August 2022. The animal feeds manufacturing and 100% citizen youth-owned company recently commenced operations, at a plant located in Dumela in Francistown, measuring approximately 1,400sqm. After beating off competition from 243 other entrants, Alosa Group was declared winners of the first-ever Botswana Development Corporation (BDC) Business Den and was awarded P500 000.00 funding on a grant basis accompanied by mentorship opportunities. BDC launched its…

Photographer Luke Stackpoole (who is also a judge in this year’s “Africa in Focus” Photo Competition) recently explored some of our Zimbabwean and Zambian camps. A landscape photographer by profession, Luke was delighted by the beauty of Zimbabwe and the amazing people who call this country home. Oh, and he did encounter a couple of elephants too. 1. What stood out most for you on the trip? The friendliness and personalities of the staff were a real eye opener for me. I felt right at home in the camp and it just made the whole experience very welcoming and joyful. I was also blown away by…

With five major tournaments in different parts of world, international women’s football has been in the spotlight in recent months. That said, 58 international fixtures were still played in the men’s game, mostly in Africa and Asia. As a result, changes in the August edition of the FIFA/Coca-Cola World Ranking are few and far between. However, two countries – Mauritania (107th, plus 3) and Botswana (146th, plus 3) – have been posting good results, as reflected by a climb of three places each in the standings. That progress makes them jointly the two most-improved sides in terms of places. In…

FIFA President, Gianni Infantino has paid a visit to Nicaragua where the national football federation has been working closely with FIFA to improve local infrastructure, improve talent development and make football accessible to all. The FIFA President visited the Estadio Nacional de Fútbol in Managua along with FENIFUT President Manual Quintanilla and Secretary General José María Bermúdez. The delegation also included FIFA’s Chief Development Officer Arséne Wenger and Jill Ellis, head of the Technical Advisory Group on the future of women’s football and Pierluigi Collina, Chairman of FIFA’s Referee’s Committee. “I feel at home here in Nicaragua, a beautiful country…

AFC Bournemouth can announce that the club has parted company with head coach Scott Parker. Maxim Demin said: “I would like to place on record my gratitude to Scott and his team for their efforts during their time with us. Our promotion back to the Premier League last season under his tenure will always be remembered as one of the most successful seasons in our history. “However, in order for us to keep progressing as a team and a Club as a whole, it is unconditional that we are aligned in our strategy to run the club sustainably. We must…

The Africa Regional Qualifiers for the 2023 Netball World Cup reached their final day on Saturday at University of Pretoria’s Rembrandt Hall in South Africa. There were four teams left competing on the final day for remaining two spots at next year’s global showpiece. South Africa who have already qualified were playing in the finals against Malawi, but before then Zambia and Zimbabwe were to battle it out for the last remaining spot. Malawi who was facing the SPAR Proteas in the final match of the tournament had already secured their seat at the 2023 Netball World Cup table. Zambia…