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Kwesé TV Africa’s New Pay TV Network Has Launched in Botswana

Gaborone, 25 August 2017: Pan-African pay TV network Kwesé TV yesterday (Friday) launched its satellite broadcasting service which will deliver Kwesé’s full-suite entertainment and sports content to Batswana households across the country.

This launch brings to Botswana the very best in premium entertainment, international and African series, and award-winning children’s entertainment channels as well as up to-the-minute news and something for the entire family. Batswana were first introduced to Kwesé with the launch of the broadcaster’s free-to-air channel Kwesé Free Sports in Gaborone in March this year. The broadcaster is now extending its presence in the market by unveiling the complete Kwese TV experience introducing viewers to a whole new world of entertainment and sports which includes exclusive third-party channels, first-to-market content and original programming.

Kwesé’s multi-platform offering cuts across linear, mobile and digital making its content accessible through free-to-air TV, mobile, web streaming and satellite TV. This game changing broadcaster will make its premium content accessible to viewers through a competitively priced 295 BWP for a monthly subscription and a fee of 510 BWP for a decoder, dish kit and standard installation fee. Commenting on the launch, General Manager at Kwesé TV Goabaone Kgosana said, “Batswana have been hungry for an alternative and we believe we have the answer with our programming bouquet which speaks to every viewing appetite and budget.”

“As a business premised on making premium content accessible, we have also made our service available at varying price points by pioneering ‘pay-as-you-watch’ subscription packages which enable consumers to purchase seven and three day passes, at 88 BWP and 50 BWP respectively,” added Kgosana. The launch of this pay TV network marks the introduction of Kwesé’s full entertainment and sports bouquet. Since inception, Kwesé has built up a compelling entertainment programme offering that includes exclusive third party channels such as the youth centric lifestyle and culture channel VICELAND from VICE Media and Sean ‘Diddy’ Combs’ engaging music and entertainment channel REVOLT TV amongst others.

The broadcaster has also gathered the very best in news content from CNN International, Sky News, Africa News, and Al Jazeera to name a few. Not to mention an impressive collection of wholesome children’s entertainment content which includes the exclusive Toonami channel from Turner, popular animation series and movies from NBCUniversal International Network’s DreamWorks, award-winning pre-school channel CBeebies along with an additional five kids’ channels. These exciting channels will broadcast alongside an extensive list of well-known and first to market channels and Kwesé’s eight owned channels.

Kwesé’s sports portfolio boasts an exceptional selection of sporting rights including the Premier League, the 2018 FIFA World Cup Russia, full NBA coverage, exclusive ESPN content and so much more. Join the movement by visiting a Kwesé branded store near you, buy and install the Kwesé decoder in your home and unlock world class programming at your fingertips. Subscriptions can be paid online or over the counter at all Botswana Post outlets across the country.

A subsidiary company of the globally networked Econet Group founded by Executive Chairman Strive Masiyiwa, Econet Media is a dynamic content business driving the development of Kwesé, a fresh new television brand. Created for Sub-Saharan African audiences, Kwesé is inspired by the ‘TV everywhere’ revolution. As such, a range of Kwesé products will be made available on satellite and internet based platforms, including video-on-demand and mobile options. Focused on providing premium, affordable, exclusive viewing, Kwesé products will offer sports, music, movies, series, kids, lifestyle, faith, news and other programming.

Consumers will also benefit from the infrastructural strength of Econet Media sister companies, Liquid Telecom and Econet Wireless. Their expertise and capacity in the areas of mobile and fixed telephony services, broadband, internet, satellite and fibre optic networks will be utilized to establish Kwesé products. In addition, Econet Media has invested intensively to build its own operational assets.

Kwesé is a Pan-African entertainment company, the newest kid on the block redefining TV in Africa. Premised on the concept of TV everywhere and anywhere, Kwesé is revolutionising the media industry on the continent by catering to the changing needs of today’s globally connected African viewer. This fresh new television brand is part of the Econet Media stable, a subsidiary company of the globally networked Econet Group founded by Executive Chairman Strive Masiyiwa. Kwesé aims to change the face of African broadcasting by providing premium, affordable, exclusive viewing choices, that include sports, music, movies, series, kids, lifestyle, faith, news programming and so much more.

Kwesé prides itself in being innovative and disrupting the current media landscape in Africa, offering the very best in local and international content. Kwesé’s product offering is available on satellite and internet based platforms, including video-on-demand and mobile options. African consumers also benefit from the infrastructural strength of Econet Media sister companies, Liquid Telecom and Econet Wireless. Their expertise and capacity in the areas of mobile and fixed telephony services, broadband, internet, satellite and fibre optic networks have been utilized to establish Kwesé products.

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Matsheka seeks raise bond program ceiling to P30 billion

14th September 2020
Dr Matsheka

This week Minister of Finance & Economic Development, Dr Thapelo Matsheka approached parliament seeking lawmakers approval of Government’s intention to increase bond program ceiling from the current P15 Billion to P30 billion.

“I stand to request this honorable house to authorize increase in bond issuance program from the current P15 billion to P30 billion,” Dr Matsheka said. He explained that due to the halt in economic growth occasioned by COVID-19 pandemic government had to revisit options for funding the national budget, particularly for the second half of the National Development Plan (NDP) 11.

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Lucara sits clutching onto its gigantic stones with bear claws in a dark pit

14th September 2020
Lesedi La Rona

Botswana Stock Exchange (BSE) has this week revealed a gloomy picture of diamond mining newcomer, Lucara, with its stock devaluated and its entire business affected by the COVID-19 pandemic.

A BSE survey for a period between 1st January to 31st August 2020 — recording the second half of the year, the third quarter of the year and five months of coronavirus in Botswana — shows that the Domestic Company Index (DCI) depreciated by 5.9 percent.

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Botswana Diamonds issues 50 000 000 shares to raise capital

14th September 2020
Diamonds

Botswana Diamond PLC, a diamond exploration company trading on both London Stock Exchange Alternative Investment Market (AIM) and Botswana Stock Exchange (BSE) on Monday unlocked value from its shares to raise capital for its ongoing exploration works in Botswana and South Africa.

A statement from the company this week reveals that the placing was with existing and new investors to raise £300,000 via the issue of 50,000,000 new ordinary shares at a placing price of 0.6p per Placing Share.

Each Placing Share, according to Botswana Diamond Executives has one warrant attached with the right to subscribe for one new ordinary share at 0.6p per new ordinary share for a period of two years from, 7th September 2020, being the date of the Placing Warrants issue.

In a statement Chairman of Botswana Diamonds, John Teeling explained that the funds raised will be used to fund ongoing exploration activities during the current year in Botswana and South Africa, and to provide additional working capital for the Company.

The company is currently drilling kimberlite M8 on the Marsfontein licence in South Africa and has generated further kimberlite targets which will be drilled on the adjacent Thorny River concession.

In Botswana, the funds will be focused on commercializing the KX36 project following the recent acquisition of Sekaka Diamonds from Petra Diamonds. This will include finalizing a work programme to upgrade the grades and diamond value of the kimberlite pipe as well as investigating innovative mining options.

Drilling is planned for the adjacent Sunland Minerals property and following further assessment of the comprehensive Sekaka database more drilling targets are likely. “This is a very active and exciting time for Botswana Diamonds. We are drilling the very promising M8 kimberlite at Marsfontein and further drilling is likely on targets identified on the adjacent Thorny River ground,” he said.

The company Board Chair further noted, “We have a number of active projects. The recently acquired KX36 diamond resource in the Kalahari offers great potential. While awaiting final approvals from the Botswana authorities some of the funds raised will be used to detail the works we will do to refine grade, size distribution and value per carat.”

In addition BOD said the Placing Shares will rank pari passu with the Company’s existing ordinary shares. Application will be made for the Placing Shares to be admitted to trading on AIM and it is expected that such admission will become effective on or around 23 September 2020.

Last month Botswana Diamond announced that it has entered into agreement with global miner Petra Diamonds to acquire the latter’s exploration assets in Botswana. Key to these assets, housed under Sekaka Diamonds, 100 % subsidiary of Petra is the KX36 Diamond discovery, a high grade ore Kimberlite pipe located in the CKGR, considered Botswana’s next diamond glory after the magnificent Orapa and prolific Jwaneng Mines.

The acquisition entailed two adjacent Prospecting Licences and a diamond processing plant. Sekaka has been Petra’s exploration vehicle in Botswana for year and holds three Prospecting Licenses in the Central Kalahari Game Reserve (Kalahari) PL169/2019, PL058/2007 and PL224/2007, which includes the high grade KX36 kimberlite pipe.

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