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BTC SET TO TREAT CUSTOMERS TO A WIDE ARRAY OF EXCITING SERVICE INITIATIVES

Botswana Telecommunications Corporation Limited (BTC) rolled out its ‘Summer Campaign’ consisting of a wide array of exciting products and services, in line with the company’s consistent efforts towards enhancing customer experience and enabling optimised living experiences.

The seasonal summer campaign, which is aimed at enhancing customer experience and value, will indulge customers and businesses in a diverse range of exceptional products and services that will make this season more enjoyable and connected. The campaign provides an assortment of affordable and transformational product packages offers from BTC’s fixed, mobile and broadband suite.

The summer campaign brings along promotions and competitions that customers can look forward to in product offerings such as fixed home broadband including upgrades from 4mbps to 10mbps, BTC Smega Visa Debit Card and Motshelo account, recharge to win promotion, big time surfing bundle, fast connect internet solutions, 4G switch drive.

Speaking at the launch of the BTC Summer Campaign, Edward Wicks, Chief Commercial Officer said,  the campaign theme, ‘Tsala tsa Summer’, is designed to educate and reinforce our commitment as a trusted telecommunications partner dedicated to delivering digital solutions for both our consumers and business stakeholders. BTC continues to invest in telecommunication solutions which enable both audiences to thrive in their day-to-day lives, factoring in affordability and best in value.

Additionally, BTC Head of Brand Management, Thabo Modise stated that, “we hope this exclusive summer campaign will further add convenient and affordable user experience that delights”. “We wish all our customers a Happy & Safe Summer with products to match this exciting season of the year and look forward to serving many more customers this season,” he added.

“Our social investment portfolio which is driven through the BTC foundation is one of the many ways that BTC distinguished itself as a company that believes in and supports community uplifting projects across the country. This is one of our many ways that we believe in impacting our communities and transforming the lives of Batswana,” said Gosego Goitsemang.

Goitsemang said the BTC foundation and what they stand for is to seek to engage in sustainable projects that promotes social impact and social responsibility, further seek to engage in projects where there are shared goals and values to uplifts the lives of our communities in a very positive way. Furthermore, Goitsemang said as the BTC foundation, we support Botswana’s maitlamo initiatives in enabling the uptake of ICT at national level.

“We are further guided by focus areas that with our CSI initiative we focusing on areas such as entrepreneurship and innovation, the arts and culture industry, sports development, health and wellness not forgetting sustainable development, youth and education,” Goitsemang highlighted.

Giving an overview of BTC Kitsong center Goitsemang said that BTC has been allocated 149 Kitsong centers across the county, this is a partnership between the ministry of communication knowledge and technology and the ministry of youth sports and culture to serve as avenues for providing universal access to rural communities and empowering the youth in those areas.

This year’s BTC summer campaign themed, “Tsala tsa Summer”, is set to offer exclusive product and service packages that enable BTC customers to truly live connected.

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Jewellery manufacturing plant to create over 100 jobs

30th January 2023

The state of the art jewellery manufacturing plant that has been set up by international diamond and cutting company, KGK Diamonds Botswana will create over 100 jobs, of which 89 percent will be localized.

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Investors inject capital into Tsodilo Resources Company

25th January 2023

Local diamond and metal exploration company Tsodilo Resources Limited has negotiated a non-brokered private placement of 2,200, 914 units of the company at a price per unit of 0.20 US Dollars, which will provide gross proceeds to the company in the amount of C$440, 188. 20.

According to a statement from the group, proceeds from the private placement will be used for the betterment of the Xaudum iron formation project in Botswana and general corporate purposes.

The statement says every unit of the company will consist of a common share in the capital of the company and one Common Share purchase warrant of the company.

Each warrant will enable a holder to make a single purchase for the period of 24 months at an amount of $0.20. As per regularity requirements, the group indicates that the common shares and warrants will be subject to a four month plus a day hold period from date of closure.

Tsodilo is exempt from the formal valuation and minority shareholder approval requirements. This is for the reason that the fair market value of the private placement, insofar as it involves the director, is not more than 25% of the company’s market capitalization.

Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto Limited and Gcwihaba Resources projects in Botswana.  The company has a 100% stake in Bosoto which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana.

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Global CEOs Back Plan to Unlock $3.4 Trillion Potential of Africa Free Trade Area

23rd January 2023

African heads of state and global CEOs at the World Economic Forum Annual Meeting backed the launch of the first of its kind report on how public-private partnerships can support the implementation of the African Continental Free Trade Area (AfCFTA).

AfCFTA: A New Era for Global Business and Investment in Africa outlines high-potential sectors, initiatives to support business and investment, operational tools to facilitate the AfCFTA, and illustrative examples from successful businesses in Africa to guide businesses in entering and expanding in this area.

The report aims to provide a pathway for global businesses and investors to understand the biggest trends, opportunities and strategies to successfully invest and achieve high returns in Africa, developing local, sub-regional and continental value chains and accelerating industrialization, all of which go hand in hand with the success of the AfCFTA.

The AfCFTA is the largest free trade area in the world, by area and number of participating countries. Once fully implemented, it will be the fifth-largest economy in the world, with the potential to have a combined GDP of more than $3.4 trillion. Conceived in 2018, it now has 54 national economies in Africa, could attract billions in foreign investment, and boost overseas exports by a third, double intra-continental trade, raise incomes by 8% and lift 50 million people out of poverty.

To ease the pain of transition to its new single market, Africa has learned from trade liberalization in North America and Europe. “Our wide range of partners and experience can help anticipate and mitigate potential disruptions in business and production dynamics,” said Børge Brende, President, and World Economic Forum. “The Forum’s initiatives will help to ease physical, capital and digital flows in Africa through stakeholder collaboration, private-public collaboration and information-sharing.”

Given the continent’s historically low foreign direct investment relative to other regions, the report highlights the sense of excitement as the AfCFTA lowers or removes barriers to trade and competitiveness. “The promising gains from an integrated African market should be a signal to investors around the world that the continent is ripe for business creation, integration and expansion,” said Chido Munyati, Head of Regional Agenda, Africa, World Economic Forum.

The report focuses on four key sectors that have a combined worth of $130 billion and represent high-potential opportunities for companies looking to invest in Africa: automotive; agriculture and agroprocessing; pharmaceuticals; and transport and logistics.

“Macro trends in the four key sectors and across Africa’s growth potential reveal tremendous opportunities for business expansion as population, income and connectivity are on the rise,” said Wamkele Mene, Secretary-General, AfCFTA Secretariat.

“These projections reveal an unprecedented opportunity for local and global businesses to invest in African countries and play a vital role in the development of crucial local and regional value chains on the continent,” said Landry Signé, Executive Director and Professor, Thunderbird School of Global Management and Co-Chair, World Economic Forum Regional Action Group for Africa.

The Forum is actively working towards implementing trade and investment tools through initiatives, such as Friends of the Africa Continental Free Trade Area, to align with the negotiation process of the AfCFTA. It identifies areas where public-private collaboration can help reduce barriers and facilitate investment from international firms.

About the World Economic Forum Annual Meeting 2023

The World Economic Forum Annual Meeting 2023 convenes the world’s foremost leaders under the theme, Cooperation in a Fragmented World. It calls on world leaders to address immediate economic, energy and food crises while laying the groundwork for a more sustainable, resilient world. For further information,

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