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December 25, 2017 4:00 AM GDP numbers sparkle, but household and business struggle

In September, the Ministry of Finance officials revised the 2017 growth estimate to 4.7% from 4.2% projected in February as higher output from the services sectors and the end of a drought eased pressure on major industries. But numbers show that households and business are increasingly playing a lesser role in driving the economy and analysts believe 81

December 19, 2017 4:00 AM Carnival At The Heart Of The City

They came out to play with their loved ones at the Gaborone Main Mall on Saturday for the inaugural Heart of the City Carnival. The newly paved Main Mall walkway stretching from the city arch to the British High Commission building proved to be a great location for a cool parade. The walkway was barricaded and then divided into three parts. There was a food court 99

December 11, 2017 4:00 AM Mid-term national budget in surplus

The Botswana Financial Statistics (BFS) report for October reveals that at the end of the half-year period to September 2017, the budget posted a surplus of P107 million. At this point last year, the budget showed a cumulative deficit of P1.7 billion suggesting a healthier fiscal position in the current financial year. Government financial year starts 107

December 4, 2017 4:00 AM Fresh push for review of 70/30 pension fund split

Currently, the regulations direct asset managers to hold not more than 70% offshore and the balance onshore. By March 2017, the date for which latest figures are available, local pension fund assets amounted to P77.5 billion of which 62.1% was held offshore. The latest push for a review follows a botched attempt by the Non-Bank Financial Institutions 132

November 2, 2017 1:02 PM Nvidia GTX 1070 Ti review: A fine graphics card—but price remains high

Vega 56 should have led to lower prices. Instead, the 1070 Ti maintains the status quo. The GTX 1070 Ti is a great graphics card but a frustrating product. In the year and a half since the GTX 1080 and the GTX 1070 launched, Nvidia has faced little competition from rival AMD, which has been stretched thin across the launch of mainstream graphics cards 177

October 31, 2017 7:39 AM Kenya’s Biggest Retailer to Enter Administration in Revival Plan

Nakumatt Holdings Ltd., East Africa’s largest retailer, is seeking a court order to enter administration as part of a plan to revive its debt-laden business. The Kenyan company will go to court on Nov. 8 for a hearing on the application, which proposes that “business-turnaround professional” Peter Kahi of PKF Consulting Ltd. be appointed as administrator 38

October 31, 2017 12:34 AM Barclays Takeover. . . No Zimbabwean had money to buy bank: RBZ

The British-owned Barclays Plc sold its 43 percent stake in the 105-year-old local unit for about $40 million to FMB as part of its divestiture from African operations. The move generated anxiety among Zimbabweans recently who felt the sale was against the country’s indigenisation and empowerment laws. The Zanu-PF Youth League was very vocal against 36

October 30, 2017 6:06 PM Apple iPhoneX Epic Fail Update

I wrote the last half of this article—see "THE ORIGINAL ARTICLE" below—on Oct. 27, circa 4:15 a.m. ET. I was tired and in a foul mood. I published it, posted it on my site, tweeted about it, and did all the things I usually do with my content. I received some ribbing from friends who suggested that I might "need some tech advice." As you can imagine 44

October 30, 2017 8:27 AM Google Tez Garnered Over 7.5 Million Users in 5 Weeks, Says CEO Sundar Pichai

Google CEO Sundar Pichai on Thursday during the Alphabet earnings call made several announcements around Google Tez, the payments app that the search giant had launched in India last month. Based on Unified Payments Interface (UPI), the NPCI's payments platform for the country, the Google Tez app leverages bank accounts for payments. During the earnings 9

October 29, 2017 10:14 AM Obasanjo killed my businesses in Nigeria for Opposing his 3rd term bid – Orji Kalu

Ex-governor of Abia state, Orji Uzor Kalu has revealed how Ex-president Olusegun Obasanjo killed two of his booming businesses in Nigeria because he refused to support his(OBJ) third term presidential bid. OUK said that Obasanjo punished him by withdrawing the licenses of his companies – Hallmark bank and Slok airlines. “The 9,000 workers I mentioned 10