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1-10 results from 1000 for query «revenue»

January 14, 2019 4:00 AM Higher SACU receipts help trim 2018/19 deficit

Last February, Finance Minister, Kenneth Matambo projected a deficit of P3.6 billion, revising this in September to P4.6 billion, mainly due to revenues being diverted to Debswana mega-projects. Government, as a shareholder in Debswana, has funding obligations to the diamond miner’s upcoming projects, which include Cut 9 at Jwaneng and Cut 3 in Orapa 1277

July 16, 2018 4:00 AM Silence of the Lambs

His pledge to leading an inclusive Government with people at the centre of the debate is the recipe for success and prosperity. Whilst the Masisi Review may be unpalatable to many, his approach is not entirely about hunting. It’s about appropriate land use, and how to engage rural communities in wildlife-based management. To date there has been a chronic 150

June 13, 2018 2:58 PM BCL closure presses BR's freight volumes to decade low

Statistics Botswana figures published on Tuesday indicate that last year’s revenues were the lowest since 2012, when the rail carrier posted top line earnings of P293 million. From an average of about 514,000 tonnes moved per quarter in 2016, freight volumes at Botswana Railways fell to an average of 386,000 tonnes per quarter in 2017. The drop appears 87

May 14, 2018 4:00 AM KwDC loses millions in unoccupied rental office space

Information reaching this publication is that KwDC reached an agreement with some government departments that they would share the rental after partitioning the space for more than P9 million, but to date some government departments are yet to occupy office spaces. Initially, it was planned that all government departments will be housed in the area, but appears 125

February 13, 2018 4:00 AM Norris Vows To Revive UB

The institution has seen many challenges in the recent past with less number of students enrolling in the institution and staff members leaving. There were also issues of lack of funds. Norris said they are going to take advantage of partnerships they have with leading world universities to improve as an institution. “Young people are extremely innovative 109

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 198

November 2, 2017 4:08 PM The iPhone X doesn't save Apple from desperately needing a 'next big thing'

The distraction of $1,000 iPhone won't last forever. Congratulations Apple, you've distracted press and pundits alike from wondering why you don't have a successor to the iPhone. Apple is an oddity. It's a company that's doing remarkably well, but over the past ten years it hasn't had a product that comes close to replacing the iPhone as its cash cow, which 387

November 2, 2017 1:12 PM Data Sheet—Elon Musk's Humiliating Shortfall at Tesla

Take my money. Blue Apron went public on June 29 pricing its shares at $10. As of Wednesday’s close, it stands at less than half that: $4.67. So of course it’s a good time for another meal delivery company to go public. Germany-based HelloFresh listed on the Frankfurt Stock Exchange in an IPO raising about $369 million. Exchange set. Cross-border payments 400

October 31, 2017 10:51 AM Microsoft's new Surface Pro with LTE and 450Mbps downloads out in December

The new Surface Pro with LTE Advanced brings cellular wireless connectivity to the convertible tablet/laptop, offering speeds of up to 450Mbps. Microsoft has revealed a new version of the Surface Pro with always-on internet capable of superfast downloads. The Surface Pro with LTE Advanced brings cellular wireless connectivity to the convertible tablet/laptop 121

October 30, 2017 7:41 AM Nintendo Raises Expectation for Switch Console Sales

For the July-September quarter, Nintendo reported an operating profit of ¥23.8 billion ($209.4 million) and ¥220 billion in revenue. Analysts, according to a survey conducted by Quick, expected an operating profit of ¥21.3 billion and ¥183 billion in revenue. Net profit was ¥30.2 billion, the company said Monday. Analysts expected ¥15.8 billion 147