Business ideas are found almost everywhere and 35-year-old Boipelo Mokoka found hers in the kitchen! Growing up, playing house with her peers in Molepolole, Mokoka never imagined that her passion for cooking would someday literally put food on her table, let alone turn into a business enterprise. The best childhood memory that immediately lightens up […]
4th June 2021
The gap between BotswanaPostâs revenue and expenditure continues to widen, thanks largely to the amalgamation with its sister company – Botswana Couriers and Logistics some three years ago.
The two turned into a single entity after the sole shareholder â Botswana government issued out an instruction for the two entities to amalgamate following the cancelation of a proposed merger between BotswanaPost and another State Owned Entity â Botswana Savings Bank (BSB).
Last week, the companyâs executives came out very clear that going to bed with an insolvent Botswana Couriers in 2018 has resulted in a weakened balance sheet.
As a result, BotswanaPostâs Chief executive officer – Cornelius Ramatlhakwane last week called on for a recapitalization of the company which he said is necessary to strengthen its balance sheet.
BotswanaPost Chief Executive Officer, Cornelius Ramatlhakwane, says the organisation has made a loss of P39 million last year. Speaking to Voice Money, Ramatlhakwane said over the last 5 years, BotswanaPost has worked hard to turn around its operations using the successful implementation of Executing Innovative Excellence strategy. He said this saw the Company reducing its […]