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Debswana seeks to revive Palapye Glass Plant

Debswana

Botswana’s flagship mining company, Debswana is currently engaging various stakeholders with a view to put the currently abandoned Palapye Glass project plant into good use. 

The glass manufacturing plant was left as a white elephant, midway into construction, following the liquidation of its holding company Fengyue Glass Manufacturing Botswana.

Last week, when responding to a question from Member of Parliament for Selibe Phikwe East Kgoberego Nkawana,  on the status of Palapye Glass Project, Assistant Minister of Investment, Trade & Industry Molebatsi Molebatsi told Parliament that Debswana is one of the companies interested in utilizing the project facility to establish a glass manufacturing factory.

Responding to a questionnaire from Weekendpost regarding the matter on Thursday, Debswana Corporate Affairs Manager Agatha Sejoe said, Debswana is currently assisting Somarelang Tikologo, an environmental watch NGO to develop a business case to set up a glass manufacturing plant in Botswana.

Debswana has in the past funded Somarelang Tikologo to run a glass crushing business, the two organizations are now contemplating ways of expanding the business from just crushing glasses to completing the whole recycling process by setting up  the re-manufacturing component locally.

Currently the crushed glass produced by Somarelang Tikologo is exported  in its entirety to  glass manufacturing plants in South Africa.

“Debswana believes that rather than to continue to export crushed glass to South Africa, there is an opportunity to establish a glass crushing and manufacturing plant in Botswana and create jobs and secondary businesses in Botswana” Sejoe said .

She explained that Debswana, in partnership with Somarelang Tikologo and Local Enterprise Authority (LEA), have made a preliminary enquiry on the availability of the glass plant from Botswana Development Corporation.

 

“Discussions are still at conceptual stage and currently ongoing with all the relevant stakeholders. Based on the outcome of the feasibility study, Debswana and Somarelang Tikologo will only then establish the appropriate way forward on the matter,” added Sejoe.

Quizzed on Debswana‘s future investment plans, the company’s Lead media liaison  revealed that the mining giant continues to play a major role in various partnerships within communities in Botswana as part of its Social Performance Framework and in accordance with the Life of Mine planning.

She said currently the company is undertaking stakeholder consultations in communities within the Zone of Influence to identify sustainable partnership opportunities that can leverage on large-scale projects such as the game park assets and form an economic diversification stream through tourism.

“There are other projects in the pipeline, which fall within the ambit of community development, and these will be revealed as we implement them through the usual channels,” said Sejoe.

The Palapye glass plant currently lies unutilized and incomplete in Palapye. The glass project was conceptualized in 2007, wholly Government owned  investment arm Botswana Development Corporation( BDC) and Shanghai Fengyue Glass Company , a Chinese corporation entered into an agreement and formed Fengyue Glass Manufacturing Botswana at 43 % -57 % Shareholding whith Shanghai Fengyue holding majority shares.

Botswana Development Corporation invested a total of P511 million for its 43 % interest and a loan to the established company. Shanghai Fengyue Glass Company on the other hand invested P113 million.

After failure to fully operationalize, Fengyue Glass Manufacturing Botswana was liquidated. Botswana Development Corporation (BDC) remained with ownership of the erected plant and warehouse.

Last week Investment, Trade & Industry Junior Minister told Members of Parliament that Government through its wholly owned investment arm, BDC is in the process of breathing life to the project by opening up discussions with interested parties.

“There are companies and different parties such as Botswana Railways who showed interest on the facility for either manufacturing some components of their coaches or refurbishment or servicing of their coaches,” Molebatsi said.

He further noted that Government was coming from the fact that Botswana currently produces abundant resources and raw materials that can be used to manufacture glasses, creating much needed economic diversification and jobs for the youth.

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Masisi to dump Tsogwane?

28th November 2022

Botswana Democratic Party (BDP) and some senior government officials are abuzz with reports that President Mokgweetsi Masisi has requested his Vice President, Slumber Tsogwane not to contest the next general elections in 2024.

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African DFIs gear to combat climate change

25th November 2022

The impacts of climate change are increasing in frequency and intensity every year and this is forecast to continue for the foreseeable future. African CEOs in the Global South are finally coming to the party on how to tackle the crisis.

Following the completion of COP27 in Egypt recently, CEOs of Africa DFIs converged in Botswana for the CEO Forum of the Association of African Development Finance Institutions. One of the key themes was on green financing and building partnerships for resource mobilization in financing SDGs in Africa

A report; “Weathering the storm; African Development Banks response to Covid-19” presented shocking findings during the seminar. Among them; African DFI’s have proven to be financially resilient, and they are fast shifting to a green transition and it’s financing.

COO, CEDA, James Moribame highlighted that; “Everyone needs food, shelter and all basic needs in general, but climate change is putting the achievement of this at bay. “It is expensive for businesses to do business, for instance; it is much challenging for the agricultural sector due to climate change, and the risks have gone up. If a famer plants crops, they should be ready for any potential natural disaster which will cost them their hard work.”

According to Moribame, Start-up businesses will forever require help if there is no change.

“There is no doubt that the Russia- Ukraine war disrupted supply chains. SMMEs have felt the most impact as some start-up businesses acquire their materials internationally, therefore as inflation peaks, this means the exchange rate rises which makes commodities expensive and challenging for SMMEs to progress. Basically, the cost of doing business has gone up. Governments are no longer able to support DFI’s.”

Moribame shared remedies to the situation, noting that; “What we need is leadership that will be able to address this. CEOs should ensure companies operate within a framework of responsible lending. They also ought to scout for opportunities that would be attractive to investors, this include investors who are willing to put money into green financing. Botswana is a prime spot for green financing due to the great opportunity that lies in solar projects. ”

Technology has been hailed as the economy of the future and thus needs to be embraced to drive operational efficiency both internally and externally.

Executive Director, bank of Industry Nigeria, Simon Aranou mentioned that for investors to pump money to climate financing in Africa, African states need to be in alignment with global standards.

“Do what meets world standards if you want money from international investors. Have a strong risk management system. Also be a good borrower, if you have a loan, honour the obligation of paying it back because this will ensure countries have a clean financial record which will then pave way for easier lending of money in the future. African states cannot just be demanding for mitigation from rich countries. Financing needs infrastructure to complement it, you cannot be seating on billions of dollars without the necessary support systems to make it work for you. Domestic resource mobilisation is key. Use public money to mobilise private money.” He said.

For his part, the Minster of Minister of Entrepreneurship, Karabo Gare enunciated that, over the past three years, governments across the world have had to readjust their priorities as the world dealt with the effects and impact of the COVID 19 pandemic both to human life and economic prosperity.

“The role of DFIs, during this tough period, which is to support governments through countercyclical measures, including funding of COVID-19 related development projects, has become more important than ever before. However, with the increasingly limited resources from governments, DFIs are now expected to mobilise resources to meet the fiscal gaps and continue to meet their developmental mandates across the various affected sectors of their economies.” Said Gare.

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TotalEnergies Botswana launches Road safety campaign in Letlhakeng

22nd November 2022

Letlhakeng:TotalEnergies Botswana today launched a Road Safety Campaign as part of their annual Stakeholder Relationship Management (SRM), in partnership with Unitrans, MVA Fund, TotalEnergies Letlhakeng Filling Station and the Letlhakeng Sub District Road Safety Committee during an event held in Letlhakeng under the theme, #IamTrafficToo.

The Supplier Relationship Management initiative is an undertaking by TotalEnergies through which TotalEnergie annually explores and implements social responsibility activities in communities within which we operate, by engaging key stakeholders who are aligned with the organization’s objectives. Speaking during the launch event, TotalEnergies’ Operations and HSSEQ,   Patrick Thedi said,  “We at TotalEnergies pride ourselves in being an industrial operator with a strategy centered on respect, listening, dialogue and stakeholder involvement, and a partner in the sustainable social and economic development of its host communities and countries. We are also very fortunate to have stakeholders who are in alignment with our organizational objectives. We assess relationships with our key stakeholders to understand their concerns and expectations as well as identify priority areas for improvement to strengthen the integration of Total Energies in the community. As our organization transitions from Total to Total Energies, we are committed to exploring sustainable initiatives that will be equally indicative of our growth and this Campaign is a step in the right direction. ”

As part of this campaign roll out, stakeholders  will be refurbishing and upgrading and installing road signs around schools in the area, and generally where required. One of the objectives of the Campaign is to bring awareness and training on how to manage and share the road/parking with bulk vehicles, as the number of bulk vehicles using the Letlhakeng road to bypass Trans Kalahari increases. When welcoming guests to Letlhakeng, Kgosi Balepi said he welcomed the initiative as it will reduce the number of road incidents in the area.

Also present was District Traffic Officer ASP, Reuben Moleele,  who gave a statistical overview of accidents in the region, as well as the rest of the country. Moleele applauded TotalEnergies and partners on the Campaign, especially ahead of the festive season, a time he pointed out is always one with high road statistics. The campaign name #IamTrafficToo, is a reminder to all road users, including pedestrians that they too need to be vigilant and play their part in ensuring a reduction in road incidents.

The official proceedings of the day included a handover of reflectors and stop/Go signs to the Letlhakeng Cluster from TotalEnerigies, injury prevention from tips from MVA’s Onkabetse Petlwana, as  well as  bulk vehicle safety tips delivered from Adolf Namate of Unitrans.

TotalEnergies, which is committed to having zero carbon emissions by 2050,  has committed to rolling out the Road safety Campaign to the rest of the country in the future.

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