During the first quarter of 2021, production in Botswana’s economic nucleus- the mining sector contracted by 12 percent. This is according to Mining Production Index released...
Department of Mines in the Ministry of Mineral Resources, Green Technology & Energy Security has awarded mining licence to Tshukudu Metals-a subsidiary of Aussie firm Sandfire...
Botswana’s exports significantly dropped in the month of April, recording just over P4.83 billion from P9.03 billion in March 2021, mirroring a decrease of 46.5 percent....
Last Friday Account General & Auditor General was at logger heads over P1.2 advanced by Government to aid liquidation of BCL Mine. Reporting before Parliament Public Accounts...
Never again shall public projects with allocated funds be delayed on the account of one of the bidder(s) contending the outcome of the tender adjudication process....
Bank of Botswana (BOB) is failing to raise enough money from government bonds and treasury bills it periodically floats in the local market. The bank and...
Lucara Diamond Corporation, 100% owners of Karowe Diamond mine, has released its results for the first quarter of 2021 ending March 31, 2021. Figures contained in...
Debswana — the world’s leading rough diamonds producer by value says it is “watching” the developments around lab grown diamonds closely as events unfold. The world‘s...
Top development funding institutions amongst them World Bank investment arms have jumped into the much anticipated Botswana-Namibia Mega Solar Project. The multibillion dollar massive project was...
Parliament last week adopted the new National Energy Policy, a blueprint crafted to catapult Botswana to an industrial hub of alternative and renewable energy. Presented by...
Chief Executive Officer (CEO) of Premium Nickel Resources Botswana (PNRB), Montwedi Mphathi, has said his company will resuscitate the formerly owned BCL assets and deliver a...
Lucara Diamond Corporation, the Canadian 100% owners of iconic Karowe mine, this week announced the extension of its supply deal with Belgian diamond midstream giant HB...
Homegrown LED light manufacturing company, The Bulb World, has kick started operations in South Africa, setting in motion the company’s ambitious continental expansion plans. The Bulb...
Lawmakers subjected Minister of Finance & Economic Development, Dr Thapelo Matsheka to scrutiny on Tuesday as a plethora of changes take effect this April. The Lobatse...
Lucara Diamond Corporation has successfully convinced five international funders to finance its mine life extension project, the company announced on Wednesday. A statement from Vancouver, Canada,...
Botswana Diamonds, Plc, a London Stock Exchange Alternative Investment Market (AIM) and Botswana Stock Exchange listed diamond explorer on Monday announced a major recovery in its...
Plans are underway at the Ministry of Mineral Resources, Green Technology and Energy Security to build a solid fuel supply base for the landlocked and non-producing...
In the next financial year 2021/22 which begins 1st of April, Botswana Power Corporation (BPC) will receive P500 million from government aimed at subsidizing the corporation...
Global diamond markets are slowly picking up to pre COVID-19 levels — amidst prevailing challenges of movement restrictions, rough diamonds producers have adjusted their sales approach...
In the 24 months period ended December 2020 De Beers Group, the world largest diamond producer by value has cumulatively lost over P27 billion from its...
The energy sector is by far one of the most lucrative spaces for business and making money, because the sector drives life, businesses, industries and entire...
First National Bank Botswana (FNBB), the country’s largest commercial bank by all measures has received significant blow from the COVID pandemic in the six months trading...
Reconnaissance Africa, a Canadian exploration company has started piercing the natural resource-rich lands of Kavango basin in Namibia, the company in searching for oil and gas....
Canadian mining company, Lucara Diamond Corporation, well known globally for producing rare gems of unprecedented quality, has not been spared by the 2020 global market downturn...
Sefalana released their best ever half year financial results. Revenue grew by 2.3% to BWP2.91 billion (HY 2019: BWP2.85 billion). Gross profit increased by 17.4% to...
Botswana Diamond PLC, a Botswana Stock Exchange (BSE) listed exploration company has moved a step closer towards developing it’s much talked about gem deposits around the...
Shumba Energy , a Botswana Stock Exchange listed exploration and energy development company has been given a ‘’go ahead’’ in its ambition of building a multi...
The International Monetary Fund (IMF) quantified and reported in 2017 how much Botswana is losing annually to wasteful government spending; it took the COVID-19 pandemic for...
Botswana‘s economy is receiving some of the heaviest blows in history. The COVID-19 pandemic has not only soiled 2020 growth trajectories but reversed all progress made...
Botswana Government through Ministry of Mineral Resources, Green Technology & Energy Security (MMGE) has underscored its intention to support power generation through Coal-Bed- Methane (CBM). This...
The Permanent Secretary to the President (PSP), Elias Magosi who is also the highest paid civil servant has resolved to exit the public service should he...
Botswana Development Corporation (BDC) has commenced a process to resuscitate Milk Afric, a multi-million pula project that was supposed to have transformed Botswana’s dairy sector at...
Following a devastating first half of the year 2020 due to COVID-19, the global diamond industry started gaining positive momentum towards the end of the year...
Next month Minister of Finance & Economic Development, Dr Thapelo Matsheka will face the nation to deliver Botswana‘s first budget speech since COVID-19 pandemic put the...
Botswana Development Corporation (BDC) has to date pumped a total of P100 million into the expansion of Kromberg and Schubert, a car harnessing manufacturing company, operating...
On Wednesday De Beers announced sales results for its ninth sales cycle of 2020. Figures from the diamond mining giant reveal significant recovery of the global...
Should Botswana’s revenue streams completely dry up to zero levels; the land locked country would only fend for itself for about 11 months. This was revealed...
The highly anticipated reopening of BCL mine will not happen anytime soon. Permanent Secretary in the Ministry of Mineral Resources, Green Technology & Energy Security, Mr...
Botswana Government has approached the World Bank Group for a debt facility to augment available financing options as the country pulls its economy out of unprecedented...
The International Monetary Fund (IMF) last week released its economic outlook for the Sub Saharan Africa region. According to the document, titled ‘A difficult road to...
High Commissioner of the Federal Government of Nigeria to Botswana, His Excellency Umar Zainab Salisu, has challenged President Dr Mokgweetsi Masisi to move swiftly and lobby...
The International Monetary Fund (IMF) has slashed its outlook the world economy projecting a significantly deeper recession and slower recovery than it anticipated just two months...
Local Bulb Manufacturing Company, The Bulb World operating from the special economic zone of Selibe Phikwe is preparing to enter the South African market, the company...