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Briefing members of Parliament’s Public Accounts Committee this afternoon, the ministry’s permanent secretary, Grace Muzila said authorities were seriously concerned about the numbers of cases and admissions, in recent weeks.She revealed that as...

KP, consisting of 85 countries, diamond producers, observer groups, and civic organisations, is the diamond industry’s broadest and most authoritative grouping, enjoying the backing of the United Nations (UN).While the West has sanctioned Russian...

Cynics of economic growth figures frequently cite the quote made famous by US literary legend Mark Twain: “'There are three kinds of lies: lies, damned lies, and statistics”.When Statistics Botswana recently announced that the local economy...

The poor response comes as a report from the Financial Intelligence Agency (FIA) indicates a 400% increase in the value of suspicious transaction reports received last year, with cryptocurrency scams leading the pack.Under the Virtual Assets Act...

Local geologists say the country’s eastern half has been well prospected and to an extent, well developed, as seen in the establishment of several mines that have supported the well-documented mineral-led revolution of post-Independence...

Although few details have been provided about the review of the IRP, it is understood the fast-tracking of several projects is in line with supporting the country’s energy transition from its current near-total reliance on fossil fuels such as...

The higher bill, insiders say, is due both to government’s deepening credit appetite since COVID-19 arrived and upset the budget, as well as rising interest costs incurred when the local market prices in higher inflation and a sovereign credit...

Motsomi takes over from Lynette Armstrong who has been acting in the position since August 2019.“While we were fortunate to have a number of very strong candidates for this important role, the Debswana Board selected Mr. Motsomi as the ideal person...

By last Friday, Letshego’s share price was up 25% for the year, outpacing its peers on the Domestic Companies Index, according to Stockbrokers Botswana data.Second-placed gainer, Standard Chartered Bank Botswana was up 14.8% by comparison, followed...

Norsad’s Investment Director, Oteng Sebonego told last week’s resources infrastructure and energy forum that the firm was open to proposals around green field developments, companies looking to self-generate their own electricity, those looking...

The global diamond industry meets in Kasane on June 20, a keenly awaited event as the world’s biggest producer of precious stones, Russia, continues its military invasion of Ukraine.The Kimberley Process (KP), consisting of 85 countries, diamond...

Known as Ikaegeng XTL (coal-to-liquid), the ambitious project aims to tap into the billions of tonnes of coal lying untapped in the country, with technology applied to produce various petroleum products for domestic use.While 11 companies were...

As a nationwide strike by commuter transporters entered its third day on Thursday, the Botswana Energy Regulatory Authority (BERA) warned that the average P1.92 increase in petrol and diesel pump prices effected last week was still below the level...

The corporation’s general manager for generation, Edward Rugoyi told this week’s Botswana Resources Infrastructure Energy Forum that plans for the conversion were in progress.“We are thinking of importing LNG to fuel the 90MW,” he said.While...

Built at $412 million (P5 billion), Khoemacau Copper Silver Mine is currently the country’s sole producer of the base metal, as efforts are ongoing to resuscitate the BCL Mines and the Mowana operation, now known as Kopano Copper Mine. Khoemacau...