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Speaking during the high-level dialogue on mineral resource governance in Africa conference in Gaborone this week, Masisi expressed his stern worries over how the blessing of mineral endowments has turned into political malediction for many African...

During the recently ended Future of Mining summit, one common thread ran across the speeches of executives: the fear of synthetics. If synthetics aren’t all that, then why is everyone talking about them? Speaking economically, diamonds economically...

Botswana was ranked 55th out of 67 countries assessed, rising from the previous year’s position of 59. Botswana emerged above African titans such as South Africa, Nigeria and Ghana.Though similar to the World Economic Forum’s (WEF) more...

According to the apex bank, at its sitting the BoB’s Monetary Policy Committee (MPC) decided to reduce the Monetary Policy Rate (MPR) by 25 basis points to 2.15%. The move means that borrowers on variable rate loans such as personal and credit card...

This was revealed by representatives of various companies who gathered for the recently ended Future of Mining Summit. Going forward, many mining companies are now setting their eyes on international shores to expand their nets and get more customers...

At the Future of Mining Summit this week, Minister of Minerals and Energy Lefoko Moagi said that the de-merger decision by Anglo has excited the government, which will tussle to protect its shareholding and up its stake in De Beers.“It’s about...

The Canadian firm executives revealed in a statement recently that the capital raise was conducted through a private financial instrument where current investors are offered shares at a fixed rate. The above market expectation performance signals...

While diamonds remain the leading contributor to the country’s Gross Domestic Product (GDP), the future of Botswana’s mining industry is clouded with uncertainty. Particularly concerning is the projected closure of many diamond mines by 2050,...

The figures revealed that the value of diamonds sold by the diamond mining company, which is owned 50/50 by De Beers and Government of Botswana, in the first three months of the year slowed to P7.6 billion from P14.1 billion over the same period last...

Trade is credited as the economic activity that united and grew the world, when the demand for spices exploded throughout the Roman Era and into the medieval period, defining economies from India to Europe. This demand carved out some of the first...

In its latest update, the Financial Stability Council (FSC), made up of the Bank of Botswana, the Non-Bank Financial Institutions Regulatory Authority, the Financial Intelligence Agency and the Finance ministry, said there is a growing threat to...

With no electoral winner, the nation heads for a coalition government which raises even more fears about the stability of such a government. In politics, they say there are no permanent enemies, and the adage will prove true soon, as parties that...

Synfuels China, a major oil refiner with operations in China, Mongolia, and Taiwan, presented this week to a technical team of local research institutions and investment agencies.Officials from Synfuels said the CTL project will involve uphill costs...

The findings followed a studied on the viability of Botswana Oil Limited’s coal to liquids (CTL) project, which has been called to question especially the quality of coal in the country. A senior official at Botswana Oil, Gamu Mpofu revealed...

This was revealed in the latest sales report by De Beers in which the diamond miner projects that provisional fourth quarter sales will reach $380 million (P5.17 billion), which is a fall from last year’s Q4 sales of $479 million.Al Cook, CEO for...