In a statement on Friday, PNRB said Mphathi’s departure was part of organisational changes to the executive management team.Beginning three years ago, with Mphathi at its helm, PNRB took over the Selebi and Selebi North shafts which represent two...
In an update this week, the company said several technical challenges were behind the updated capital costs and production timelines, which had also impacted revenue forecasts over the period.Karowe, situated near Letlhakane, has become world-famous...
TransUnion and its research partner, Dynata, surveyed 401 adults residing in Botswana between May 5 and 22 using an online research panel method across a combination of desktop, mobile and tablet devices.To increase representativeness across...
Reading the motion for the second time in Parliament, Minister of Agriculture, Fidelis Molao, said government has been worried about the dwindling contribution of livestock sales to the mainstream economy, adding that this has been a point of pain...
An IMF team, led by Luc Eyraud, division chief in the IMF African Department, visited Gaborone between July 4 and 14 and held discussions with various monetary and fiscal authorities.In a statement made available after the visit, Eyraud said the...
Activity at the country’s airports is generally linked to tourist activity, with the third quarter of each year experiencing higher passenger volumes in line with the peak tourism period. The fourth quarter is also traditionally busy due to festive...
An IMF team, led by Luc Eyraud, division chief in the IMF African Department, visited Gaborone between July 4 and 14 and held discussions with various monetary and fiscal authorities.In a statement made available after the visit, Eyraud said the...
Delegates in the group included chief investment officers and other decision makers from institutional investors such as Bank of America Securities ($1.5 trillion in assets under management), Mercer ($380 billion) New York City Board of Education...
DFC CEO, Scott Nathan, appointed to his position in February 2022 by President Joseph Biden, told the summit that in-country beneficiation of minerals, particularly the highly sought-after battery metals required for the global energy transition, was...
Established in 2006, DTCB has been limited to only sorting and valuing stones from Debswana, before selling these to De Beers and the state-owned Okavango Diamond Company.In the years since its establishment, DTCB’s operating position has tightened...
Assistant Agriculture minister, Molebatsi Molebatsi, recently said farmers would be restricted to exporting two live cattle each between July and October, then one each between then and December, when the exports would end.“Previously when the...
The continental bank’s board approved a $7.88 million grant (P105 million) to the Africa Energy Transition Catalyst (AETC) programme, which aims to increase renewable energy generation across the continent.“The AETC programme sets out to conduct...
Figures published by Statistics Botswana yesterday indicate that the cost of living continues to decline in line with forecasts by the Bank of Botswana and other analysts. This year, inflation has moved from a peak of 9.9 % in March, to its low of...
Figures released by Statistics Botswana recently indicate that national electricity production reached 890,655-megawatt hours (MWh) in the first three months of the year, compared to 638,501MWh over the corresponding period last year.The country...
Over the corresponding period last year, the DCI had risen 2.5 percent, indicating that this year has seen broad price strengthening across the local exchange.According to data compiled by Stockbrokers Botswana, leading the DCI in the first half of...
The summits, organised by the Corporate Council on Africa - a trade association focusing on strengthening commercial relationships between the United States and Africa – are the premier platforms for bringing together African heads of state and...
Tendani Sibanda, who is a passionate leathersmith, works alongside her husband as core founders of MKLA Africa, a leather specialist company that makes an array of hand-crafted leather.Sibanda told Monitor Business that she started exploring her...
This was announced by BSE management during a groundbreaking event at the Central Business District where the building will be built.Central Securities Depository board member, Pascaline Sefawe, said construction is set to begin soon and the project...
Business Den, an entrepreneurship development programme, targets ambitious, innovative, and young driven entrepreneurs with sound business ideas, providing them with an unparalleled opportunity to secure a grant-based funding opportunity of P500,000...
Amendments to the Act could also potentially see the 15% equity option for government increased to 26%, BusinessWeek has established.The current Mines and Minerals Act allows government to buy a 15% shareholding in any new mining project, with an...
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