BRIEF CASE

| Monday June 23, 2008 00:00

The additional area covers 5,700 square km from the western boundary of the company's current copper-silver tenements across to the Namibian border. An assessment of the seven new tenements indicates that they have potential to contain about 600-strike km of mineralisation of a similar style to that found in the company's current Zeta, Plutus and Petra Inferred Mineral resources. Discovery Metals already has an inferred mineral resource of 46.1 million tonnes at 1.3 percent copper. Securing the tenements gives Discovery control over a substantial portion of the Kalahari Copper Belt.
 
Turnstar Issues Cautionary Note
Turnstar Holdings Limited has issued a cautionary announcement, advising shareholders that the company is in negotiations, which if concluded successfully, will result in the acquisition of properties and may have an impact on the prices of securities. Unit holders are therefore advised to exercise caution when dealing with the securities of the company until a full announcement is made.

DCI Up
The Domestic Company Index (DCI) gained 1.84 percent to close at 7,147.34 points while the FCI lost 0.06 percent to close at 2,594.26 points. Imara registered a phenomenal 44.74 percent gain. Other gainers include CIC Energy, Barclays, and Stanchart. The biggest loser was A-CAP, which lost 7.19 percent to 4.00thebe. 

FNB Launches Private Bank
The First National Bank Botswana (FNB) has launched the first Private Bank service, which is expected to offer personalised banking, lending and wealth management services designed to deliver exclusive solutions to various customers. Clients will have access to a variety of facilities, which include transactional, lending and wealth management. The introduction of the Private Bank service is a positive move as it adds on to the products/services range that the bank already offers, meaning that clients now have a wider range to choose from. The move is also expected to drive both the top and bottom lines in the long-term, and improve the bank's competitiveness.

Nkate Opens Maths Meet
The Minister of Education and Skills Development, Jacob Nkate, will today officially open a Trends in International Mathematics and Science Study (TIMSS) conference at the Gaborone International Convention Centre (GCC). TIMSS project is aimed at assessing how students at various stages of learning Mathematics and Science understand the subject and is conducted by the International Association for the Evaluation of Educational Achievement (IEA). IEA conducts a series of conferences in various participating countries. Botswana, through the Botswana Examinations Council (BEC), is hosting the conference from June 22-27.

Delegates at the conference will be researchers and educationists from the participating countries together with members of staff from IEA centres around the globe. Botswana will be participating in the current cycle for which the data was collected in 2007.