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Speaking at a stakeholder update recently, OWS caretaker managing director, Joe Matome, said from the Expo where 110 vendors gathered in Maun, the tourism group had already welcomed many onto its supplier database for procurement and engagement.He...

SADC, this week, launched a $5.5 billion (P74.4bn) global appeal for humanitarian aid, in the wake of a devastating El Nino-hit summer that brought record droughts and floods to more than 60 million people in the region.The last such appeal was a...

For the past month, BHP – the world’s largest mining company – has pursued a takeover of Anglo American as part of a push to consolidate its copper holdings. On Wednesday, BHP tabled a third increased all-share offer for Anglo valued at $49...

In a statement yesterday, the Antwerp World Diamond Council (AWDC) which is acting as the G7’s industry representative and expert, said a workable traceability system was important for all parties. The Council said it was critical that the trade of...

According to the Takeover Code, BHP has until 1700hrs British time to make a substantive offer to Anglo, a principle known as “put up or shut up”. The Code is governed by the Takeover Panel, a British-based independent organisation which...

De Beers’ CEO, Al Cook, told The Monitor the diamond giant was determined to deliver value for its stakeholders, who include partners in Botswana.“The announcement regarding the separation between De Beers and Anglo American opens up new...

In a communique issued after eight Southern African Development Community heads of state met virtually, the regional organisation noted that El Nino had caused drought and floods across Southern Africa affecting 61 million people.The last time SADC...

The mega solar project will be Southern Africa’s largest solar power project and the first of its kind on the continent, involving collaboration between two countries and multiple continental and international agencies and partners.Botswana,...

Meanwhile, Australian mining giant, BHP, has separately moved towards a $39 billion (P540 billion) offer to fully take over Anglo American. At present, the deal includes De Beers and involves as yet unclear implications on the country’s ongoing...

This morning, Anglo American – which became De Beers' 85% equity investor in 2012 when founding family – the Oppenheimers divested – announced that it was looking to exit its investment in the diamond group as part of a strategic review of...

TransUnion has over 13,000 associates operating in more than 30 countries, including Botswana, Kenya, Malawi, Namibia, Rwanda, South Africa, Eswatini, and Zambia.Kabelo Ramaselwana, country manager at TransUnion Botswana, told BusinessWeek several...

Anglo holds 85% in De Beers, with the other 15% held by the Govt of Botswana.The statement by Anglo this morning, follows weeks of pressure by global mining group, BHP, which is pushing to buy Anglo. Anglo, which has rejected all bids, yesterday said...

The MDCB is the state minerals investment agency and government’s chief policy advisor for the sector.At present, mineral royalties payable by mines in the country range from three to 10% annually and are levied on the gross market value of...

South African agricultural economists estimate that the value of the country’s vegetable exports to Botswana dropped by 55% in 2022, the first year of the partial horticultural import ban imposed by Gaborone to boost local production.The figures...

The central bank projects that inflation will temporarily trend below three percent, before moving into the three to six percent objective range from the third quarter of the year, into the medium term. Inflation in April is expected to drop to 2.3...