Author

Mbongeni Mguni
Financial Journalist

Twitter: @MboBW

Email: [email protected]
  • BSE updates ESG guidelines

    Speaking recently at an ESG roundtable, acting CEO, Kopano Bolokwe, said the guidance has been developed in partnership with the Global Reporting Initiative (GRI) and is structured around recent developments in global disclosure standards.These...

  • DPSM probes per diem policy abuse

    The DPSM senior assistant director for the Compensation and Benefits Unit, Tshokolo Timothy, told Mmegi the conduct was “very unfortunate and regrettable”. The comments come amidst an upsurge of complaints from small hospitality players in...

  • Masisi rallies for natural diamonds in Las Vegas

    The annual JCK Show is one of the diamond world’s biggest calendar events and this year attracted about 30,000 delegates from across the value chain of the industry. Botswana for the first time established a booth at the show, while Masisi took the...

  • ‘Cybersecurity law a step in the right direction’

    Mmegi: Your initial thoughts on the draft bill?Moepeng: I have read the draft Bill and I must say it is a step in the direction, except for a few amendments that are needed to enhance it as already expressed by industry practitioners at the recent...

  • Masisi seeks assurances as Anglo shakes off BHP bid

    Briefing journalists at the airport in Gaborone on Wednesday ahead of a flight to the JCK Show in Las Vegas, Masisi said he was seeking first-hand assurances.“The reason for travelling (to Las Vegas) is to go and get that first hand from the...

  • Wilderness spends P6.5m on suppliers

    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...

  • Why do frequent El Niños still catch the region by surprise?

    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...

  • Anglo gives BHP seven days for takeover talks

    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...

  • Antwerp U-turns on diamond single node

    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...

  • Deadline looms for BHP in Anglo deal

    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...

  • Jwaneng underground to proceed, Vows De Beers CEO

    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...

  • El Nino-hit Southern Africa launches $5.5BN humanitarian appeal

    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...

  • Market study due for 5GW solar project

    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,...

  • Anglo, De Beers face billion-dollar diamond shake-up

    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...

  • Anglo exit: What it means for Botswana

    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...

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