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The WDC, the US-based umbrella body representing the natural diamond value chain, estimates that thousands of jobs could be lost across the industry from manufacturing to independent jewellers.On April 2, a day he called Liberation Day, President...

Figures from the central bank show that bidders for the government treasury bills and bonds on offer at the April 24 auction, were particularly reluctant to take up notes at the longer end of the spectrum, potentially signalling some concerns about...

NIU snapped up Phoenix last year for $15 million (P205 million), after an extended period of the liquidators and government looking for takeover partners for the operation. Phoenix’s sister operation, Selkirk, was purchased by Premium Nickel...

In a brief statement yesterday, the two founders said the company’s direction had shifted away from its original mission, but did not provide details.“When we founded HB, our ambition was clear: to build a new blueprint for the diamond industry...

Mark Norwell, the CEO of Perenti which majority owns Barminco, was quoted this week as saying the company’s returns from the Khoemacau contract were less than target. Norwell reportedly said Barminco must maintain its” commercial discipline to...

The International Monetary Fund (IMF) is today (Friday) expected to brief on its expectations of how the economies of sub-Saharan Africa will likely perform in 2025. This area of the globe is in a form of economic stasis, after US President, Donald...

In his February budget speech, Finance Minister and Vice President Ndaba Gaolathe, had forecast growth of 3.3 percent this year, based on the hope that diamonds would recover from their slump in the latter part of the year, whilst the non-diamond...

Inflation, which is the rate of growth in the average prices of goods and services in the economy, has been marginally ticking up in recent months, being last measured at 2.8 percent in March. The level is, however, still lower than the three to six...

In January, a day after Donald Trump began his second coming as President of the United States, Mmegi published an analysis entitled “US trade deal: What’s AGOA’n on?”.The essence of the piece was on how US lawmakers have delayed the renewal...

Villagers in Tubu in the Western panhandle are getting desperate. While other areas in the north-west enjoy healthy seasonal incomes from their controlled hunting quotas, Tubu villagers believe their allocation is too small especially when compared...

Mupane's sale comes as gold prices trend at record highs due to the metal's status as a safe haven against the disruptions caused by the United States' planned global trade tariffs.Mupane ceased operations in March 2024, two years after...

The link will run for about 120 kilometres from Mmamabula to Lephalale in Limpopo, before linking up with existing lines to run to Richard's Bay port terminal, with a possible future expansion to Mozambique.The latest available figures indicate...

The Time’s list includes leaders, artists, icons, titans, pioneers and innovators from across the globe who are driving change across the world.“It includes nine leaders who are fighting for justice, equality, and democracy, at a moment when the...

Debswana executives have a phrase they often apply to situations similar to the one the industry is facing from the recent announcement of global tariffs by the United States: VUCA.Volatile, Uncertain, Complex and Ambiguous or VUCA perfectly...

Copper mines in the country exported P7 billion worth of the base metal in 2023, up from P4 billion in 2022.Recent Bank of Botswana figures show the extent to which both rising copper prices on the global market and improving local production, have...