Business :: Mmegi Online

Monday, March 27, 2023

Sol Kerzner, the later founder of Southern Sun and Sun International, once uttered that for hoteliers to survive in the industry, they must beat customer expectations.

Pauline Dikuelo | 27 March 2023

Moses Mutapati in an interview with Business Monitor PIC: PHATSIMO KAPENG

Panda farmers to get 12 grain storage silos

The construction of 12 grain storage silos each with a capacity of 5,000 metric tons at Pandamatenga Special Economic Zone (SEZ) is anticipated to be complete in March 2023, BusinessMonitor has learnt.

Pauline Dikuelo | 27 March 2023

EIA completed for coal siding facility in Gobabis

An Environmental Impact Assessment (EIA) for the development of a coal siding facility in Gobabis has been completed and awaiting approval by the Ministry of Environment, Forestry and Tourism of Namibia.

Pauline Dikuelo | 27 March 2023

Gov’t moves to diversify Air Botswana’s revenues

Government, as a shareholder in the cash-strapped Air Botswana, says it is focusing on diversifying revenue streams for the national carrier as it looks to make it cargo driven, Parliament has been told.

Pauline Dikuelo | 27 March 2023

In the works: Lerala Mine closed in May 2017 and the fate of its last parcel of diamonds has been a tensely fought affair since then

‘Lost’ Lerala diamonds finally back in local hands

A parcel of 53,000 carats in rough diamonds from the Lerala Mine that was spirited away to Belgium by the former owner a day before closing the plant in 2017, is finally under local control after six years of complicated court cases, BusinessWeek can reveal.

Mbongeni Mguni | 24 March 2023

Lazarus moment: Lobatse Clay Works is due to return to life later this year

LCW set to bounce back to life

Plans are underway to resuscitate the Lobatse Clay Works (LCW) by August, lifting the iconic firm back to life after its closure six years ago.

Pauline Dikuelo | 24 March 2023

Free but pricey: The natural raw material for solar is free, while operating costs are also very low. However, the high start-up expenses are where most projects flounder

Norway firm budgets P650m for Phikwe solar plant

Scatec ASA is mobilising funding to the tune of $49 million (P650 million) required to build the 50-megawatt solar plant at Selebi-Phikwe, the country’s single largest renewable project to date.

Mbongeni Mguni | 24 March 2023

Tapping the market: Stanbic recently closed its private placement for P150 million with local investors

Stanbic raises P150m through bond placement

Stanbic Bank Botswana recently raised P150 million through the private placement of a five-year bond, the second largest debt note the bank has sought under its P2 billion issuance programme.

Mbongeni Mguni | 24 March 2023

Down and out: Ghaghoo was the country's first underground diamond mine

Ghaghoo Mine faces final closure

Gem Diamonds, the owner of the Ghaghoo Diamond Mine in the Central Kalahari Game Reserve (CKGR), is considering a final closure of the operation after failing to secure a buyer over the last six years of suspended activities.

Mbongeni Mguni | 22 March 2023

BMC gets greenlight to export beef to UAE

The Botswana Meat Commission (BMC) has been accredited to export beef to the United Arab Emirates (UAE) as of March 2023, Business Monitor has established.

Pauline Dikuelo | 20 March 2023

Fairgrounds targeted as Botswana's Wall Street

Staff Writer | 20 March 2023

Bank profits reach P2.7bn in 2022

Mbongeni Mguni | 20 March 2023

DPF eyes infrastructure as pension assets overhaul nears

Mbongeni Mguni | 17 March 2023

BMC, Air Botswana, BotsPost default on P618m gov’t loans

Mbongeni Mguni | 17 March 2023

Okavango Blue set to finally go on sale

Mbongeni Mguni | 17 March 2023

Letshego, MCM seal P2.2bn deal

Pauline Dikuelo | 17 March 2023

Historic: This particular shaft extends about 100 metres horizontally into Kgwakgwe Hill. Miners who operated there before 1957 and 1971, eventually abandoned the site as prices for the metal declined, while the shaft grew riskier due to the rudimentary mining methods being used PICS: MBONGENI MGUNI

The P40bn miracle hidden in the hills above Kanye

Just south of Kanye stands Kgwakgwe Hill, a historically important landmark steeped in mystery, culture and – according to the latest geological studies - at least $3 billion manganese riches. The company developing the mine expects to hit full production by 2026, transforming Kanye and surrounding areas, reports Staff Writer, MBONGENI MGUNI

Mineworkers union wields knives at Lucara

Botswana Mine Workers Union (BMWU) has resolved to defend its 50 members under the security department of Lucara Botswana against what they term systematic targeting by its Managing Director (MD).

Gov’t phases out Graduate scheme

Following rejection from youth graduates, government has taken a decision to phase out the Graduate Volunteer Scheme (GVS) first introduced in 2015.

Veggie ban bears fruit – Gov't

Government has revealed that due to the vegetable ban, local production of horticulture has increased from 36,244 tonnes to 45,221 tonnes, which is an increase of 25% while food imports, which vegetables are a part of, reduced significantly by at least 23.3%.

Shining bright: Lucara Diamonds keeps digging up huge stones at Karowe PIC: lucaradiamond.com

Lucara responds to BMWU allegations

PRESS STATEMENT: Lucara Botswana has over the last few weeks been engaging the Botswana Mine Workers Union (BMWU) on the organisational optimisation process currently undertaken by the company.

Guma finally leaves troubled BPF

Botswana Patriotic Front's (BPF) controversy-ridden Samson Moyo Guma has resigned from the party after a heated national executive (NEC) meeting. Mmegi Staffer SHARON MATHALA caught up with the political ‘nomad’ as he reveals deep intimate ‘secrets’ of the political space.

Man gets 15-year jail term for raping niece

FRANCISTOWN: A Serowe man convicted of raping his niece using violence was sentenced to 15 years in prison yesterday (Tuesday).

Doctor's orders can't be overemphasised

The walk serves to raise awareness of the prevalence and impact of using treatment to manage seizure attacks.While many are aware that epilepsy is a medical condition that requires specialised care by health practitioners, there are those who, unfortunately, have other ideas about the condition and often deny their children medical care.These individuals usually associate the medical condition with witchcraft and demonic attacks, and choose to...

The Monitor Editor | 27 March 2023

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BMC gets greenlight to export beef to UAE

Fairgrounds targeted as Botswana's Wall Street

Bank profits reach P2.7bn in 2022

DPF eyes infrastructure as pension assets overhaul nears

BMC, Air Botswana, BotsPost default on P618m gov’t loans

Okavango Blue set to finally go on sale

Letshego, MCM seal P2.2bn deal

The P40bn miracle hidden in the hills above Kanye

Mineworkers union wields knives at Lucara

Gov’t phases out Graduate scheme

Veggie ban bears fruit – Gov't

Lucara responds to BMWU allegations

Guma finally leaves troubled BPF

Man gets 15-year jail term for raping niece

Doctor's orders can't be overemphasised