mmegi

Gov’t to cede mining equity entitlement to Batswana

Friday, July 07, 2023 | 730 Views |

Sharing empowerment: Moagi PIC: MBONGENI MGUNI

The ongoing winter Parliament is expected to debate changes to the Mines and Minerals Act which propose that government’s existing entitlement to purchase 15% in any new mining venture, be ceded to citizen investors.

Amendments to the Act could also potentially see the 15% equity option for government increased to 26%, BusinessWeek has established.

The current Mines and Minerals Act allows government to buy a 15% shareholding in any new mining project, with an option for a higher, negotiated stake in diamond mines.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Botswana, Angola focus on reviving diamond demand

Mbongeni Mguni |
11 November 2025

IN TALKS: Kenewendo and Azevedo met on Friday in Gaborone. PIC: MINISTRY OF MINERALS FACEBOOK

Gov't to import 1,000 Girolando cattle from Brazil

Goitsemodimo Kaelo |
11 November 2025

Broke gov’t turns to TVET students for facility upkeep

Goitsemodimo Kaelo |
11 November 2025

Dis agent gets bail in daughter rape case

Larona Makhaiza | 7 h ago

Dato Seiko announces an immersive show : healing point

Staff Writer | 9 h ago

Senior police officer found dead in suspected suicide

correspondent | 1d ago

India to rescue with ARVs amid ongoing health crisis

Sharon Mathala | 1d ago

Boko should stop the fighting and start the delivering

The Monitor Editor | 2d ago

Queue of Hope and Helplessness

Thulaganyo Jankey | 2d ago

BFA should present a clear cut plan for Zebras

Mqondisi Dube | 2d ago

Special mention for Botswana as Betway rakes P9bn in Africa

Mbongeni Mguni | 1d ago

Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

The Monitor Editor | 11 November 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Gov’t to cede mining equity entitlement to Batswana

The ongoing winter Parliament is expected to debate changes to the Mines and Minerals Act which propose that government’s existing entitlement to purchase 15% in any new mining venture, be ceded to citizen investors.

Dis agent gets bail in daughter rape case

Dato Seiko announces an immersive show : healing point

Senior police officer found dead in suspected suicide

India to rescue with ARVs amid ongoing health crisis

Boko should stop the fighting and start the delivering

Queue of Hope and Helplessness

BFA should present a clear cut plan for Zebras

Special mention for Botswana as Betway rakes P9bn in Africa

Boko should stop the fighting and start the delivering