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.

BCP eyes student vote revival

Tsaone Basimanebotlhe | 2d ago

UB politics shapes future leaders

Tsaone Basimanebotlhe | 2d ago

DIS officers seek tribunal authority over Magosi

Mpho Mokwape | 2d ago

DIS officers reject Magosi’s defence over P7.4m payout

Mpho Mokwape | 2d ago

DIS in P 1.5m employees money theft accusation

Innocent Selatlhwa | 2d ago

Botswana bets on gas mining boost for flagging economy

Sello Motseta | 2d ago

Mupane creditors grow uneasy as appeal drags on

Lewanika Timothy | 2d ago

UDC NEC to reconvene post leadership changes

Tsaone Basimanebotlhe | 2d ago

Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

Mmegi Editor | 10 April 2026

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.

BCP eyes student vote revival

UB politics shapes future leaders

DIS officers seek tribunal authority over Magosi

DIS officers reject Magosi’s defence over P7.4m payout

DIS in P 1.5m employees money theft accusation

Botswana bets on gas mining boost for flagging economy

Mupane creditors grow uneasy as appeal drags on

UDC NEC to reconvene post leadership changes

Botswana must not be a flag of convenience for rogues