A familiar face raises its hand as economy looks for revival

Friday, July 23, 2021

Changing gears: Minergyu00e2u20acu2122s Masama Mine is ramping up to full production PIC: MINERGYCOAL.COM

For more than 40 years, the economy has fought to move away from its reliance on mining, particularly diamonds, with mixed success. With the economy having suffered its worst contraction last year due to COVID-19, mining is emerging as the surprise hero of reviving fortunes for government and jobs. Staff Writer, MBONGENI MGUNI explains

Any week from now, a shiny new mine will be officially opened on the sands of the Kalahari Copperbelt in northwestern Botswana, a $600 million investment that is currently supporting more than 2,300 jobs.

Over its 20-year lifespan, Khoemacau Copper Mine expects to pay the government nearly P3 billion in royalties, an amount that excludes taxes and could rise depending on copper prices, which are currently trending high on global markets.

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A familiar face raises its hand as economy looks for revival

Search continues for Maun boy feared to have been taken by a crocodile

Inimba Gets the Nod for Season 2 on Mzansi Magic

Peace conference addresses growing list of social ills

GAYO Botswana and BA ISAGO University Forge Major Partnership to Advance Climate Education and Youth Leadership

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