When complete, the Jwaneng Underground Project, popularly known as the JUP, will create the world’s largest underground diamond operation, involving 360 kilometres of tunnels.Starting in 2034 and going up to at least 2054, the project will bring up...
This week, Minerals and Energy Minister Bogolo Kenewendoa said efforts are ongoing to find solutions for Minergy, whose Masama Coal Mine in Medie is the country’s second colliery after Morupule Coal Mine.Government recently converted its...
Botswana Life hosted its 2nd Annual Employee Benefits Convention this week under the theme “Transforming Employee Benefits Through Creative Solutions for Long-Term Sustainability.”The event brought together senior executives, finance directors,...
In a statement, OWS officials said the event would be held from June 26 to 27 in Maun. The officials said the Expo stands as a testament to OWS's enduring commitment to building a sustainable tourism value chain anchored in citizen economic...
The agreement comes as a lifeline for the country’s struggling meat industry and marks a rare win for the sector that has faced years of financial instability and declining output. The deal, confirmed by Minister of International Relations Dr....
According to officials, the agricultural sub sector currently produces 112,000 tonnes of horticultural produce annually, signaling substantial progress towards self-sufficiency. However, challenges such as stagnant cultivated land, slow irrigation...
The Doctors Inn Private Hospital, which has become the first licensed private day hospital in Maun, offers a consolidated range of services to the larger public in the vast district. The offerings amongst others include general medicine, surgery,...
The move forms part of Beijing’s broader effort to strengthen economic ties with Africa and increase the continent’s share of exports to China.The zero-tariff arrangement will allow a wide range of goods originating from Botswana and other...
The global natural diamond industry met in Las Vegas and New York last week, with players agreeing that provenance as well as highlighting the ethical, sustainable, and developmental role of natural diamonds, is key to their recovery from a nearly...
The latest developments come after a tense 2024 in which RDC launched a hostile takeover bid for PrimeTime, sparking complaints to the BSE which instituted a probe into the matter last October. A hostile takeover, a rarity in the local market, occurs...
The prolonged decline in diamond receipts, coupled with steady imports and the lack of other strong foreign currency earners, has meant a slide in the reserves over the months.In January, the Bank of Botswana (BoB) increased the trading margin used...
Despite their persistent efforts to curb the influence of inDrive, a leading mobile taxi platform, two additional major players have recently launched operations, further sidelining traditional taxi operators and deepening industry woes.Over the last...
As a result, project sponsors leave offices of the development finance institution disappointed that they did not get funding to take their concepts off the ground. However, there are several others who the agency was able to believe in their ideas...
In response, the company is implementing a series of targeted interventions to safeguard long-term business sustainability and enhance operational resilience. To align operational costs with the prevailing revenue outlook, Debswana will implement...
Most recently, interest has been reported from Indian mining billionaire, Anil Agarwal, along with Qatar’s sovereign wealth funds, as global investors take notice of a rare opportunity to acquire one of the world’s most storied names in luxury...
The move comes as the global diamond industry faces mounting regulatory pressure—particularly from G7 countries—to provide verifiable proof of origin amidst ongoing sanctions on Russian diamonds and growing scrutiny of supply chains. ODC’s...
The insurer also outlined its strategic direction following the deal. Speaking at a media briefing, Hollard’s managing director, Jane Tselayakgosi said the integration marks the beginning of a unified approach focused on operational efficiency,...
The latest forecast comes as Finance ministry technocrats prepare the country’s inaugural mid-term budget, which will provide a half-year revision of the estimates provided in the February budget.In a week in which the country was shaken by more...
Non-mining GDP held the fort last year as the only growing sector of the economy, containing a contraction of economic output to negative three percent, which could have been worse if non-mining GDP did not grow at by four percent.Prominent economist...
The move is part of LLR's ongoing strategy to diversify and strengthen its property portfolio across Botswana.This week, the company, which is listed on the Botswana Stock Exchange (BSE), released a statement informing its unitholders and...
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