According to the 2023 edition of the authoritative survey, Botswana took back its position as Africa’s most attractive mining investment destination, overtaking Morocco.At the global level, five European countries overtook Botswana in the latest...
In a statement yesterday, the Antwerp World Diamond Council (AWDC) which is acting as the G7’s industry representative and expert, said a workable traceability system was important for all parties. The Council said it was critical that the trade of...
According to the Takeover Code, BHP has until 1700hrs British time to make a substantive offer to Anglo, a principle known as “put up or shut up”. The Code is governed by the Takeover Panel, a British-based independent organisation which...
However, this did not deter 19-year-old Amantle Mthunzi from using her creativity to venture into this business despite tough competition.Trading under the name Amantle's Icy Treats, the company specialises in producing mouthwatering, premium icy...
Taking journalists on a tour of the newly upgraded project on Thursday last week, officials explained that the motel now includes a revamped outdoor pool area, a conference room that can accommodate 350 people and smaller rooms for intimate...
The 80-roomed hotel that the company is building at the second city is part of their ongoing expansion efforts within the country. According to management, the new hotel aims to cater for both business and leisure travellers, providing modern...
Speaking to BusinessWeek during the recently ended US-Africa Business Summit held in Dallas, Texas, a highly placed MCC insider said Botswana has applied to be a beneficiary of the MCC, as part of efforts to revive barren sectors and state-owned...
The mega solar project will be Southern Africa’s largest solar power project and the first of its kind on the continent, involving collaboration between two countries and multiple continental and international agencies and partners.Botswana,...
On Wednesday, Puma Managing Director Dominic Dhanah said the company has started to recruit citizen-owned companies to form partnerships with Batswana who want to venture into fuel transportation.“The development is part of our Project Maatlafatsa...
This morning, Anglo American – which became De Beers' 85% equity investor in 2012 when founding family – the Oppenheimers divested – announced that it was looking to exit its investment in the diamond group as part of a strategic review of...
TransUnion has over 13,000 associates operating in more than 30 countries, including Botswana, Kenya, Malawi, Namibia, Rwanda, South Africa, Eswatini, and Zambia.Kabelo Ramaselwana, country manager at TransUnion Botswana, told BusinessWeek several...
Anglo holds 85% in De Beers, with the other 15% held by the Govt of Botswana.The statement by Anglo this morning, follows weeks of pressure by global mining group, BHP, which is pushing to buy Anglo. Anglo, which has rejected all bids, yesterday said...
Before the pandemic Matshidiso, who originates from Moshupa, was in the business of selling clothes. But then COVID-19 hit, meaning travel was restricted and she could not conduct her business as she used to.Rather than giving up, she brainstormed on...
The MoU focuses on investment, impact assessment, and the beneficiation of Botash products. It serves as the foundation for future binding contracts, detailing the terms and conditions of their joint endeavours.According to the terms of the...
According to the banking giants, its office in China will operate under a wholly foreign-owned enterprise licence.The licensing regime permits the financial institution to provide general advisory services to clients based in China for concluding...
This week, the Botswana Development Corporation (BDC) revealed it has purchased 220 cattle comprising 170 dairy cows and 50 heifers from a local dairy farmer operating in Pitsane. However, the Corporation is still housing the cows at the Pitsane farm...
The MDCB is the state minerals investment agency and government’s chief policy advisor for the sector.At present, mineral royalties payable by mines in the country range from three to 10% annually and are levied on the gross market value of...
She told BusinessMonitor that what sets her business apart from the rest of other fashion brands is commitment to sustainability and zero-waste techniques in the design process. Bakwena also elaborated that they recycle and reuse fabric off-cuts to...
According to the group’s 2023 annual report, during the reporting period, the group’s investment and property portfolio grew by 1.3 percent to P6 billion despite the sale of 138 million less strategic assets during the year. Revenue rose by seven...
The central bank projects that inflation will temporarily trend below three percent, before moving into the three to six percent objective range from the third quarter of the year, into the medium term. Inflation in April is expected to drop to 2.3...