Mmegi: May you provide a brief overview of Collective Investment Undertakings (CIUs) Act and its purpose?White: The CIU Act dates back to an old piece of legislation that was promulgated in the early 1990s and subsequently repealed in 2012. However,...
Since hitting a 14-year high last August, inflation has declined over the months, dropping back to single digits in January, the first time it had done so since April 2022.Many consumers, however, have argued that the drop in the inflation figures...
As the world gathered in Gaborone for the Forbes Under 30 Summit this week, much of the formal and informal conversations were around how to boost the country’s entrepreneurial prowess, one of the elusive ingredients needed for broad, citizen-based...
In June 2016, Lucara Diamond Corp’s 1,109-carat Lesedi la Rona, the largest diamond recovered in a century and the pride of the country, failed to sell at widely livestreamed auction.The story around the stone began when the giant stone was pulled...
“I was in Paris, looking at Louis Vuitton’s holding company with its leader.“That company exceeds De Beers by 100 and it exceeds Anglo America five times, in terms of size. It’s huge. “I was looking at the Sewelo diamond which I think is...
For the outside observer, of late, the diamond industry has been dominated by debates over the sanctions against Russian diamonds, the efficacy of the Kimberley Process and more recently, De Beers’ negotiations with Botswana.Debates on lab grown or...
More accurately, those monitoring the deal with HB Antwerp are weighing its scalability.The three-year-old Belgian firm has built high expectations around what it can deliver.HB Antwerp’s first foray into Botswana was via a six-month deal with...
When I first heard there was a new contagious disease that had broken out in China and was spreading like wildfire to other countries, I never thought it would arrive in Africa, more especially Botswana.However, after reporting the first confirmed...
With SA easily accessible to Batswana, it has become my playground, as I have been able to visit quite regularly, both for leisure and work trips.My trip to Lesotho was not necessarily a planned one. Nevertheless it was just a spontaneous decision...
When launching Belgian diamond firm, HB Antwerp on Monday, President Mokgweetsi Masisi detoured from his prepared remarks, just as he was beginning to make them.“David Magang is a special guest of HB and mine. In all fairness, this is you and you...
Giyani Metals officials are sensitive to the need to manage expectations. And with good reason. It’s not every day that geological studies confirm the existence of billions of Pula in revenue, or verify millions of tonnes of a mineral desperately...
Since the base metal meltdown of 2016, when a commodity price rout crashed operations at BCL Ltd, Discovery Metals and African Copper, the local copper sector has slowly and painfully pulled itself back up from the collapse.As prices have picked up...
For the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), the question of what a pension fund and what it does, is crystal clear.“A pension fund provides for financial stability after you stop working, by providing a stream of income...
Ratong Women Centre advocates for women’s empowerment and it focuses on promoting women’s sense of self-worth, their ability to determine their own choices, and their right to influence social change for themselves and others.The centre,...
Itumeleng Ward councillor, who is also a popular media personality, Motamma Horatius, says women should not just fight for space in the male-dominated world, but actually seek to lead it, while groom other women to follow suit.Horatius was speaking...
Finance Ministry Peggy Serame wants to be clear that she is not “naming or shaming,” but “indicating performance,” as she shares a summary of how the various ministries have thus far spent their development budget allocations for the 2022/23...
An analysis of the development budget and how it has been spent in the past few years, does little to raise confidence that Finance Minister, Peggy Serame’s proposed allocation of P12.7 billion for projects, will see each and every thebe go where...
President Mokgweetsi Masisi’s remarks in his home village of Moshupa on Sunday have set the diamond world buzzing, as they hinted for the first time that the 54-year “marriage” between government and De Beers may not be as rosy as has been...
JOHANNESBURG – Historically African women have been said to be reluctant to take up leadership roles in almost all walks of life, but the 21st Century has seen the emergence of women leaders and voices in almost all sectors. In the SADC region’s...
Authorities at the Ministry of Agriculture are having a difficult time accepting the statistics they are seeing about the progress farmers have made since the ban on certain vegetables began last January.According to the figures, the total number of...