Morupule Coal Mine (MCM) and Letshego Botswana recently partnered through the signing of a Memorandum of Understanding to provide financial support to Micro and Small Entrepreneurs (MSEs) and drive Citizen Economic Empowerment. The agreement enables Morupule Coal Mine’s contract suppliers the unique opportunity to access affordable funding through the commitment of a P2.2 Billion facility by Letshego Botswana over a period of 5 years. In consideration of the current economic climate, where Micro and Small Entrepreneurs (MSEs) have been hardest hit, Letshego Botswana and Morupule Coal Mine commit to hiving off contracts, empowering and providing ongoing financial support to these…
Author: Editor
A new Wilderness is here. From humble beginnings in Botswana almost 40 years ago, the company started with a few rustic tents, a single Land Rover, two dedicated safari guides, and a dream of showcasing Africa’s iconic wild places. Wilderness has since grown into a world-leading conservation and hospitality company, with over 3,000 passionate employees, and over 60 camps in eight countries. Today, Wilderness proudly announces its new brand and website; taking its core conservation ethos and passion for hospitality to even greater heights, and ensuring that the company is well positioned for future global growth. “We’ve changed, evolved, and…
In its continued efforts towards improving livelihoods for individuals and communities across Botswana, Botswana’s largest financial services group, the BIHL Group served the Diamond sponsor at the Orapa Diamond Golf Challenge (ODGC), which took place from 16-18 September 2022. The ODGC is an annual golfing event first introduced in 2018, and was sponsored by the BIHL Group and Subsidiaries – Botswana Life, Bifm and BIC – to the tune of P375,000. This was the 3rd time the Group served as the Diamond Sponsor, and the 3rd time partnering with ODGC organisers for the prestigious and indeed beloved event. The ODGC is a Pro-Am event that features Botswana’s best golf professionals and top ranking amateurs. The format of play was strokeplay for professionals and championship division, whilst all other…
In its continued efforts to strengthen relationships with key stakeholders, Stanbic Bank Botswana has once again sponsored the recently held Morupule General Manager’s Cycle Challenge 2022 to the value of P311,000.00. This is yet another means through which the Bank reaffirms its dedication to supporting initiatives that improve the lives of Batswana, whilst at once promoting healthy lifestyles through fitness activities, and championing the benefits and growth of the cycling discipline. The GM’s Cycle Challenge was held on the 4th of September in Palapye. The main purpose of the cycle challenge is to raise funds for various charitable works to provide assistance to some members…
Construction activities for the transmission line to connect the Lesedi Power Project to the Botswana power grid have commenced. Zismo Engineering Pty Ltd have completed their preliminary work and bush clearing of the route is underway. Preliminary work included site handover, assembling the project team and resources, mobilisation of plant and equipment, line survey and design, pole structure modelling, and review and approval by Tlou’s Owners Engineer, Mott MacDonald. Zismo has also commenced procurement of equipment which includes manufacture of steel and wooden poles, cross-arms, line hardware, fittings, stay wire and assemblies. Equipment will be delivered in batches, with the first…
The Board of Botswana Diamonds, the London AIM and BSE listed diamond explorer, has announce that, despite intensive advanced and ongoing discussions with interested parties, the Board has been unable to secure a new joint venture partner to acquire the Ghaghoo mine before the extended long-stop date of 10th May 2022. The Share Sale Agreement (the “Agreement”) with Gem Diamonds Limited (“Gem Diamonds”) for the sale of its wholly owned subsidiary of Gem Diamonds Botswana Ltd (“GDB”), has therefore now lapsed. Gem Diamonds have indicated their willingness to re-engage on substantially the same terms as the Agreement if BOD and a partner…
Galane Gold Ltd. said it has completed the sale of its Mupane gold mine in Botswana to Hawks Mining Company Proprietary Limited (“Hawks Mining”), a company registered under the laws of Botswana and owned by certain individuals forming part of the Company’s local Botswana management team (the “Transaction”). The full details relating to the Transaction were set out in our press release of February 7, 2022 and as of May 3, 2022 all the conditions for the completion of the Transaction have been met. “As the cornerstone of Galane Gold for the last 11 years, Mupane has been a critical…
Okavango Wilderness Safaris Vumbura Plains, set in the heart of the Okavango Delta World Heritage Site in Botswana, has reopened after an extensive refurbishment of both the camp’s exteriors and interiors. Its refreshed look and feel showcases its sense of place and culture, enhanced by an outstanding menu and superlative hospitality. Vumbura offers travellers a sublime African wilderness journey, with arguably the best wildlife encounters in the Delta. “We are delighted to have completed this extensive refurbishment of one of our flagship camps – in excellent time, despite the trials of the pandemic. Vumbura epitomises the serene beauty and year-round…
Alexander Forbes, Southern Africa’s leading employee benefits firm has unveiled a new vision, purpose and customer value proposition supported by a refreshed brand to form a greater connection to the people that the organisation serves. The company announced today that it has rebranded from Alexander Forbes to Alexforbes with a new tagline reflecting its purpose of pioneering INSIGHT to deliver ADVICE and solutions that IMPACT people’s lives. According to Dawie de Villiers, CEO of Alexforbes, “This shift aligns with its vision of becoming the most impactful provider of financial advice serving both individual customers and institutional clients.” Expanding on the…
Chief executive officer of Botswana Energy Regulatory Authority (BERA), Rose Nunu Seretse has been elected as Vice Chair of RERA. Member Regulators of the Regional Energy Regulators Association of Southern Africa (RERA) elected BERA as the Vice Chair of the Association during the Annual General Meeting (AGM) No. 17 held on 25 February 2022 in Swakopmund, Namibia. “BERA will serve as the Vice Chair of RERA for a two-year term from 2022 to 2023. Mrs. Rose Nunu Seretse, Chief Executive Officer (CEO) and designated representative of BERA on the RERA Executive Committee (ExCo) will assume the role of the Vice…