Author: Editor

DHL Aviation, a part of DHL Express, has secured the title of International All Cargo Carrier of the Year in Africa at the STAT Times’ International Awards for Excellence in Air Cargo, held in Johannesburg, South Africa, recently. The award winners are nominated and voted for by the worldwide readers of STAT TIMES, the dedicated trade publication for the global aviation and air cargo industries. Charles Brewer, Managing Director for DHL Express Sub-Sahara Africa, said the award highlights the power of their extensive network on the continent. “DHL Express is the only logistics company in Africa with a dedicated air network,…

Read More

WorldVentures Holdings, a global company in the direct-selling travel club sector, has acquired a next generation, cloud-based, end-to-end reservations, contracts, operations and distribution management systems platform for travel providers. According to the company, the new platform offers a central reservation management system that customers can access online anywhere and anytime for real-time, competitively priced travel packages complete with photos, videos and maps of coveted destinations. “As we continue along our upward trajectory, we’re continuously seeking innovative solutions to improve customer experiences,” said Eddie Head, president of WorldVentures Marketing. “This new robust platform further strengthens our market position with dynamic packaging…

Read More

Botswana Fibre Networks (BoFiNet), is set to bring together stakeholders to share information on current projects status for the Fibre-to-the-X and Wholesale Wi-Fi. As part of the stakeholder breakfast seminar slated for 9th March 2015, BoFiNet will also present the value to the business community and discuss solutions offered through these rollouts. Further, the seminar provides attendees with an opportunity to be abreast with Government initiatives aimed at improving ICT in line with the Broadband Strategy. BoFiNet, an organisation wholly owned by the Government of Botswana, has been mandated to manage an important national strategic asset in the high capacity…

Read More

Botswana Insurance Holdings Limited (BIHL) Group gives shareholders the gift of positive returns ahead of its 40th birthday, as the business announces pleasing financial results. The Group’s financial results for the year ended 31 December 2014 see an increase in, most notably, revenue, earnings and embedded value. “2015 marks a significant milestone for the BIHL Group as we celebrate 40 years of contributing to the financial services industry as well as the development of our country. Throughout the years we have been providing innovative insurance and investment solutions to our clients which we are proud of, proven by our successful…

Read More

Debswana Jwaneng Mine, through the Modular Tailings Treatment Plant Project (MTTP), will on Friday 6th March 2015, hand over three upgraded and refurbished Science Laboratories to Seepapitso Senior School in Kanye. The effort will be part of a continuing effort to help schools improve their academic results, the company said. Debswana revealed that the labs, upgraded at just over P1 million, will address shortage of Science facilities at the school, whilst also giving students an opportunity to experiment in the subjects of Biology, Physics and Chemistry classes. Jwaneng Mine, General Manager, Albert Milton, will hand over the facilities at an…

Read More

Outotec said it has completed the acquisition of Kempe Engineering’s aluminum smelter technologies as well as service and spare parts businesses in the Middle East and Africa. The acquisition was announced on January 12, 2015 and the company said the parties have agreed not to disclose the acquisition price. The acquisition of Kempe will strengthen Outotec’s technology and service business in the Middle East and Africa, doubling the installed base and providing new capabilities to expand the service business in the region. Kempe will also bring additional best cost country sourcing and a manufacturing facility in the United Arab Emirates.…

Read More

Rio Tinto said it will begin mining big data at its world-first Analytics Excellence Centre to significantly enhance equipment productivity across its global operations. According to the company, the centre will assess massive volumes of data captured by the array of sensors attached to Rio Tinto’s fixed and mobile equipment and enable experts to predict and prevent engine breakdowns and other downtime events, significantly boosting productivity and safety. Using predictive mathematics, machine learning and advanced modelling, data scientists in the Analytics Excellence Centre in Pune, India will be working to identify a range of problems before they occur. This analysis…

Read More

Tlou Energy said its Selemo 1P (vertical/lateral pod) recommenced longer term production testing on 14 February 2015. According to the company, the objective of the longer term test is to gather reservoir engineering data to model the coal reservoir properties. It is anticipated that this data will lead to an increase in the company’s significant Contingent Resource and the subsequent booking of initial reserves for the Lesedi CBM project. “This data will also be utilised to plan the location of additional flanking wells for the Selemo area.” Mopani 2P (vertical well) also recommenced testing on 15 February 2015 in order…

Read More

Finland has been describes as the world’s most attractive jurisdiction for mining investment according to an annual global survey of mining executives released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. The Fraser Institute Annual Survey of Mining Companies, 2014, rates 122 jurisdictions around the world based on their geologic attractiveness and the extent to which government policies encourage exploration and investment. In addition to being blessed with an abundance of mineral potential, Finland earned high scores for having clear regulatory guidelines, an effective tax regime and a robust labour market. Kenneth Green, Fraser Institute senior director…

Read More

Junior explorer Shumba Coal Limited said it has entered into a binding Sale and Purchase Agreement with Daheng Group Botswana (Pty) Ltd for the acquisition of the Mabesekwa Prospecting Licence (PL428/2009).The licence is located in the north eastern part of Botswana, some 60km south-west of the town of Francistown and 40km west of Tonota/Shashe. The Mabesekwa Prospecting Licence is currently valid and will be up for renewal on the 31st of December 2016.In the period from now till then, Shumba Coal intends to complete mine Preliminary Feasibility Studies and associated Environmental Impact Assessments, spending a minimum of BWP3,200,000 (USD 340,000).The…

Read More