African Energy Resources says an application for a mining licence for the first 300MW Sese Integrated Power Project has been submitted to the Department of Mines in Botswana. The Botswana Stock Exchange listed company revealed that the mining licence application covers enough coal to fuel a 300MW power station for 35 years and enough land to locate the mine, power station and all necessary infrastructures. “This licence area has been determined to contain enough suitable coal to fuel a 300MW power station for 35 years (25 years plus a 40% margin), along with enough land to the east…
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Despite a challenging global economic environment, import and export trade volumes for DHL Express Sub Saharan Africa remain strong and are forecast to grow. This is according to Charles Brewer, Managing Director for DHL Express Sub-Saharan Africa, who adds, “The first half of 2014, revealed strong continuing growth for DHL Express Sub Saharan Africa’s top three import trade lanes: the United States, France and China while the top three Sub Saharan Africa’s export trade lanes were to Great Britain, the United States and France.” Deutsche Post DHL recently released their second quarter results, which saw the company achieve an increase…
fastjet, the low-cost pan-African airline, is delighted to announce that it is launching flights between Dar es Salaam, Tanzania and Entebbe, Uganda. Entebbe is fastjet’s fourth international destination and the new route will be the only direct air link between the two African capitals. Tickets for the new route go on sale today. Flights are planned to commence on Tuesday, 16 September 2014 and will operate on Tuesdays and Thursdays for the first weeks of September, increasing to four flights a week from the 29 September. Since Air Uganda ceased flying, the fares offered by other carriers for flights in and out of…
Lucara Diamond Corp. said it will hold its third Exceptional Stone Tender for 2014 in October and viewings in Gaborone will be conducted from October 6 to 8; in Antwerp from October 13 to 21 and the tender Close at 16:00 on October 21. The sale features seven Type 2A diamonds of greater than 100 carats, including a 239 carat and a magnificent 204 carat diamond of exceptional color and quality. William Lamb, President and CEO said the Karowe Mine production puts Lucara as an industry leader in the supply of large and exceptional stones. “This sale, our third…
Botswana Insurance Company took part in a sports weekend that was held on the 22nd to 23rd August 2014 at the BIC recreation room and the Botswana National Youth Council grounds. It was a fun filled weekend as insurance companies took time off their busy schedules to get together and compete against each other in a relaxed environment. The intersurance games gave employees time to enjoy themselves by participating in different sporting codes while in the process relieving stress and networking with their competitors in the industry. BIC staff participated in both indoor and outdoor games which included but…
The hunt for the Tourism for Tomorrow winners for 2015 has begun! Our call for entries has been launched with six categories – Community, Destination, Environment, Innovation, People and Sustainable Business. The categories are the same as 2014, except then the last category was called simply ‘Business’. All applications have to be submitted online using our new, easy to use, online application tool. An international team of 18-20 judges, with Fiona Jeffrey as Chair of the Tourism for Tomorrow Awards and Graham Miller, newly appointed Lead Judge, will then select the finalists to be later visited by a sustainable tourism…
fastjet, the low-cost pan-African airline, has incorporated a company in Kenya (fastjet Kenya) as part of its goal to launch a Kenyan base. Further, fastjet Kenya has submitted its Air Service Licence (ASL) application to the Kenyan Civil Aviation Authority (KCAA). To comply with local airline ownership rules in Kenya, 51% of the equity of fastjet Kenya is owned by a Kenyan national. The balance of 49% is ultimately held by fastjet plc. The ASL application process requires all airlines to formally submit a detailed business plan incorporating its proposed operation, network, aircraft specification, operational plan and commercial strategy.…
ZESCO, the Zambian State Electricity utility, has executed a Letter of Intent with African Energy Resources Ltd (African Energy) confirming their interest in progressing discussions and technical studies that may potentially lead to long term power supply agreements. According to African Energy, the next stages of transmission studies are critical in determining the cost and technical parameters for connection into the Botswana and Zambian electricity grids. “Cooperation of the respective grid managers, ZESCO and BPC (the Botswana state electricity utility) is essential for this process and has now been initiated,” stated the energy outfit. “Recent meetings between the…
Pangolin Diamonds Corp. has announced that it has completed two inclined drill holes into the SWS21 intrusive target on its wholly owned Mmadinare Diamond Project in east-central Botswana. In total 400.5 metres were drilled. The company said the drill hole SWS21-001 intersected an intensely altered zone from 45.0 metres to 71.6 metres characterized by phlogopite (a hydrous magnesium-rich alumino-silicate), carbonate and clay minerals (hydrous alumino-silicates). This zone was previously sampled from surface pits and diamond stability-field lower-mantle minerals were recovered (refer to the Pangolin news release September 18, 2013). Drill hole SWS21-002, collared 130 metres to the southeast of drill…
This spring, your things-to-do list should include the inaugural Joburg Shopping Festival, a fabulous world-class experience. The Joburg Shopping Festival is a partnership between Visa and Gauteng Tourism, and takes place at two diverse shopping hubs – Sandton City and the Oriental Plaza – from 25 to 28 September 2014. It is hoped that the festival, which is inspired by the world-famous Dubai Shopping Festival, will catch on and become an annual event. Participating retailers, restaurants and travel and leisure providers will bring you a weekend of great specials and deals, consumer discounts and other promotional offers. ‘One of the…