With the vision of servicing the entire region and Africa, BotswanaPost has announced the introduction of first inter-postal transfer corridor with neighbouring Zimbabwe. The service will be offered through Universal Postal Union (UPU) managed by International Financial System (IFS) and went live on 27 of August 2014. The introduction of the cross border transaction will result in BotswanaPost and ZimPost customers being able to send and receive money in real time between Botswana and Zimbabwe. The IFS is a robust standalone application, that customers automate the processing and management of international and domestic (within Botswana) money orders. Presently, BotswanaPost uses…
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Botswana has been warned there are possibilities of the death of the export sector as the contribution of mining to GDP has shrunk over the years with the economy now dominated by the services industry. Managing Director of Econsult Botswana, Dr Keith Jefferissaid at a two-day conference in Gaborone exports have not been diversified enough, which has become the biggest dilemma for the country known for being the home best diamond mines. “Mining has shrunk and we have the economy dominated by services industry. Mining no longer drives growth,” he said at the conference under theme “Are Diamonds there forever?…
Johannesburg and Cape Town will this year both play host to the E-Tourism Africa Summit.The 7th Summit will take place at the Cape Town International Convention Centre from 4-5 September 2014 and at the Museum of African Design in Maboneng, Johannesburg from 8-9 September 2014. The world’s leading online tourism and travel forum, the platform will see experts gather to share the latest tools and trends in the online travel arena. In addition, the Summit will explore how members of the travel and tourism sector can best leverage off social media to grow their businesses. According to Damian Cook, CEO…
Sub-Saharan Africa is emerging as one of the most exciting new markets for renewable energy technologies such as onshore wind, small-scale and utility-scale solar and geothermal power, according to research company Bloomberg New Energy Finance. Its latest analysis suggests that 1.8GW of renewable power capacity (excluding large hydro-electric projects) will be commissioned in the region in 2014. That is still small by world standards, but it is more than the amount that came online in the entire 2000-13 period. The advance of renewable energy in Africa reflects a combination of growing local need for power, and awareness that the cost…
Galane Gold Ltd, the un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana said it has entered into a secured US$5m loan facility and gold prepayment agreement with Samsung C&T U.K. Limited. Pursuant to the agreement, Samsung has agreed, subject to certain conditions, to provide a US$5m loan facility to Galane Gold in return for the sale and delivery by the company’s Botswana operating subsidiary, Mupane Gold Mining (Pty) Ltd., of a minimum of 1,607 ounces of gold per month for a period of two years (38,568 ounces in aggregate) payable by Samsung at a fixed…
Monday nights have fast established themselves as Espretto Quiz Nights. Lansmore Masa Square’s weekly quiz sensation continues to draw those eager to take home the title of ‘Quiz Night Champions’. Hosted by the ever-popular Simba Mudereri, the coffee shop quiz nights offer teams the chance to go head-to-head with their general knowledge in an environment of healthy competition. The weekly battle of the minds sees a typical 6 round structure. Teams work to best each other in rounds such as: General Knowledge, The Cocktail Round, Name That Face, The Food Test, Logo Round, Sports Round, The Movie Round, and arguably…
Sky Blue Dance Hub has been selected to perform at the Stepping Stones, Dance Umbrella as part of the Johannesburg Arts Alive International Festival on 31 August 2014. The programme kicks off the 26th anniversary celebrations of the Dance Umbrella, an annual collaboration of South African and international contemporary dance works. Following the premiere of KENEILWE – A Dance for the Given at the Maitisong Festival 2014, Sky Blue Dance Hub has performed the production in Harare, Zimbabwe to an astonishing response. Their first performance in South Africa at Stepping Stones is on a platform that presents dance works from…
Kimberley Diamonds Ltd said it will be offering approximately 750 carats of its high quality Fancy Yellow diamonds for sale in auction by eDiamond in September. Fancy Yellows produced by Ellendale represent approximately 50% of the world’s supply. The company said the collection will be presented to eDiamond office in Antwerp, Belgium from 28 August 2014 to 9 September 2014, with the auction taking place on 10 September 2014 and will also include around 26,500 carats of commercial production from the Ellendale Mine in Australia. Kimberley Diamonds Ltd owns the Lerala Diamond Mine in Botswana and is the owner and operator…
The South African cabinet has approved the appointment of current Department of Public Enterprises Director-General, Tshediso Matona, as the Chief Executive of Eskom at its meeting held in Cape Town. Matona brings with him a wealth of experience and is conversant with the challenges facing the State-Owned Company. He formally succeeds Brian Dames who resigned with effect from 31 March 2014. Collin Majila has been Acting Chief Executive since 1 April 2014. Matona has been closely involved in providing oversight to Eskom and the other State-Owned Companies in the Department’s portfolio for the past 3 years. Prior to that, Matona…
Botswana Insurance Company (BIC) sponsored the Cancer Association of Botswana’s Teal Month Campaign running under the theme “Silencing the silent killer” which was held on Tuesday 19 August 2014 at Oasis Motel in Tlokweng. Cancer Association of Botswana (CAB) Executive Director, Sharon Munyero highlighted that the objective behind Teal Month is to raise cervical cancer awareness and since the general colour for cervical cancer is teal, they decided to call the campaign “Teal Month”. She stated that CAB wholly dedicated the month of August to raise awareness and promote prevention and early detection. As part of its Corporate Social…