Author: Editor

Renowned Global Master Chef, Karl J. Guggenmos, took to the Lansmore Masa Square  kitchen this morning, Wednesday 11th June 2014, to bake up a storm with Executive Chef, Rico Carlinsky. Guggenmos is in Botswana for the week as part of a delegation for CloudSeed. The two chefs put their talents to the test in demonstrating the ultimate recipe and technique before eager bakers-in-the-making. On the agenda were three varieties of breads, each the personal recipe of the Global Master Chef. Within just an hour, the two made a divine selection of Cuban Bread, Hazelnut Bread coated in Chocolate Glaze, and…

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MICROmega Holdings’ wholly owned subsidiary, Sebata Municipal Solutions, has been accredited as a training provider for the qualification – Certificate: Municipal Financial Management – by the Local Government Sector Education and Training Authority (LG SETA). This qualification has been given a NQF level six by the South African Qualifications Authority (SAQA), comprising 21 unit standards and once completed is equivalent to achieving a three year diploma in Municipal Financial Management. “Sebata provides integrated technology solutions, enterprise management systems and multidisciplinary professional services to municipalities, public utilities, provincial government and the private sector. This certification ensures that we are well disposed…

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Lucara Diamond has announced the appointment of Marie Inkster to the company’s Board of Directors. According to the company, Inkster is an experienced mining executive. She is the Chief Financial Officer of Lundin Mining Corporation and has held positions of increasing responsibility in a number of publicly traded companies including LionOre Mining International Ltd, where she served as Vice President and Controller. Inkster is a CPA, CA and spent 5 years in public accounting with Deloitte Canada. “We are very pleased to welcome Marie Inkster to the Board. She brings strong executive and financial expertise to the Board,” Lukas Lundin,…

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RMB Botswana, a division of FNB Botswana Limited and FirstRand Bank Limited, has partnered with Capital Resources to sponsor and participate at the 2014 Botswana Resource Sector Conference to be held at the Gaborone International Conference Centre (GICC) from 10-11 June 2014. The 2014 Botswana Resource Sector Conference is a platform for Botswana’s resource companies to enquire about and explore investment opportunities from participating global institutions. RMB, as a leading African corporate and investment bank and part of one of the largest financial services in Africa, will offer innovative advisory, capital markets, financing and principal investing solutions during the…

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Paragon Diamonds recently announced that it had conditionally increased its interest in its Lesotho subsidiary, Meso Diamonds (Pty) Ltd, from 85 per cent. to 100 per cent. by acquiring the 15 per cent. interest held by its local partner, Martin Matekane of Matekane Mining. Meso Diamonds was recently granted Mining Lease 009/2013 over the Lemphane Kimberlite Project in the Kingdom of Lesotho.  Its net assets at 31 December 2013 were £15.7m, principally capitalised exploration costs, and in the year ended 31 December 2013 it made a profit of nil (having capitalised all exploration costs). The consideration for the 15…

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Dubai-based Altaaqa Global CAT Rental Power, a global provider of temporary power solutions, has recently opened a new branch in Johannesburg that will cater to several countries in Southern Africa, including the Republic of South Africa, Angola, Botswana, Mozambique, Madagascar, Malawi, Namibia, Zambia and Zimbabwe. Altaaqa Global will bring its expertise, innovative technologies, industry-proven reliability and rapid deployment to the region, which is largely known for its thriving oil and gas, industrial manufacturing, and mineral and coal mining industries. Peter den Boogert, General Manager of Altaaqa Global, said that we would provide Southern Africa with the most advanced power plant…

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Sundance Resources Limited (ASX: SDL) is pleased to announce leading international engineering and construction company Mota-Engil Africa has been appointed as the Engineering, Procurement and Construction (EPC) contractor to build the port and rail infrastructure for the Mbalam-Nabeba Iron Ore Project  in Central Africa. Sundance has also appointed Standard Bank, Africa’s largest bank by assets and earnings, to advise on funding and be the lead debt arranger for the Project rail, port and mines in the Republics of Cameroon and Congo-Brazzaville. Mota-Engil Africa’s role includes detailed design, construction, testing and commissioning of: – the 510 km railway from the Mbarga…

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The Permanent Secretary in the Ministry of Defence, Justice and Security, Segakweng Tsiane says Cyber-crime and Cyber Security Workshop serves as a suitable platform to exchange views and learning from best practices, policies and techniques for investigations, collection and analysis of evidence of cyber crime, especially for purposes of criminal proceedings. While giving opening remarks at the Cyber-crime and Cyber Security Workshop at Lansmore Conference Centre in Gaborone Tsiane said the workshop was meant to advance regional cooperation and sector reform in Cyber Security, saying it presents a good opportunity with regard to Cyber Security partnership between their respective Governments.…

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Shumba Coal says it has concluded power station design and selection studies which were accompanied by preliminary financial modelling. Clean Coal Technologies have been used in the design to ensure that World Bank emission standards are met by the Power Station. These studies are a follow on from the power transmission scoping study into transmission solutions describing options available to export power from the Sechaba Energy Project (“SEP”), to be sited on Shumba Coal’s Sechaba thermal coal resource, into the region, which was concluded earlier in the year. The company said it is the process of developing a 300MW coal…

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Paragon Diamonds Limited has released positive results of an independent size frequency and revenue modelling report based on 300 carats of diamonds recovered during the 2012/3 bulk sampling programme at its Lemphane Kimberlite Pipe Project in Lesotho.  These results support enhanced economics of the project ahead of the commencement of Stage 1 Production in the near to mid-term. According to the company, a +100 carat diamond expected per million tonnes was processed with the anticipated diamond values projected between US$930/carat and US$1,025/carat, to be verified during Stage 1 production. Paragon said a size frequency indicates 12% of carats as diamonds…

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