As part of the BIHL Trust’s unwavering dedication towards supporting the growth and education of Batswana, the Trust has once again opened for applications for the Thomas Tlou Scholarship programme. Applications are already open to the public, with a closing date of June 30th 2014. Said BIHL Trust Administrator, Tebogo Keepetsoe, “Professor Thomas Tlou was a renowned historian and educationalist, having left an incredible legacy amongst Batswana. The BIHL Trust actively supports the heritage of Botswana and as such, recognised the significant role that the eminent historian Professor Thomas Tlou played and continues to play in our lives through his…
Author: Editor
FMRE Property and Casualty recently conducted an agriculture training in Abidjan, Cote d’Ivoire. The training touched on various aspects of agriculture insurance such as crop insurance, drought, livestock, aquaculture and forestry. The company was invited by the re-insurance company Aveni -re, the first re-insurance private company in the French speaking countries in West and Central Africa. The company was invited on the basis of its skills set and wide experience in the Southern and East African regions. Participants of the training workshop were drawn from several countries, among them Senegal, Sudan, Tunisia, Liberia, Cameroon, Nigeria, Sierra Leone and Ghana. In addition to…
The board of Botswana Diamonds plc says it will receive in the coming days approximately $340,000 from the liquidation of its interest in Bugeco, a private Belgian company which held an interest in an exploration concession in the Democratic Republic of Congo (DRC). The funds will be used in the exploration programme in the Orapa area of Botswana conducted in joint venture with our partner Alrosa, the Russian diamond company.
Tanzania President Jakaya Kikwete opened the 14th Annual General Meeting of the African Trade Insurance Agency (ATI) in Dar es Salaam and in his address to the African Ministers in attendance, international participants and the local business community he noted that ATI had played a significant role in re-shaping the world’s risk perception of Africa. Through its growing international reputation for partnering with global insurers to cover major African risks, ATI has helped the continent attract a record level of capital flows in 2013 estimated at 5.3% of the regional Gross Domestic Product. “This progress further underscores the important objective…
The British American Tobacco (BAT) Botswana has called on Government’s across Southern Africa to carefully consider the unintended consequences of increased taxes on tobacco products with the intention of reducing tobacco consumption. The company said does not believe that an increase in taxes on tobacco products will result in decreased consumption, instead, smokers may continue to look for cheaper, often illicit products. “What’s more is that the call for increased taxation on tobacco products is being made from within a context of already high tobacco taxes across Southern Africa, and an economic environment in which the disposable income of consumer’s…
BCL, the copper/nickel miner based in Selebi Phikwe has reported a fatality and injury at one of its shafts. The company said the unfortunate incident occurred at Selebi Shaft, on May 27th, 2014 at around 11H20 where a Workman, was injured and confirmed dead upon arrival at the BCL Mine Hospital. “His colleague at this work place (1000meter level), Mr. Willie Boshomane, a Machine-Man, was injured and is at a medical facility in Gaborone receiving medical attention. Our follow-ups this morning have revealed that he is in a stable condition,” said the company. BCL added that the name of the…
The Ministry of Environment, Wildlife and Tourism will be hosting a workshop organised by the United Nations Office on Drugs and Crime entitled “Taking the proceeds from wildlife and timber trafficking – Asian and African experiences” in Gaborone on the 3rd – 5th June 2014 Phakalane Golf Resort at 0830hrs. According to the ministry, concern has been raised on the upsurge in poaching and trafficking of wildlife and forestry products. It is estimated that the value of wildlife trafficking alone is between US $10 to 20 billion. Timber related crime, commonly referred to as illegal logging, is spreading at an…
Discovery Metals Limited (ASX/BSE: DML) said it has successfully completed a placement with Transamine Trading S.A. (Transamine), in the process raising AUD$2.8 million. The company issued 84,005,163 fully paid ordinary shares at the price of AUD$0.03451 cents per share (Placement Price). The Placement Price was calculated according to the 5-day volume weighted average price for the company up to and including 27 May 2014, which is an 8% premium to the closing share price on 28 May 2014. Prior to the Placement, Transamine held 6.4% in the company and was the second largest shareholder. Transamine will now hold an 18.6%…
For a company that is still in its infancy and working hard to find its footing in the fiercely contested ‘beauty pageant’ for foreign direct investment (FDI), Botswana Innovation Hub put together a compelling bid for the 2014 International Association of Science Parks and Areas of Innovation (IASP) Africa Division Conference and went on to successfully host the event. Appropriately themed, ‘Science and Technology Park’s expanding economic frontiers in Africa.’ The Director General of IASP Luis Sanz applauded the company for hosting a conference that achieved its primary goal of highlighting the role of science and technology parks as, “complex…
Jazz giants from across the globe – including four-time Grammy Award winner Dianne Reeves; National Endowment for the Arts Jazz Master trombonist Delfeayo Marsalis and South African musical legends Sibongile Khumalo and Jonas Gwangwa – are part of the line-up for this year’s star-studded Standard Bank Joy of Jazz. The new-look 2014 Standard Bank Joy of Jazz will take place at the Sandton Convention Centre from September 25 to 27. Other Grammy Award winners at Africa’s premiere jazz festival include British R&B legend Billy Ocean; this year’s Best Jazz Vocal recipient Gregory Porter and trumpeter Roy Hargrove. Other…