Author: Editor

The Global Enabling Trade Report (GETR) has been released. This report is one of the several Competitiveness reports produced by World Economic Forum in partnership with the Botswana National Productivity Centre (BNPC). The GETR ranks Botswana 88th out of 138 countries. The strong performance of Botswana is on the domestic market access (24th). There is a high mobile broadband subscriptions, suggesting high usage of mobile phones and internet which help in enabling trade. However, there are still indications of low internet usage for business transactions. The country has a fair performance with regard to operating business environment with a ranking…

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De Beers has published an updated Sightholder Directory, which includes the five new Sightholder businesses that will receive supply via an Intention to Offer (ITO) for the remainder of the 2012–2015 Supplier of Choice (SoC) contract period. The company said it congratulated and welcome its newest Sightholders: D. Navinchandra Gems BVBA; Diambel NV; M/S. Vallabhbhai Dhanjibhai & Co., Yaelstar BVBA; and Star Rays. Neil Ventura, Executive Vice President, Auction Sales said they are delighted that five of De Beers’ auction customers have qualified for Sightholder contracts as a result of the demand they demonstrated for products sold at our auctions.…

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SA Fashion Week returns with a bang tomorrow as a myriad of designers showcase their coveted designs on the runways from today to the 8th of April 2014 in Johannesburg. Launched in 1996, SA Fashion Week is South Africa’s longest standing industry event that provides local designers or brands a platform to launch their latest collections to buyers and the media in runway shows. Two seasonal events are held annually in Johannesburg to introduce the Spring/Summer and Autumn/Winter Collections of a given year. April will see up to 28 designers showcase their Spring/Summer 2014 collections. Designers billed to showcase their…

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International designers Craig Jacobs (South Africa), Rubicon by Hangwani Nengovhela (South Africa) and renowned Taibo Bacar (Mozambique) are set to showcase their designs during the Lansmore Fashion Show. This year presented by Peroni Nastro Azzurro (Peroni), the Lansmore Fashion Show comes as part of the highly anticipated return of the Lansmore Wedding Expo, billed for 12th April 2014 and now in its 2nd year. The international heavyweights will feature alongside impressive local talents and labels from Botswana’s growing fashion industry. Local designers include: Lebo Merafhe, Kaone Moremong, Black Trash, iZaura by Mothusi Lesolle, and Thabied by Thabiso Dibeela. Said Lansmore Masa Square…

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NKARANGE – BIHL Trust this month continues to show support for Bana ba Metsi school, building upon the foundation of work begun during the year 2010. The Trust officially handed over the recently constructed library, kitchen and dining hall to the Head of the School, Mr. Sono, and members of the community. The visit saw BIHL Trust representatives including Dr. N.H Fidzani, Chairperson of the BIHL Trust, reaffirm support towards the school and check on the progress and developments made. In 2010, the Trust donated P250,000 towards the construction of a computer lab and a new kitchen and dining hall…

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Monday 31st March 2014 saw the highly anticipated culmination of the St Louis Export Top 40 Under 40 2013 season, a project which commenced in January 2013. The Final 40, whittled down from up to 120 nominees, were announced before guests, receiving their official pins and certificates as a testament to their contribution as catalysts of change within their industries and their communities. Three of the finalists went on to receive the Judge’s Award, an honour bestowed upon them for having made the most outstanding contribution in their respective fields. Game ‘Zeus’ Bantsi, Shanti Lo and Monametsi Kalayamotho received the…

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Barrick Gold Corporation has announced the details of a new executive compensation program that fundamentally aligns compensation practices with the long-term interests of shareholders based on the principle of pay-for-performance. Brett Harvey, Barrick’s Lead Director and Chairman of the Compensation Committee said they  believe the new system features the most shareholder-friendly, long-term compensation program of any Canadian company today, as well as among our peers in the global mining industry. “Put simply, our management team will now be owners, receiving a significant portion of the compensation they earn in the form of common shares that cannot be sold, fully aligning…

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Class ILRP1 redeemable non-participating preference shares Declaration of dividend number 3 Notice is hereby given that preference dividend number 3 has been declared for the period 01 January 2014 to 31 March 2014 amounting to 1220.33405 cents per share payable to holders of the Class ILRP1 redeemable non-participating preference shares as recorded in the books of the company at the close of business on Friday, 25 April 2014. The relevant dates relating to the payment of dividend number 3 are as follows: Last day to trade cum-dividend Wednesday,16 April 2014 Shares commence trading ex-dividend Thursday, 17 April 2014 Record…

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Botswana Diamonds plc (AIM: BOD) today announces financial results for the six months ended 31 December 2013. Operational Highlights: Joint venture with the world’s largest diamond producer, Alrosa, now making progress Orapa Region First phase of work on PL117 completed ahead of schedule Concentrates shipped to Russia for mineralogical identification Samples also taken from PL167 Joint venture budget for 2014 agreed at $1m Discussions ongoing with potential joint venture partners for licences in the Gope region where Botswana Diamonds and Alrosa have identified three targets  More than $300,000 expected to be received following liquidation of Bugeco, in which the Company…

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African Energy Resources (ASX: AFR) wishes to advise that Mr Michael Curnow has tendered his resignation as Non‐Executive Director of the Company, effective today. Mr Curnow was an inaugural Director of African Energy Resources and the Board wishes to acknowledge the valuable contributions he has made over the past seven years. In addition to his Board role, Mr Curnow has been chairman of the Remuneration Committee and Audit Committee. Mr Curnow’s previous experience with operating mines in Botswana and his network of contacts in the southern African region have greatly assisted the Company with progress at the Sese Coal & Power Project from its initial discovery less than four years ago. A duly completed appendix 3Z follows. For any further information, please contact the Company directly on +61 8 6465 5500+61 8 6465 5500. Call Send SMS Add to Skype You’ll need Skype CreditFree via Skype

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