Botswana Diamonds (AIM:BOD), says five senior geologists of its joint venture partner, Alrosa of Russia, have joined the Botswana team on site at its PL117 licence project in the Orapa region. The Alrosa team arrived on site 13 February 2014, joining the Botswana group, who commenced exploration work in January this year. Together they will carry out further soil sampling, geophysical and geochemical work to define exact drill targets, with drilling expected to commence during the second quarter of this year. Alrosa is the largest global diamond producer, with 17 active mines in Siberia and, producing 36.9 million carats in…
Author: Editor
Flood damage is one of those unexpected, yet inevitable natural occurrences. A number of businesses still have not assessed their business risks and evaluated the importance of having the right insurance coverage with a reliable, reputable insurance company. The recent floods experienced in Botswana’s Northern region have, once again, caused significant damage to a variety of businesses resulting in loss of productivity and severe disruption. Francistown experienced heavy rains in February 2014. Numerous houses were flooded, motor vehicles were damaged and a few roads were closed off. One of Botswana Insurance Company Limited’s clients, Cresta Marang Hotel, was affected. Extensive…
The Botswana Communications Regulatory Authority (BOCRA) and Go Corporate Wellness Solutions commenced a weeklong wellness week for BOCRA staff from Monday 17th to 21th February 2013. This, an annual initiative by the Authority with the theme ‘Transforming Your Life Through Wellness’ was held at BOCRA offices and consequently at the Bank of Botswana Grounds. The initiative was held with the aim to encourage and promote healthier lifestyles for the BOCRA team. Said, Chief Executive Officer, of BOCRA, Mr Thari Pheko, “I believe the week allowed everyone to relax and enjoy the personal attention the program was equipped with. The week…
Stanbic Bank Botswana, Corporate and Investment Banking, is proud to reprise its role as Diamond Sponsor of the fourth annual Diacore Gaborone Marathon (DGM). This is the second consecutive year the Bank has participated as a major sponsor in the now infamous sporting event. This year’s marathon event is set to take place on 30th March 2014 at The Grand Palm Resort. Participants can choose from four race options to cater for seasoned runners, sports enthusiasts, friends and families alike. Race options include: a marathon – 42.2km; half-marathon – 21km; 10km, and fun run/walk – 4km. “We are tremendously excited…
The annual TOURISM INDABA remains unquestionably entrenched as Africa’s top travel show and will continue to be the ‘engine room’ of travel trade marketing for the continent. So says South African Tourism Chief Executive Officer, Mr Thulani Nzima. “Given the enormous potential and success of African destinations, and of South Africa in particular, it’s not at all surprising that there’s strong interest in our destination, and that various interest groups and multinational businesses seek to capitalise on the growth of our industry. “At the end of the day, any exposure for our wonderfully diverse continent is of great value to…
Stanbic Bank Botswana parent, Standard Bank, has been ranked Africa’s most valuable bank brand in a prestigious study ranking Africa’s biggest banks, based on brand value in USD. The BrandFinance Banking 500 study is conducted every year by the world’s leading brand valuation consultancy, BrandFinance. The league table of the top banks has been published since 2006 in the Financial Times’ The Banker magazine. BrandFinance calculates the brand value using the ‘royalty relief’ method: determining the royalties a corporation would have to pay to license its brand if it did not own it. Each of the brands in the table…
Delivering on its mission of ‘creating equal opportunities for peoples of the world’, the British Council will be bringing to Botswana 19 UK Universities, Colleges and examination bodies to give Batswana the opportunity to make informed choices about education opportunities in the UK. The public is invited to a two day exhibition at the Gaborone Sun Conference Centre on the 25 and 26 February 2014 from 0900 to 1600 on both days. Admission is free and therewill be limited partially sponsorship opportunities. The mandate of the British Council in Botswana is to promote cultural relations between the UK and Botswana.…
fastjet, Africa’s low-cost airline, has announced that it is increasing capacity on its recently launched Dar es Salaam to Lusaka (Zambia) route in response to strong demand from its customers. From 15 April 2014, a Tuesday rotation will be added to the existing timetable, adding 50% more capacity on this popular route. Tickets for the additional flights will go on sale today. The route, which started operating on 1 February 2014, has already seen very high load factors; the Lusaka to Dar es Salaam leg has been particularly popular with a number of flights having sold-out completely. “We are thrilled…
The management of Anglo American says it is making headway on its strategy that sets the path for the company to deliver sustainable returns to shareholders. In a statement accompanying the recently released results, Mark Cutifani, Chief Executive of the diversified group revealed that they are doing so through a change programme called ‘Driving Value’, which has focused on revitalising the business and laying the foundation for long-term success. “We have set demanding but achievable targets and we are determined to meet them by working efficiently and effectively to drive significantly greater value from our asset base,” said Cutifani. “We…
Higher education promoter, John Smith International, and its local operation, Books Botswana, continue to promote higher education for Batswana through the provision of postgraduate scholarships for young Batswana. “Postgraduate scholarship awards, designed to encourage learning and research are an obvious area where we can invest in the future development of human capital in Botswana. We have been fortunate enough to be able to provide at least one postgraduate scholarship at UB each year,” commented Books Botswana Managing Director, Mr. Andy Free. Tshepang Tshube, currently studying at Michigan State University, received a postgraduate scholarship in August 2007, to support a Master’s…