In an effort to establish a long-term commitment to the fight against breast cancer, Botswana’s leading life insurer, Botswana Life Insurance Limited, has taken its partnership with the Journey of Hope Botswana into the second year running. Earlier this year, the life insurer committed P30, 000 to the just-completed Big Ride, an annual countrywide awareness and testing campaign by Journey of Hope. The funding went towards sponsoring a bike and a rider, thereby increasing the number of volunteers that the organization could take on the campaign, which started in Kasane and ended in Gaborone. In 2012, Botswana Life donated medical…
Author: Editor
For the 8th year running, Botswana Investment Trade Centre (BITC) will be hosting the Global Expo Botswana from the 20th to 23rd November 2013 at Fairground Holdings. In order to increase brand awareness, the 2013 Global Expo Botswana has embarked on a road show that saw Global Expo Botswana leaving a footprint in Selebi Phikwe on Thursday 10th October 2013 and Francistown on Friday 11th October 2013. Global Expo Botswana is the country’s premier international business to business exhibition which is multi-sectoral in focus. The Expo is endorsed by the Government of the Republic of Botswana through the Ministry of…
De Beers Group of Companies says the construction of a new underground mine beneath its open pit Venetia Mine in Limpopo Province, South Africa has commenced. The US$2 billion (R20 billion) investment will extend the life of Venetia beyond 2040 and replace the open pit as South Africa’s largest diamond mine. With underground production expected to commence in 2021, over its life, the Mine will treat approximately 130 million tonnes of ore, containing an estimated 96 million carats. The Mine will also support over 8,000 jobs directly, and a further 5,000 through the supply chain – benefitting the South African…
The Competition Authority, in conjunction with the African Competition Forum (ACF) is hosting a major two-day Research Project Workshop at the Phakalane Golf Estate Hotel. The workshop starts on Wednesday (October 22). “The aim of this ground-breaking research conference is to consolidate data on three key cross-border market studies that are currently being undertaken in the three industry areas of cement, poultry and sugar,” said Competition Authority spokesperson, Gideon Nkala. These studies are undertaken in Botswana, Namibia, Kenya, South Africa, Tanzania and Zambia. While the rest of the countries did all the three studies Botswana and Namibia are doing two…
African Copper Plc, the AIM and Botswana listed copper production and exploration company, has announced a production update for its Mowana and Thakadu Mines for the first six months to 30 September 2013 of its financial year. The company said despite the production issues experienced in the second quarter, ore processed in the first half decreased by only c. 12% to 373,274Mt compared to last year’s first half while copper produced in concentrate increased by c. 10% to 4,937 Mt. It also pointed out that poor mining contractor performance at Thakadu resulted in decreased sulphide ore supply to the process…
Survival International, the NGO fighting for the indigenous people’s rights around the world, says its lobby to have global tour operators boycott Botswana tourism is bearing fruit as two travel companies have suspended tours while others are worried over the treatment of Basarwa. In a press release, the organisation pointed out that the move is a blow to the Botswana government, which has attempted to whitewash its image after it was condemned by several international bodies over its persecution of the last hunting ‘Bushmen’. “Only weeks after Survival International called for a boycott of Botswana tourism, two travel companies have…
Debswana says the Orapa, Letlhakane and Damtshaa Mines’ Orapa No.1 Plant is to go back into production after a three month maintenance shutdown. The plant, which is the company’s oldest, was put on temporary shutdown from July 1st, 2013 in order to undertake key refurbishments both safely and promptly; following a review of the plant’s general and structural condition, which highlighted the need to undertake key and intensive maintenance in specific areas of the plant. “The areas were broadly the Screening building, Tertiary Crushing building and the Dense Medium Separation building.” “The work has now been completed without any incident,…
Magnum Gas & Power Limited has provided an update on the NEB 352-1-005 (W005) borehole, which is part of its exploration program with the laboratory testing of the gas samples taken from the core samples showing that the gas composition is dominated by methane (95%+). The company has then informed the Botswana Ministry of Mines, Energy and Water Resources that a discovery of Coal Bed Methane has been made on the company prospecting licenses. “This result is very important to Magnum as it is a ‘significant step towards the company’s goal of certifying gas reserves within the Karoo Basin,” said…
Perth-based African focused coal and base metals explorer Walkabout Resources Ltd says it has signed a memorandum of agreement with Coalswana (Pty) Ltd (CSW), a technology company, to complete an integrated Pre-Feasibility and Bankable Feasibility study at Walkabout’s Takatokwane Coal Project in Botswana. Under the MoA, CSW undertakes to fund the integrated studies and Mining Licence Application and in return for funding obligations by CSW, Walkabout will issue to CSW a 5-year Convertible Note. Walkabout has Botswana’s largest coal asset and previously announced a 6.8 billion tonne JORC Inferred Resource and a 748 million tonne Indicated Resource of good quality…
The European Commissioner for Climate Action, Connie Hedegaard, will be attending the 5th special session of the African Ministerial Conference on the Environment scheduled for 15-18 October 2013 in Gaborone, Botswana. The Commissioner will have a roundtable breakfast meeting on Friday, 18 October 2013 with Ministers of Environment and heads of delegations who will be attending the conference. The objective of the roundtable meeting is to provide an opportunity for the Commissioner and the African countries to share information on climate change challenges and opportunities and learn how various countries are working to address these important issues. The Commissioner will…