Stanbic Bank has donated P250, 000 towards the support of Local Enterprise Authority (LEA) for the Horticultural Incubation program. LEA said it has assisted horticulturists to sow the seeds of their dreams through these incubators and Stanbic bank is giving them the opportunity to take their dreams a step further by applauding all the hard work that has gone into ensuring the success of this horticultural incubator. “This Incubation program is growing in leaps and bounds as efforts to provide the incubator clients with an enabling environment, infrastructure and technology support which will allow them to become successful Horticulture Entrepreneurs…
Author: Editor
People in Botswana know our corporate motto, that is, ‘Tati Nickel Cares’. The slogan is indeed universal and applies to the company’s activities in all spheres. In production, we care about our employees’ health and safety which are under the custody of our SHE Department. In mining, we make sure that even the lowest grade ore is produced and processed. After all, this national treasure is a prerequisite to the wellbeing of Botswana and its people. We also endeavor to have this done with the least environmental impact and also taking care of the unique flora and fauna of the…
Norilsk Nickel says it has seconded seven experts from its R&D subsidiary Gipronickel (www.nickel.spb.ru) to Phoenix mine in order to help TNMC implement its ABC strategy aimed at avoiding the company’s care and maintenance. The said strategy envisages an increase of production by 5 per cent, a 10 per cent cost reduction and optimisation of concentrate sales arrangement. More detailed information on the ABC Strategy is available on TNMC’s web site. Established in 1934, Gipronickel specialises in R&D, design and engineering, project management in mining, concentrating, and metallurgy; standards development for non-ferrous products, testing methodology and certified reference specimens. Nowadays…
Singapore Airlines has signed a memorandum of co-operation (MoC) with Changi Airport Group and South African Tourism to promote travel to South Africa. Under the agreement, the three parties will explore and implement activities jointly to promote tourist traffic to South Africa through Singapore Airlines’ services to Cape Town and Johannesburg via Singapore’s Changi Airport. The parties have agreed to invest more than S$1 million in cash and in-kind collectively over the next one year to support advertising and promotional campaigns, as well as familiarisation programmes for trade and media representatives. “South Africa is an important market to us and…
Continental Coal Limited has lodged a prospectus with the Australian Securities and Investments Commission (ASIC) in relation to the offer of 76,278,740 free new options exercisable at $0.50 each expiring at 5.00pm (WST) on 30 June 2015 (New Options). “This follows the previous announcement of the proposed offer of the New Options made on 4 February 2013 and the receipt of shareholder approval for the issue of the New Options at a general meeting on 28 March 2013 (GM),” Continental said. The company noted that as set out in the previous announcement and the notice of the GM, the New…
Boseto Zone Discovery Metals, the ASX/BSE listed copper exploration and production company has announced the renewal of four of its PLs for a further two years in the Boseto Zone , north-west Botswana, which were originally granted in October 2005. As part of the extension process, the company said it relinquished some areas that were not considered prospective. All areas applied for were granted. The renewed PLs contain the Mineral Resources for Selene, Zeta NE, NE Mango 1, NE Mango 2 and Ophion. They also include the prospective Helios and SW Mango areas and other areas with known copper mineralisation…
Bank of Botswana has again warned consumers of the existence of counterfeit P200 banknotes in circulation. The bank noted that the counterfeits are scan copies of genuine P200 banknote bearing serial numbers AA9166255 and AB3028592. “Both the holographic stripe and the windowed security thread appear as dark patches on the front and back of the counterfeits. Furthermore, the counterfeits are made of ordinary commercial paper, and therefore, have a smooth surface when compared to genuine banknotes,” said the bank. “Genuine banknote paper has a rough feel and does not have a smooth surface. Furthermore, a genuine P200 has a holographic…
Sechaba Brewery Limited, the listed holding company to Kgalagadi Breweries Limited says it remains positive about the future despite a host of challenges including Botswana government’s continued adjustment of alcohol tax or alcohol levy. The company has also defied tough trading environment to release solid results. The group Managing Director for KBL/ BBL, Johan De Kok said at the presentation of the company’s results for full year ended 31, March, 2013 that there are still impediments as the opaque division is struggling to find land to relocate displaced traditional beer dealers. “Looking ahead, the trading environment for alcohol related is…
Kenya Airways has announced an expansion of its regional network due to increasingly high demand. This comes after the introduction of the night flights and the new routes. Kenya Airways launched the two night flights in April due to increased demand from customers. Providing seamless connections for customers travelling to Botswana was a priority so as to reduce long transit times. “The introduction of the night flights to Gaborone comes as the airline aims to meet the rising demand for travel between the two cities. This also allows Kenya Airways customers take advantage of the Airlines growing route network via…
MMC Norilsk Nickel said as support of the Ministry of Natural resources of the Russian Federation, it joined and partook in the all-Russia initiative Zero Negative Environmental Impact, which is being conducted in the year of environmental protection. The company with operation across the world, including Botswana, said despite the fact that major production stages in mining and metallurgy run in continuous process, the company found an opportunity to lower atmosphere emissions during the initiative. “A number of workshops and plants face suspension from 9AM until 11AM across Polar Division, Norilsk, Kola MMC and Murmansk production sites. Various environmental events…