Gem Diamonds Botswana has appointed former legislator Kavis Kario as the General Manager for its Ghaghoo Diamond Mine located in the Central Kalahari Game Reserve (CKGR.). The underground mine is currently under construction. Managing Director of Gem Diamonds Botswana, Haile Mphusu said Kario will be responsible for the day to day operations during the construction period and he will be in charge of production and operations once the mine starts operating in 2014. Kario brings a wealth of experience in mining, having started his career at BCL as a Graduate Trainee, Mine Captain/Superintendent , Mine Planning Engineer, Underground…
Author: Editor
The Travel and Tourism Competitiveness Report for 2013 has been released by the World Economic Forum (WEF) under the theme, Reducing Barriers to Economic Growth and Job Creation. Botswana is ranked 7th in the Sub Saharan Africa region and 94th overall, down three places since the last edition of the Index. Switzerland, Germany, Austria lead the world in terms of their travel and tourism industry competitiveness with Spain, the United Kingdom, the United States, France, Canada, Sweden and Singapore completing the top 10, according to the fifth edition of the Travel and Tourism Competitiveness Report. The Report commends Botswana for…
The Department of Wildlife and National Parks has informed the public that a month long operation named “COBRA” has successfully been concluded. This was an international operation that took place across Africa, Asia and the United States. The operation brought together all the law enforcement institutions in the country as well as other stakeholders such as the Botswana Defence Force (BDF), Botswana Police, Veterinary Services, Immigration and Civil Aviation who deployed about 439 officers in total. According to a statement from department of wildlife, this intelligence led operation was able to penetrate criminal syndicates operation in Botswana leading to numerous…
Samsung Electronics received the 2013 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) for continued leadership in protecting the environment through various activities all focused on providing products with superior energy efficiency. Some of the reasons Samsung was selected from nearly 20,000 organisations in the U.S. participating in the ENERGY STAR program for this honour are that it was offering 1,435 ENERGY STAR-qualified models across multiple product categories, four of which received the Eco-Design and Sustainability Award from the Consumer Electronics Association earlier this year. In 2012, Samsung had more ENERGY…
Samsung Electronics Africa have cemented a partnership agreement with one of Africa’s largest IT distributors – MITSUMI – where the company will be an official distributor for all Samsung IT products, across sub-Saharan Africa. Says Thierry Boulanger, Director for IT Solutions and B2B at Samsung Electronics Africa: “This partnership agreement is a first of its kind for us and certainly speaks to our continued investment in, and commitment to our African customers. This agreement not only enables us to expend our logistical footprint, but leverage on an established African distributor and support network.” Through this partnership agreement, MITSUMI will deliver…
IAMGOLD Corporation has announced that to reinforce an already strong financial position and improve its return on capital, the Company has initiated a program to reduce annualized spending by $100 million. This will be achieved through cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and mine site and corporate general and administrative costs. The Company ended 2012 with over $1 billion in cash and gold bullion. “We have a long track record of generating attractive returns on capital employed,” said President and CEO, Steve Letwin. “The need for a robust return on capital is not a new…
Stanbic Bank Botswana, Corporate and Investment Banking this month celebrates its inaugural Diamond Sponsorship of the third annual Steinmetz Gaborone Marathon (SGM). The 2013 Steinmetz Gaborone Marathon takes place on May 5th 2013. The event is an international qualifier for major races and Botswana’s largest running-for-charity event. This year, the event takes place at The Grand Palm Resort, offering four races: A Marathon – 42.2km, Half-marathon – 21km, 10km, and fun run/walk – 4km. “We are tremendously excited to be partnering with the Steinmetz Gaborone Marathon. As a Corporate and Investment Bank, we are closely aligned to the diamond…
Samsung Electronics Co, Ltd., a global leader in digital media and digital convergence technologies, has announced that it has won recognition from the GSM Association for the second year running in both the category of Device Manufacturer of the Year and Best Smartphone in the Global Mobile Awards, that were held at Mobile World Congress on Tuesday, 26 February 2013. Samsung was acclaimed by judges as the Device Manufacturer of the Year. After achieving number one status in the total mobile phone market as well as in the smartphone market last year, the award recognised Samsung’s continued innovation and industry…
The World Travel & Tourism Council (WTTC) is holding its regional Asia Summit in Korea in September, in recognition of the recent acceleration of Travel & Tourism in the region and the industry’s positive impact on global GDP and employment. The WTTC Asia Summit will take place in Seoul from 10th-11th September. The public sector and leading private sector organisations in Korea are hosting the Summit, which will bring Travel & Tourism leaders together from around the world to engage in lively debate around current issues and future trends. Speakers will include CEOs from regional and global hotel companies,…
The Travel & Tourism industry has outperformed the global economy in 2012 – growing faster than manufacturing, retail, financial services and communications. The industry has grown its total contribution to GDP by 3% and increased the number of jobs by five million to 260 million. It means that, for the first time, one in 11 of all jobs in the world are now supported by Travel & Tourism. More than 10% of all new jobs created in 2012 were from the industry. According to the World Travel & Tourism Council’s (WTTC) economic research, in 2012, Travel & Tourism’s total economic…