Joburg Tourism is launching a fun domestic tourism campaign designed to encourage Joburg’s residents to make the city’s visitors feel warmly welcomed. The campaign launched on 22nd February, and coincided with Meetings Africa, SA’s premier annual business tourism platform which showcases Africa’s diverse offering of services and products by African associations and African meetings industry professionals. The Welcome to Jozi – Make a Visitor’s Day! campaign, which launches in 2016, aims to inform and educate Joburgers on how to be great Johannesburg ambassadors, promote the city, enhance the Joburg visitor’s experience and ensure that visitors have great memories of Joburg. It will also…
Author: Editor
Forevermark recently launched in Hungary, Thailand and South Korea and it is now available in more than 1,700 outlets in 38 consumer markets. The company launched in Hungary with R-A Diamonds, a leading distributor and wholesaler for fine diamond jewellery and loose diamonds. R-A Diamonds has selected an initial eight independent retailers to distribute Forevermark diamonds. This move strengthens Forevermark’s position in Europe, where it is present in Turkey and the UK. The brand’s launch in Thailand took place with the opening of an exhibition at Siam Paragon, one of the largest department stores in Bangkok, ahead of Valentine’s…
Kimberley Diamonds Ltd (KDL), the Australian company with assets in Botswana said it has secured funding that would take the Lerala Diamond Mine to production. According to the company, the working capital loan facility is offered by a related party and is therefore subject to KDL shareholder approval. Under the terms of loan facility, KDL and its Botswana subsidiary, Lerala Diamond Mines Limited (Lerala), will enter into sales and marketing agreement and an off-take agreement with DDA Trading BVBA (DDA), a Belgian based diamond auction house which specialises in the sales and marketing of rough diamonds for the international diamond…
The Rapaport has launched a new diamond grading report – the Rapaport Investment Diamond Report (IDR). The new report conservatively grades diamonds based on Gemological Institute of America (GIA) standards. Additional gemological information including tint, location and color of inclusions as well as high resolution images are provided online and with the report. All Rapaport Investment Diamond Reports are double tested, as they include an additional independent GIA diamond grading report. The IDR will only be issued for the best quality Round 0.50 ct. and larger, D-H, IF-VS2, excellent cut, polish and symmetry, Rapaport Specification A1 diamonds that, in…
Visitors to Masa Centre will have no doubt noticed the ongoing renovations at Botswana’s leading luxury hotel. Lansmore Masa Square, now renamed Masa Square Hotel, has for the last few months been undergoing a little nip/tuck, and the results thus far continue to impress many. This comes as part of a long-term strategy to redefine the local hospitality industry. The brand has, since it first opened its doors four years ago, always strived to bring innovation and best quality to ensure Batswana are treated to only the finest in an increasingly evolving hospitality market. This continues to be the case,…
Botswana Insurance Company (BIC) has taken its Corporate Social Responsibility efforts a little further by donating bedding to Cheshire Foundation Botswana (CFB) Mogoditshane Rehabilitation Centre. BIC Managing Director, Johann Claasen handed over the bedding that included sheets, pillows and pillowcases, bath and face towels to the CFB Mogoditshane Rehabilitation Centre while Getrude Lebotse who is the Head of Finance and Administration received the donations on behalf of the Centre. “We are delighted by your donations and we really value every donation we get, because it goes a long way in helping us achieve our goal,” Lebotse said. The bedding will help…
Shumba Energy Ltd, the junior coal explorer and budding energy developer said it has raised additional funding through the exercise of warrants as the company looks to finance energy projects in Botswana. The Botswana Stock Exchange (BSE) listed company said in a filing that following the exercise of 16,791,667 warrants (exercisable at BWP1.06 each) issued in August 2014, there will be an issuance of 16,791,667 Ordinary shares (“Shares”) and a cash injection of BWP17,799,167 (equivalent to USD1,536,028) into the company. Shumba said the issued shares will be listed on the BSE and the Stock Exchange of Mauritius once all regulatory…
As Botswana continues to see declines in diamond receipts on the back of weakening global economy, the country has been urged to diversify away from mining to guard against future volatilities. The industry, where Botswana is a major pipeline player, has lately seen slow movement of diamond stocks throughout the entire pipeline which has negatively affected sales by producers throughout most of 2015. This in turn affects the country’s revenue streams as mining especially diamonds makes the bulk of the exports. Equally, other analysts point out that reduced diamond production and exports have a direct impact on the balance of…
The Diamond Producers Association (DPA) has announced the appointments of Stephen Lussier as Chairman, Jim Pounds as Vice Chairman and Jean-Marc Lieberherr as Chief Executive Officer, all with immediate effect. Stephen is Executive Vice President of Marketing at The De Beers Group of Companies, as well as Chief Executive Officer of its Forevermark brand. Jim is Executive Vice President, Diamonds, at Dominion Diamond Corporation and Jean-Marc is the former Managing Director of Rio Tinto’s diamond business. Stephen, Jim and Jean-Marc will work closely with the other DPA members to develop the organisation’s strategic approach as it focuses on meeting its…
Kimberley Diamonds Ltd (KDL) said it has entered into a contract for the open pit mining operations that are due to commence in March at the Lerala Diamond Mine in Botswana. “The mining contract was awarded to Basil Read Botswana (Pty) Limited (Basil Read) following a two-stage competitive tender process in which eight qualified companies competed for selection into a shortlist of three selected companies, from which BRMB was ultimately selected,” the Australian company said. The contract covers the initial five years of mining at a total value of around $A47 million at current exchange rates and may be extended…