Water Utilities Corporation (WUC) says the North South Carrier Scheme (NSCI) pipeline shutdown has been postponed and would now be done over three days, starting from 31st of October 2015 to the 2nd of November 2015. The corporation said recovery will take at least three more days, with supply expected as from the 6th of November 2015. Different areas will recover at different times. “The shutdown will affect ALL areas in the Greater Gaborone,” WUC advised adding that it regrets any inconvenience that may be caused. The Greater Gaborone area’s average demand surpasses supply by 32.9 million litres a day.…
Author: Editor
The De Beers Group of Companies said its Auction Sales business intends to conduct viewings of auction lots at the Special Notified Zone (SNZ) in Mumbai, India, in November 2015 ahead of its December 2015 auction events. Under the current schedule, the full range of products to be offered for sale at the December auction will be available for inspection at the SNZ in the Bharat Diamond Bourse from 27th November. Neil Ventura, Executive Vice President of Auction Sales, said the opening of the SNZ in Mumbai is a positive development for the Indian industry and the team looks forward…
The Diamond Producers Association (DPA) has announced the appointments of Jean-Marc Lieberherr as Chairman and Stephen Lussier as Vice-chair, both with immediate effect. The DPA has also announced the appointment of Sally Morrison as Managing Director of Marketing, with effect from 19 October 2015. Jean-Marc is Managing Director of Rio Tinto’s diamond business, while Stephen is Chief Executive Officer of De Beers Group’s Forevermark brand. Sally will join the DPA from the World Gold Council where she most recently served as Managing Director of Jewellery and Marketing. She will be based in New York and will be responsible for all…
South Africa’s power utility Eskom says it fully supports the Department of Energy’s Renewable Energy Independent Power Producer Procurement Programme (RE-IPPP) and acknowledges that IPPs must play a role in the South African electricity market, and remain committed to facilitating the entry of IPPs to strengthen the system adequacy and meet the growing electricity demand. Total capacity of 5 701MW has been contracted with independent power producers (IPPs) as at 31 March 2015, of which 3 887MW relates to contracts under Department of Energy’s RE-IPPP. On 31 March 2015, which is the financial year-end of Eskom, a total of 1…
The renewable energy market in West Africa is coming of age and with the right framework, large and small scale projects are doable. This is according to Dr Afolabi Otitoju, renewable energy expert and consultant for the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE). During the “Clean Power Master Class” at the upcoming West African Power Industry Convention (WAPIC) in Lagos next month, Dr Otitoju will moderate a session on “Accessing Finance for Renewable Power Projects.” During the 12th edition of this long running, regional conference and expo, WAPIC will once again gather government, utilities, consultants and…
President Ian Khama has implored the ministry responsible for aviation to market the sector so that airports like Sir Seretse Khama International Airport (SSKIA) are utilised. “With the commissioning of this airport, I urge the Ministry of Transport and Communications to continue to market our aviation industry so that we can attract more major players to utilise our airports through inter alia, the signing of Bilateral Air Service Agreements (BASAs),” Khama said when commissioning the Gaborone based airport. “I am made to understand that we have so far concluded 28 BASAs.” The SSKIA which was supposed to have been completed…
As cycling enthusiasts count down the days to the now infamous annual cycling competition, the MCM GM’s Annual Charity Cycle Challenge, Stanbic Bank has joined the Morupule Cycling Club in celebrating continued collaboration towards moving forward. The MCM GM’s Annual Charity Cycle Challenge 2015 will take place on the 25th of October 2015. Speaking at a press engagement this afternoon, Stanbic Bank Chief Executive, Leina Gabaraane, confirmed that the Bank will sponsor the event for the 4th consecutive year, with a sponsorship valued at P200,000.00. This comes as continued effort towards sustainable community support and a drive to encourage…
Lucara Diamond said approval has been received from the Botswana Department of Environmental Affairs (DEA) for the extraction of samples from the BK02 kimberlite. The company was awarded two high-potential exploration licences in 2014. These licences host at least three known diamondiferous kimberlites, BK02, AK11 and AK12. Up to now, a bulk sample plant has been constructed and commissioned and it is expected that exploration sample processing will commence during November 2015 with initial results being achieved before the end of the year. “Contracts for the extraction and transport of the 5,000 tonne sample are in place and it is…
Botswana Insurance Company Limited hosted a six (6) weeks fitness boot camp for its brokers and some staff members as an initiative to build and strengthen relationships between the organisation and its respective brokers as well as promoting a healthy active lifestyle. The boot camp challenge was led by Boago Lentshaletse of SRL Health and Fitness Centre whose mission was to provide an entertaining, educational, friendly and safe physical training program which empowers clients to achieve their fitness goals. The six week training programme which commenced on the 17th August and ended on the 26th September 2015 included…
Firestone Diamonds plc, the AIM-quoted diamond development company, has agreed, via an amendment letter to amend certain conditions of the conditional sale agreement (CSA), entered into by the company, in respect of the disposal of the company’s Botswana operations to Tango Mining Limited, for a total consideration of US$8.0 million, as announced on 9 July 2015. The turn of events follows an announcement of 2 October 2015, stating that Tango Mining had informed the company that it had not been able to pay US$0.3 million into escrow as a deposit by 30 September 2015, as stipulated in the CSA. Now Firestone…