Gaborone Guarantees Loan for DiamonEx

Botswana: state offloads Anglo American shares.(Business Briefs ...

Botswana: state offloads Anglo American shares.(Business Briefs ...
African Express
State offloads Anglo American shares.(01-MAY-04) Publication Title: African Business ...

De Beers mining executive will speak at Livingstone commencement May 3

De Beers mining executive will speak at Livingstone commencement May 3
Salisbury Post - Salisbury,NC,USA
Khama joined the Anglo American Corp. subsidiary in Botswana as group secretary in 1994 and served in this capacity for eight years. ...

BOTSWANA'S OWN , SHEILA KHAMA CEO OF DEBEERS BOTSWANA!

BOTSWANA'S OWN , SHEILA KHAMA CEO OF DEBEERS BOTSWANA!
By Yayemarie(Yayemarie)
Sheila Khama never thought growing up in her village that one day she will be at the head of a Diamond giant company, she started working for a substitary Anglo American Corporation as the Group Secretary for 8 years before moving up to ...

News Release

News Release
Anglo American’s nickel interests in Botswana for US$75.9 million in cash. These. interests comprise 43.35% in Tati Nickel Mining Company (Pty) Limited ...

De Beers boosts 2008 rough diamond prices 8.5 pct

De Beers boosts 2008 rough diamond prices 8.5 pct
Reuters - USA
De Beers, 45-percent-owned by mining group Anglo American (AAL.L: Quote, Profile, Research), said in February that it expected a rebound in its rough ...

Power utility seeks to limit exports but long-term contracts ...

Power utility seeks to limit exports but long-term contracts ...
Creamer Media's Engineering News - Garden View, South Africa
Anglo American’s Skorpion zinc mine, in Namibia, received 94 MW from Eskom, and De Beers’ Namdeb diamond mine received 30 MW. “All these export figures ...

Zimbabwe: There is Only One Way - Out!

There is Only One Way - Out!
AllAfrica.com - Washington, USA
We may not like Anglo-American policy in Iraq, but we should be at peace with the US, for our own sake. It is about the world in which we live. ...

De Beers to pay R2,3bn to settle lawsuit in US

De Beers to pay R2,3bn to settle lawsuit in US
Business Day - Johannesburg, South Africa
De Beers is 45% owned by Anglo American, the family of De Beers chairman Nicky Oppenheimer holds 40% and the government of Botswana owns 15%. ...

De Beers wins approval of $295M settlement

De Beers wins approval of $295M settlement
Edmonton Journal - Edmonton, Alberta, Canada
... by Anglo American Plc.
The family of De Beers chairman Nicky Oppenheimer holds 40 per cent, and 15 per cent is owned by the government of Botswana, ...

Coal To Liquids In Australia

Coal To Liquids In Australia
The Oil Drum - USA
Monash Energy is a venture by Shell and Anglo American to jointly develop a "clean" coal to liquids project in the Latrobe Valley, "utilising the latest ...

Taxation and Governance in Africa

Taxation and Governance in Africa
American Enterprise Institute - Washington,DC,USA
The role of taxation as a central force in the development of democracy resonates strongly in Anglo-American history. The duty of paying for government ...

The De Beers Connection to KI v. Platinex-link might be Anglo American

The De Beers Connection to KI v. Platinex-link might be Anglo American
By ACTUP(Brant)
Anglo American's diamond interests are represented by its 45% shareholding in De Beers Investments (DBI), the other shareholders are Central Holdings Limited, an Oppenheimer family holding company, (40%) and the Botswana Government ...

Botswana slams corruption by multinationals in mining Anglo ...

Botswana slams corruption by multinationals in mining Anglo ...
De Beers is 45 pct-owned by Anglo American PLC. Botswana is the world's largest producer of diamonds by value and by volume, yielding 34.3 mln carats of the ...

Forsys Increases Ownership of Ondundu Gold Project in Namibia to 90%

Forsys Increases Ownership of Ondundu Gold Project in Namibia to 90%
Market Wire (press release) - USA
Ondundu lies within the Northern Zone of the Damara Belt that extends east from the Atlantic Ocean into northwestern Botswana. This Neoproterozoic Belt is ...

Out of Africa Longtime buddies wrote their debut novel about a ...

Out of Africa Longtime buddies wrote their debut novel about a ...
Pioneer Press - St. Paul,MN,USA
In 1997, he accepted a position at Anglo American, a major international mining house associated with the diamond firm De Beers. (De Beers and diamonds play ...

Botswana: Botswana Tax Laws Are Rigid

Botswana Tax Laws Are Rigid
AllAfrica.com - Washington,USA
... that if they do choose to exercise these powers, the likes of Anglo American and De Beers are left with no choice but to comply with Botswana wishes. ...

Stockhouse.com: RE: Anglo American & Botswana - MPV

Anglo American & Botswana
Anglo American is a global leader in mining and natural resources. Our diversif.

Record diamond prices spark fears over speculation

Record diamond prices spark fears over speculation
Edmonton Journal - Edmonton,Alberta,Canada
De Beers, 40 per cent owned by Anglo American, which supplies about 40 per cent of the world's rough diamonds, believes speculative pricing does not feature ...

a little story about diamonds

a little story about diamonds
By Jason Morgan
The company de-listed in 2001 and is now owned by Anglo American, the Oppenheimer family and the government of Botswana. It has settled its long-standing antitrust dispute with American regulators and is undergoing measures in order to ...

De Beers official says marketing move to Botswana is significant

De Beers official says marketing move to Botswana is significant
Mineweb - London,England,UK
De Beers is 45 percent owned by mining group Anglo American Plc , 40 percent by the Oppenheimer family and 15 percent by the Botswana government. ...

Botswana slams corruption by multinationals in mining

Botswana slams corruption by multinationals in mining
Interactive Investor - London,England,UK
De Beers is 45 pct-owned by Anglo American PLC. Botswana is the world's largest producer of diamonds by value and by volume, yielding 34.3 mln carats of the ...

Botswana economy dependent on mining

Botswana economy dependent on mining
Sunday News - Zimbabwe
Dennis Kennedy, MD of Stanbic Bank, a subsidiary of the Standard Bank Group said Aids - which has slashed life expectancy to 35 - was one of the key ...

Stanbic launches private pension scheme

Stanbic launches private pension scheme
Daily Monitor - Kampala,Uganda
Stanbic Investments, a sister company of the Stanbic Bank Group has launched a private pension scheme, targeting players in the private sector. ...

Stanbic launches private pension scheme

Stanbic launches private pension scheme
Daily Monitor - Kampala,Uganda
Stanbic Investments, a sister company of the Stanbic Bank Group has launched a private pension scheme, targeting players in the private sector. ...

Standard Bank Donates P2.5m To Xenophobia Victims

Standard Bank Donates P2.5m To Xenophobia Victims
Mmegi - Gaberones,Botswana
Standard Bank, which in Botswana trades as Stanbic Bank Botswana, has donated R3 million (P 2 523 258.95) to the victims of xenophobic violence in South ...

Botswana aims to kickstart securitisation

Botswana aims to kickstart securitisation
By Frontier Markets Blog
Last week saw the listing of the P2billion Stanbic Bank Botswana bond programme. This prompted the Botswana Stock Exchange and the National Development Bank to restart initiatives to develop a securitisation market in Botswana. ...

Government wants early delivery

Government wants early delivery
Mmegi - Gaberones,Botswana
To show its commitment to the Morupule expansion project, Government has already selected Stanbic Bank Botswana as the preferred financial partner for ...

Botswana Bank to Invest in Diamond Beneficiation Sector

Botswana Bank to Invest in Diamond Beneficiation Sector
IDEX Online - Israel
Stanbic Bank Botswana has announced that it plans to use capital it recently raised through listed P2 billion (~$300 million) bonds to finance Botswana ’s ...

Botswana: Stanbic Raises Cash for Diamond Beneficiation

Stanbic Raises Cash for Diamond Beneficiation
AllAfrica.com - Washington,USA
Stanbic Bank Botswana plans to use the capital raised through the just listed P2 billion bonds to support the fledging downstream diamond beneficiation ...

Botswana, investment hub

Botswana, investment hub
By Palapye.com
GABORONE
Botswanas democracy and resource wealth have created investment opportunities that need to be explored, says the Managing Director of Stanbic Bank, Mr Dennis Kennedy. Speaking at a one-day meeting of the Botswana Economic ...

Astute papers at 1st Economic Forum today

Astute papers at 1st Economic Forum today
Mmegi - Gaberones,Botswana
Dennis Kennedy, the managing director of Stanbic Bank Botswana, will speak on Running a Business in Botswana - the South African Perspective; ...

Uganda - Stanbic Botswana

Uganda
By npalktm376(npalktm376)
Yesterday i stood in line at two banks in Kampala, Stanbic Bank and Barclays- i noticed that the line for depositing was considerably longer than that for . Many of you wonder why in the world I have a picture of a box of Cheerios. ...

Botswana diversification hampered by high costs

Botswana diversification hampered by high costs
Reuters South Africa - Johannesburg,South Africa
Dennis Kennedy, managing director of Stanbic Bank, a subsidiary of the Standard Bank Group said Aids -- which has slashed life expectancy to 35 -- was one ...

Stanbic Relaunches Broadhurst Branch
Mmegi - Gaberones,Botswana
By Business Reporter
Stanbic Bank Botswana last Thursday launched its relocated Broadhurst Branch with a warning to competitors that the move is part of ...

News in brief
New Vision - Kampala,Uganda
SOCCER - FedEx will clinch the girls’ title in the Stanbic Bank KKL at Aga Khan tomorrow no matter what result. They play True African in a game that has no ...

PDM Announces Construction is Underway at its Housing ...

PDM Announces Construction is Underway at its Housing ...
AllAfrica.com - Washington,USA... and construction financing from Standard Bank of South Africa through its wholly-owned subsidiary in Zambia, Stanbic Bank Zambia Limited. ...

Pangaea Holds Annual General Meeting and Announces Construction is ...

Pangaea Holds Annual General Meeting and Announces Construction is ...
PR.com (press release) - Levittown, NY, USA
Pangaea Development Holdings Limited held its second Annual General Meeting on Tuesday, 20 May at the Gaborone Sun Hotel in Botswana. ...

Economic Rebound Helps Stanbic's Balance Sheet

Economic Rebound Helps Stanbic's Balance Sheet
Mmegi - Gaborone, Botswana
By Business Reporter Despite tough trading conditions in the domestic market in 2007, Stanbic Bank Botswana used a rebound in the economy at the close of ...

Stanbic Bank lists Government’s P5 Billion Bond - Botswana Gazette

Stanbic Bank lists Government’s P5 Billion Bond - Botswana Gazette
Stanbic Bank Botswana recently received yet another vote of confidence when it listed a P5 Billion Domestic Note Program on behalf of the Government of ...

Promotions at Stanbic Bank Botswana

Promotions at Stanbic Bank Botswana African Business Find ...
Promotions at Stanbic Bank Botswana from African Business in Business provided free by Find Articles.

Stanbic Catches the Big One
Mar 25, 2008
... Stanbic Bank Botswana's executive director of Corporate and Investment ... "Stanbic Bank Botswana was selected as the preferred partner from ...

Stanbic Bank lists Government’s P5 Billion Bond - Botswana Gazette

Stanbic Bank lists Government’s P5 Billion Bond - Botswana Gazette

Stanbic Bank Botswana recently received yet another vote of confidence when it listed a P5 Billion Domestic Note Program on behalf of the Government of ...

Students win in Power in the Voice

Students win in Power in the Voice
Botswana - Gaborone
But it was not just the message that won them the P500 each, another P500 for a saving account at Stanbic Bank and a weekend for two at the Metcourt, ...

Makgabaneng takes service to the people

Makgabaneng takes service to the people
Mmegi - Botswana
Stanbic Bank Branch Manager, Stephen Goitsemang, who was the guest speaker, challenged students attending on their knowledge of HIV/AIDS. ...

Stanbic Clinches Morupule Financing Deal

Stanbic Clinches Morupule Financing DealStanbic Bank Botswana said on Friday that it has been selected as a preferred financial partner for funding of the initial expansion of the Morupule ...

Btv introduces live breakfast show

Btv introduces live breakfast show
Botswana - Mascom, Choppies, Stanbic Bank and Botswana Tourism Board will sponsor the show for P2.5 million. Mr Mphusu applauded the sponsors for giving them support, ...

Companies rescue tennis body (10 March, 2008)

GABORONE - The Botswana Tennis Association (BTA) has been given backing amounting to P180 000 from different companies (Debswana, FNB Botswana, Motor Centre and Orange who donated P50 000 each and Barclays Bank, Stanbic Bank and Standard Chartered who offered P20 000 each) would enable the code to host the International Junior Championships and African Junior Championships.

School walks for computers

School walks for computers
By Palapye.com The school has appealed to some individuals and private companies such as Letshego to assist, and so far three computers from different companies including Letshego have been received. Further the parents sold cooked traditional food to ...

CIC Energy is Pleased With Coal Gasification Feasibility Study

CIC Energy is Pleased With Coal Gasification Feasibility Study

By admin CIC Energy, British Virgin Islands, has received a feasibility study for it’s planned coal-to-liquids project. The feasibility study results are positive. The project is based on converting coal from the Mmamabula Coal Field in Botswana ...

Prioritise agriculture - Debswana

Prioritise agriculture - Debswana

Challenges such as how farmers produce more in a semi-arid country like Botswana can be turned into opportunities, Kanaimba noted. "We know and acknowledge ...

United Nations Permits Ivory Sale, Designates China as Buyer

United Nations Permits Ivory Sale, Designates China as Buyer

South Africa, Zimbabwe, Namibia and Botswana may market 108 metric tons from their stockpiles, Geneva-based Cites said on its Web site today. ...

Level the playing field, says Botswana's minister of trade and ...

Level the playing field, says Botswana's minister of trade and ...

By Cheryl S. Ntumy (AXcess News) Washington - Agricultural subsidies provided to farmers in developed countries create an unfair advantage, Botswana's ...

FIRESTONE DIAMONDS RAISES US$10 MILLION FOR BOTSWANA PROJECTS

FIRESTONE DIAMONDS RAISES US$10 MILLION FOR BOTSWANA PROJECTS

The Tsabong kimberlite field is located in south western Botswana , approximately 280 kilometers south west of the Jwaneng mine, and contains 85 known ...

Redknee Solutions wins multi-million dollar Botswana telecoms contract

Redknee Solutions wins multi-million dollar Botswana telecoms contract

Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...

Botswana Telecommunications Corporation Signs Multi-Million Dollar ...

Botswana Telecommunications Corporation Signs Multi-Million Dollar ...

Botswana is experiencing tremendous growth in both the wireless and Internet arenas. According to the Botswana Telecommunications Authority, ...

Botswana's Inflation Rate Jumps to 3 1/2-Year High (Update1)

Botswana's Inflation Rate Jumps to 3 1/2-Year High (Update1)

Botswana's inflation accelerated to an annual 14.5 percent in June, the fastest pace in at least 3 1/2 years, ...

Moroka Open To SA In SADC-EPA Deal

Moroka Open To SA In SADC-EPA Deal

Botswana, Lesotho, Mozambique, Namibia and Swaziland signed the interim EPA with the European Commission at the end of 2007 to allow smooth flow of trade, ...

Botswana, UK Want Fruits Of EPAs

Botswana, UK Want Fruits Of EPAs

Botswana and Britain wish to see the successful conclusion of Economic Partnership Agreements (EPAs) currently being negotiated between ...

Botswana cheer for Discovery Metals

Botswana cheer for Discovery Metals

Discovery Metals says it has extended its Plutus copper project in Botswana by 1000 metres and found high grades. Brisbane-based Discovery, set up five ...

Zimbabwe political crisis to weight heavily on Botswana’s budget ...

Zimbabwe political crisis to weight heavily on Botswana’s budget ...

The Zimbabwe political crisis is expected to over-stretch Botswana’s budget as the country is positioning itself to receive thousands of political refugees ...

World Bank Supports Botswana’s Efforts to Fight HIV/AIDS

World Bank Supports Botswana’s Efforts to Fight HIV/AIDS

The World Bank Board of Directors on July 10 approved a loan of US$50 million over five years to the Government of Botswana to assist the ...

Food Shortage Worrisome - De Graaf

Food Shortage Worrisome - De Graaf

Launching a collaboration recipe competition by the Botswana Agricultural Marketing Board (BAMB) and Heart Foundation Botswna on Tuesday evening, ...

Mine Employees Cry Foul

Mine Employees Cry Foul

Some employees of the mining company Blasting and Excavating Botswana (B&E) are crying foul as they say management has reneged on their word. ...

Post Strikes Orange Deal

Post Strikes Orange Deal

Orange and Botswana Post have now ventured into this merger and saw it fit to enhance awareness through a promotion which entitles winners to great prizes ...

Capital Resources brings mining giants to Gaborone

Capital Resources brings mining giants to Gaborone

After hosting the first ever Botswana Economic Forum (BEF) last month, Capital Resources is bringing captains of the mining industry to Gaborone for the ...

Fridge Firm Ordered to Pay Ex-Employee P11,730

Fridge Firm Ordered to Pay Ex-Employee P11,730

The Industrial Court has ordered Gaborone Refrigeration (GR) to pay P11,730 to Tapela Kelebetse as his severance benefit for the 129 months he worked for ...

Expert doubts Botswana economic growth

Expert doubts Botswana economic growth

Botswana's economic growth does not seem to have been badly affected by the international slowdown but this may not last, an economist has said. ...

Impact buys remaining 15% stake in Botswana uranium project

Impact buys remaining 15% stake in Botswana uranium project

Australian explorer Impact Minerals has acquired the remaining 15% shareholding in its uranium prospecting licences in Botswana and now owned 100% of the ...

Hana Mining Appoints Country Advisor in Botswana

Hana Mining Appoints Country Advisor in Botswana

A successful businessman who has founded, directed and managed a number of major Botswana companies in the mining, manufacturing and agricultural sectors, ...

Hana Mining Appoints Country Advisor in Botswana

Hana Mining Appoints Country Advisor in Botswana

Hana Mining Ltd. (TSX VENTURE:HMG) is pleased to announce the appointment of Kgosiemang Keith Molosiwa to the position of country advisor in Botswana. ...

Debswana Supports Environment

Image via WikipediaDebswana Supports Environment

Lesedi Primary School Environmental Education Bio-Park was launched by Debswana's Esther Kanaimba on the third of July this year (2008) thus reaffirming Debswana's commitment to supporting initiatives aimed at protecting the environment and natural resources.

According to Modiri Mogirosi of the Association of Environmental Clubs of Botswana (AECB), the bio-park will develop and promote environmental conservation to both students and pupils.

De Beers Polishes Its Image

Image by Getty Images via DaylifeDe Beers Polishes Its Image

De Beers's 120-year history is marred by crisis after crisis. They publicity track record is not that great. Currently, the company are in a 50%/50% partnerships with Botswana and Namibia. They are also considering ways of diversifying and seeking for new and emerging businesses. This is typical when your mode of business is shaky or its future is not so stable as they say about diamond being forever.

In 2006, De Beers was alleged to be purchasing dirty diamonds, price-fixing and racism. These are great challenges for any company faced with negative publicity from celebrities like Kanye West's Diamonds From Sierra Leone and movies like Blood Diamond.

De Beers has delt with this by coming up with the Kimberley Process of voluntary certification for rough diamonds to allow trace-back of these valuable gems. This however has not protected the companay from backlashing consumers.

Thus the 45-year old company has come up with a new business model.

Dikgatlhong progress impressive - assistant minist

Dikgatlhong progress impressive - assistant minist

He told Sinohydro officials to ensure that their company respected Botswana’s labour laws, advising them to ask for assistance from the labour offices ...

Iamgold sees longer life at Botswana mine after switch to owner mining

Image via WikipediaIamgold sees longer life at Botswana mine after switch to owner mining

Canadian gold-miner Iamgold now expects to continue mining its Mupane operation, in Botswana, until the second quarter of 2012, after declining costs meant ...

Botswana Posts Trade Deficit in April as Diamond Exports Drop

Image via WikipediaBotswana Posts Trade Deficit in April as Diamond Exports Drop

The world's biggest diamond producer, recorded a trade deficit in April as diamond exports fell and imports ...

BRIEF CASE: WATER UTILITIES CORPORATION

Image via WikipediaBRIEF CASE

The Water Utilities Corporation (WUC) has listed two notes on the Botswana Stock Exchange (BSE). The notes, which are part of the P400 million note ...

Anglo American Botswana

Welcome to the new Anglo American Botswana blog. In this way, users of this blog do not have to sift through all the blogs to find relevant information to the company of their interest. Enjoy

Botswana Energy News

Market nervous about CIC Energy Corp deal

The market made an about turn this week on the Toronto Stock Exchange (TSX: ELC) and Botswana Stock Exchange listed CIC Energy Corp (BSE: CIC Energy). The most nervous investors were in TSX: ELC as evidenced by plummeting share prices since announcement this week that the firm is indefinitely suspending its Mmamabula energy project.

Sharm Offensive

Image by platours_flickr via FlickrSharm Offensive

Ghana, Botswana, Namibia and South Africa enjoy rankings comparable with some of the EU's newer members in a global survey of democratic institutions. ...

Botswana finance minister says growth strong in 07/08

Botswana finance minister says growth strong in 07/08

By Phumza Macanda JOHANNESBURG (Reuters) - Botswana's economy should grow by more than 6 percent in the year to end-June despite a power shortage, ...

Botswana Threatens to Take Action in Zimbabwe Political Crisis

Botswana Threatens to Take Action in Zimbabwe Political Crisis

By Joseph Balise June 26 (Bloomberg) -- Botswana's President Ian Khama threatened to take action against Zimbabwe if southern African leaders fail to ...

MTN Faces Flak Over Verizon Purchase

MTN Faces Flak Over Verizon Purchase

Verizon provides voice and data services to companies in SA, Namibia, Botswana, Zambia and Kenya, and MTN will fold those into its own smaller internet ...

SIA wins orders in Botswana

SIA wins orders in Botswana

The contract covers the supply, installation, commissioning and maintenance of non-directional beacons (NDBs) at two Botswana airports. ...

Companies Could Do More in Sponsorships

Companies Could Do More in Sponsorships

Corporate social responsibility is gradually becoming part of Botswana's corporate culture. Companies, particularly of local origin, are increasingly ...

Discovery awarded more tenements in Kgalagadi

Discovery awarded more tenements in Kgalagadi

Discovery Metals Limited has doubled its copper-silver tenements in north-western Botswana following its recent acquisition of seven more prospecting ...

Recent issuances in bond market and likely impact

Recent issuances in bond market and likely impact

In Botswana, however, capital market development has not been a great imperative because the government has consistently run budget surpluses. ...

SA, Botswana back energy project

Image via WikipediaSA, Botswana back energy project

London - Botswana and South Africa remain committed to a downsized CIC Energy Mmamabula energy project, Botswana energy minister Ponatshego Kedikilwe said ...

Botswana water utility to issue two long-term bonds

Botswana water utility to issue two long-term bonds

Botswana's state-owned Water Utilities Corporation will issue two bonds totaling 400 million pula on the Botswana Stock Exchange on ...

Botswana firms upbeat on economy, inflation a worry - survey

Botswana firms upbeat on economy, inflation a worry - survey

JOHANNESBURG (Reuters) - Botswana's business sector remains optimistic about the economy, but is worried over the deteriorating inflation outlook, ...

CIC Energy eyes smaller Botswana power plant

CIC Energy eyes smaller Botswana power plant

[miningmx.com] -- CIC ENERGY is considering building a smaller power plant at its Mmamabula energy project (MEP) in Botswana because potential clients like ...

International Power Says Can't Finish Botswana Plant

International Power Says Can't Finish Botswana Plant

``An alternative needs to be developed'' by South Africa and Botswana, he added. In February, CIC said it may award construction contract for Mmamabula by ...

International Power Says Contractor Can't Finish Botswana Plant

International Power Says Contractor Can't Finish Botswana Plant

... alternatives for the 2400-megawatt Mmamabula power plant project in Botswana after announcing it can't be completed with the preferred contractor. ...

Giant Botswana energy project remains on track

Giant Botswana energy project remains on track

Canadian company CIC Energy has rubbished reports that it is to scrap a multibillion-dollar Southern African energy project in Botswana due to spiralling ...

Botswana lifts bank rate, inflation to stay high

Botswana lifts bank rate, inflation to stay high

JOHANNESBURG, June 19 (Reuters) - Botswana's central bank increased its bank rate by 50 basis points to 15.5 percent on Thursday, warning that inflation ...

Botswana Central Bank Raises Benchmark Rate to 15.5% (Update1)=

Botswana Central Bank Raises Benchmark Rate to 15.5% (Update1)

By Antony Sguazzin June 19 (Bloomberg) -- Botswana's central bank raised the benchmark lending rate by half a percentage point, the second increase in a ..

Moody's warns on Botswana energy project costs

Moody's warns on Botswana energy project costs

JOHANNESBURG (Reuters) - Botswana's giant Mmamabula energy project is in danger of being scrapped or down-sized as costs soar to almost triple the initial ...

Vilart Energy to Take Solar Power to the Cattlepost

Vilart Energy to Take Solar Power to the Cattlepost

Botswana companies are taking calls by Government to find alternative sources of energy to supplement dwindling supplies seriously following downscaling by ...

Massive Turnover Despite Price Correction On the BSE

Image via WikipediaMassive Turnover Despite Price Correction On the BSE

Despite price correction which took place in the second half 2007, the Botswana Stock Exchange (BSE) market turnover and liquidity increased by 100 percent ...

Private equity funds get “aggressive” on BOMAID

Private equity funds get “aggressive” on BOMAID

Southview, a creation of Venture Partners Botswana and BOMAID, raised warning bells in the market this week by offering P 17 million offer in a protec... [Full Story...]

First National Bank moves on

Image via WikipediaFirst National Bank moves on

The effect of the collapse of one of the county’s giant haulage companies, Africa Express, is less than was initially expected. From a bank lending ex... [Full Story...]

Engen’s profits surge by seven percent at the back of crude oil prices

Engen’s profits surge by seven percent at the back of crude oil prices

Engen, the third largest petroleum company’s profits soared by seven percent to P 921 million as a result of the sky-rocketing crude oil prices. Ac... [Full Story...]

Stanbic issues P 2 billion bond to address diamond industry’s demands

Stanbic issues P 2 billion bond to address diamond industry’s demands
Stanbic Bank, an off-shoot of Africa’s leading bank, Standard Bank of South Africa, raised a P 2 bil... [Full story]