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]

Francistown’s economic prospects plummet as Activox project collapses

Image via WikipediaFrancistown’s economic prospects plummet as Activox project collapses
The economic prospects of the city of Francistown are once again at their lowest ebb after the colla... [Full story]

CIC energy gives Botswana confidence

CIC energy gives Botswana confidence
CIC Energy, the titanic energy company raised Botswana’s hopes this week at the Botswana Economic Fo... [Full story]

Pan African Mining Corp. Receives 43-101 Reports on Diamond ...

Pan African Mining Corp. Receives 43-101 Reports on Diamond ...

It also has approximately 5500 sq. km. of diamond licenses in Botswana which it is presently exploring. Its operations in Madagascar are carried out through ...

CSD Goes Live Today

CSD Goes Live Today
Brokerages that will participate in the CSD include Motswedi Securities, Capital Securities and Stockbrokers Botswana. Participants will be expected to open ...

Ministry of Trade and Industry - Botswana
Capital Securities, a broking firm with a keen focus on the resource sector ... Standard Chartered, First National Bank Botswana and Barclays Bank were the ...

Olympia to buy minority stake in local plumbing company

Olympia to buy minority stake in local plumbing company

Last week the company made known another acquisition by its subsidiary, Olympia Capital Corporation Limited (OCCL) — listed on the Botswana Stock Exchange ...

Maun Blog

Maun Blog

Discovery Metals Limited - Making Progress Recent company information from Discovery Metals is very positive about the drilling they are doing about 100km from Maun. Discovery Metal's Managing Director, Jeremy Read, said that drill ...

Fanuel Kenosi's Blog

Fanuel Kenosi's Blog
To support their local ambassador, members of G4S Botswana attended the event to cheer Fanuel on and reinforce their proud partnership with the young star. ...

Zulu spuds CBM exploration well in Botswana

Zulu spuds CBM exploration well in Botswana

LONDON, June 13 -- Zulu Energy Corp. spudded its first coalbed methane (CBM) exploration well on the Pandamatenga licenses in northeastern Botswana. ...

African Copper-Management Reorganization

African Copper-Management Reorganization

He is currently a director of the following companies which are subsidiaries of African Copper: Messina Copper Botswana (Pty) Limited and Matsitama Minerals ...

Unions, Workers in the Dark Over Activox Collapse

Unions, Workers in the Dark Over Activox Collapse

Botswana Mine Workers Union (BMWU) general secretary Jack Tlhagale said they are still struggling to come to terms that the Tati Activox Refinery project ...

Ministry Regrets Activox Collapse

Ministry Regrets Activox Collapse

The Ministry of Minerals, Energy and Water Resources regrets the suspension of the Botswana Metals Refinery (BMR) plant. However, the decision to suspend ...

HRD Antwerp to Sell Diamond Equipment in Botswana

HRD Antwerp to Sell Diamond Equipment in Botswana

"Our expansion in Botswana is driven by an increasing demand for our professional equipment worldwide," said HRD Antwerp General Manager Georges Brys. ...

Marsh Environmental Services launches branch in Botswana

Marsh Environmental Services launches branch in Botswana

Marsh, the world’s leading insurance broker and risk adviser, has announced the launch of its Marsh Environmental Services (MES) division in Botswana. ...