Wednesday, 8 July 2009
The reality behind Africa's 'blood diamond' trade - December 11, 2006
The reality behind Africa's 'blood diamond' trade - December 11, 2006: "But the system is hardly flawless, even in the U.S. In September the U.S. Government Accountability Office found that Customs and Treasury officials were only haphazardly enforcing the system, leaving companies to monitor themselves. Last year about 300,000 more carats were exported from than imported to the U.S. - which produces no commercial diamonds itself. Representatives from all 71 countries met last month in Botswana to try to tighten loopholes and squeeze out nonmembers. 'There are fewer and fewer countries left that nonmembers can trade with,' says Sue Saarnio, the U.S. State Department's representative to the November conference."
Petra Forecasts a Further Recovery in Prices of Gems (Update2) - Bloomberg.com
Petra Forecasts a Further Recovery in Prices of Gems (Update2) - Bloomberg.com: "Petra rose 9.3 percent, the most in a month, in London trading. Gem prices will “slowly and gradually strengthen,” the St. Helier, Jersey-based company said today in a statement, after a rebound of about 25 percent in the market for so-called rough diamonds from lows reached earlier in 2009. Trading conditions remain “challenging” for now, Petra said."
Silobreaker: Fact Sheet for Imara Holdings Limited
Silobreaker: Fact Sheet for Imara Holdings Limited: "Imara Holdings Limited is a Botswana-based company. The Company is a holding company of a group of companies conducting stock broking, asset management and corporate finance activities for institutions and private clients. The Company has operations at Botswana, British Virgin Islands, South Africa and the United Kingdom. As of January 31, 2006, the Company acquired 69.27% of CF Africa Limited. The subsidiaries of the Company are Africa Investments Limited, Imara Capital Botswana (Pty) Limited, Imara Capital Limited, Imara Capital South Africa (Pty) Limited, Imara Asset Management Limited, Imara Asset Management (Pty) Limited (Botswana), Imara Asset Management UK Limited, Imara Botswana Limited and Imara Trademarks (BVI) Limited."
Mining industry of Botswana - Wikipedia, the free encyclopedia
Mining industry of Botswana - Wikipedia, the free encyclopedia: "The mineral industry of Botswana has dominated the national economy since the early 1990s. Diamond has been the leading component of the mineral sector since large-scale diamond production began 25 years ago. Most of Botswana’s diamond production was of gem quality, which resulted in the country’s position as the world’s leading producer of diamond by value. Copper, gold, nickel, and soda ash production also has held traditionally significant, though smaller, roles in the national economy. In 2005, mining accounted for about 38% of Botswana’s real gross domestic product (GDP), and more than 50% of Government revenues were derived from mining and mineral-processing activity. In 2005, the nominal value of minerals produced in Botswana exceeded that of 2004 by about 20% in terms of the United States (U.S.) dollar. Much of the increase was attributed to higher international mineral prices. Diamond, copper-nickel matte, and gold, in order of value, accounted for most of the increase.[1]"
Mmegi Online :: Investor confidence returning to markets-analyst
Mmegi Online :: Investor confidence returning to markets-analyst: "The Domestic Companies Index (DCI) has started the second half of the year on a winning streak with an improvement in volumes across the board, and according to an analysis by Motswedi Securties, this reflects an improvement in investor confidence in the market."
Sunday, 5 July 2009
Mmegi Mobile :: Stanbic partners with Russian investment group
Mmegi Mobile :: Stanbic partners with Russian investment group: "Stanbic Bank Botswana's parent company, Standard Bank of South Africa, recently entered into yet another strategic partnership with Russian investment giant, Troika Dialog Group."
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