Thursday 22 October 2009

Mmegi Mobile :: UK equity firm starts African expansion in Botswana

A private equity firm focussing on micro-finance and telecommunications will soon open an office in Gaborone as part of its expansion into the African continent.

The UK's Ariya Capital, a private equity firm specialising in sustainable investments in frontier markets, says it has already sourced manpower for the project that will see it join the few private equity firms that already operate in Botswana."

Monday 19 October 2009

Botswana’s Khama Must Wean His Country Off Diamond Dependence - Bloomberg.com

"Khama, whose Botswana Democratic Party won 45 of the 57 seats in parliament in the Oct. 16 general elections, is presiding over an economy that will contract 10.3 percent this year, according to the International Monetary Fund, because of a slump in demand for diamonds caused by the worst global recession since World War II."

De Beers Sees Recovery in International Diamond Market, FT Says - Bloomberg.com

De Beers Sees Recovery in International Diamond Market, FT Says - Bloomberg.com

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Sunday 18 October 2009

Botswana Ruling Party Claims Victory in Elections (Update1) - Bloomberg.com

"Oct. 17 (Bloomberg) -- Botswana’s ruling party, which has governed the world’s biggest diamond-producing nation for more than four decades, claimed victory in parliamentary elections, as electoral officials continued counting ballots."

Botswana Sept inflation quickens to 7.0 pct yr/yr | Reuters

"JOHANNESBURG (Reuters) - Botswana's consumer inflation quickened to 7.0 percent year-on-year in September from 6.1 percent in August, the Central Statistics Office said on Thursday."

Mining - Hong Kong investment firm eyes Botswana for uranium | Moneyweb

"As China's hunger for resources at home increases, China Growth Minerals (CGM) has been mandated to invest in mineral projects across the world and it is doing so. CGM is eyeing Botswana's numerous uranium deposits. It has reached an agreement to acquire 6.34% or 5.92m shares of Australia's Impact minerals."

UPDATE 1-African Copper resumes concentrate shipments | Reuters

UPDATE 1-African Copper resumes concentrate shipments | Reuters: "UPDATE 1-African Copper resumes concentrate shipments"

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