DJ Discovery Metals Awarded Mining License For Boseto Copper Project

Helpful information about "http://www.tradingmarkets.com/news/stock-alert/dvylf_dj-discovery-metals-awarded-mining-license-for-boseto-copper-project-1380237.html".

Discovery Metals Ltd (DME.LN), said Tuesday that it has been awarded the mining license for the Boseto copper project in northwest Botswana.

in reference to:

"Discovery Metals Ltd (DME.LN), said Tuesday that it has been awarded the mining license for the Boseto copper project in northwest Botswana."
- http://www.tradingmarkets.com/news/stock-alert/dvylf_dj-discovery-metals-awarded-mining-license-for-boseto-copper-project-1380237.html (view on Google Sidewiki)

Monday, 29 November 2010

Botswana Diamonds likely to be listed on London's AIM

Botswana Diamonds likely to be listed on London's AIM

Reports further state that the listing is part of the takeover agreement under which Lucara Diamond acquired complete control of Botswana’s AK6 mine, and Botswana Diamonds came into being to own AFD’s remaining assets. AFD is expected to close down in early January and its shareholders would gain a 26.57 stake in Lucara. The AFD shares are expected to be suspended on December 17 and final cancellation is expected few days later.


Monday, 15 November 2010

Factors to watch on Nov 15

Reuters

Trafigura acquires BP’s assets in Namibia, Botswana and Zambia

The Post Newspapers Zambia
Trafigura, controversial commodities conglomerate and the third-largest independent oil trader in the world, has bought BP’s assets in a deal, struck through the Trafigura subsidiary, Puma Energy International.

Wednesday, 3 November 2010

World Bank Vice President for Africa to Visit Rwanda, Burundi, Botswana and Lesotho

Advertiser Talk: "Ms. Ezekwesili will discuss ways in which the Bank can continue to support Botswana’s growth, poverty reduction and economic diversification plans. She will use the opportunity to stress the need for African countries now earning more revenue from higher global prices for natural resources to ensure that they use the extra cash to strengthen economic recovery in an environmentally sustainable manner."

UTi Sun Couriers

Supply Chain Digital: "From his base in Johannesburg, divisional director of UTi Sun Couriers, Greg Saffy, oversees a freight and logistics network that reaches across South Africa, and into Zimbabwe, Namibia, Swaziland, Botswana and Lesotho."

Construction of new Botswana diamond mine to start soon

Mining Weekly: "'In less than 1,5 years we anticipate Lucara to become one of the very limited number of producing hard-rock diamond miners in the world,' Lucara president and CEO William Lamb stated."

Construction to Begin at AK6 in Coming Months

Diamonds.net: "'In less than 1.5 years we anticipate Lucara to become one of the very limited number of producing hard rock diamond miners in the world. This, coupled with the increasing demand for high quality diamonds puts Lucara in a strong position for future growth,' said Lamb."

Shrenuj 2Q Sales +52%

Diamonds.net News: "He reported Shrenuj’s diamond manufacturing operations in Botswana have achieved its desired output and that the company is adding more manpower to support its growth in production. Shrenuj opened its Botswana factory in May and is planning to launch a jewelry manufacturing unit in the country before the end of the year."

Friday, 29 October 2010

Letshego sharpens competitive edge

Tuesday, 26 October 2010

Monday, 4 October 2010

Business is'burgeoning' at Stanchart

Mmegi Online

Stan Chart reports reduced profit

Botswana Gazette

Monday, 6 September 2010

Botswana Leads The Letshego Pack

Mmegi

Saturday, 4 September 2010

MP Swaziland dumps shylock status

MP Swaziland to Letshego Financial Services Swaziland.
"As a non deposit taking financial institution, the company is now licenced to undertake a variety of financial service activities and has since aligned its mandate with the holding company, Letshego Holdings Limited. On that note, I would like to thank the Governor of the Central Bank and his team for the confidence they have shown in the company, by affording us the opportunity to increase its service offering and be properly regulated," he said.

Wednesday, 11 August 2010

Friday, 6 August 2010

Stanchart makes record US$3.12b profit

Mmegi

Wednesday, 4 August 2010

DCI records modest gains

The Botswana Gazette

Stanbic Bank appoints new Head of Legal

Sunday Standard

Monday, 2 August 2010

Wednesday, 7 July 2010

Letshego Expands Into Namibia

Mmegi Online

Wednesday, 23 June 2010

Letshego donates beds to NRH

Mmegi Online

Investec chief says Africa's time has come

Telegraph

Saturday, 12 June 2010

The #1 Trading Strategy for Today's Market

Matras, K. (2010). Zacks' Weekend Wisdom: Tactics that Work in Good Markets and Bad

There are lots of different trading styles out there: Momentum, Aggressive Growth, Value, Growth & Income, and more. Some of these are more conservative while others are more aggressive. But with today's volatile market, which one works best? Let's take a look.


Momentum Style
Momentum traders look to take advantage of upward trends (or downward trends) in a stock's price or earnings. They believe that these stocks will continue to head in the same direction because of the momentum that is already behind them. This method of course finds stocks on the move. In 2007, this Momentum Style strategy gained 36.8% vs. the S&P 500's 4.1%. In 2008 (with the bear market in full swing), this strategy was up 19.7% while the S&P plummeted -36.4%. And in 2009, it was up over 224% to the S&P's 22.4%. As the market was rebounding more than 65% off of the lows, this strategy capitalized on that by getting in on some of the top performers. This year in 2010? It's already up 36.1% in comparison to the S&P's -2.5%.

So is this the best style? Maybe for some. But maybe not for others.

The Momentum Style is typically a short-term trading strategy. And this method was designed to be rebalanced once a week, which means you'll be buying and selling new stocks every week. Great if you're an active trader.

Not so much if you aren't. You'll also find yourself getting in on stocks that have already made big moves or that are making new 52-week highs. And it works. But for some, high flyers and fast movers aren't the kinds of stocks they want to get into. Maybe getting into a stock that's low in its price recognition cycle or finding undiscovered gems is more to your liking.

So let's take a look at the Value Style.

Value Style
Value investors and traders favor good stocks at great prices over great stocks at good prices. This does not mean they have to be cheap stocks in price though. The key is the belief that they're undervalued. That they are, for some reason, trading under what their true value or potential really is. The value investor hopes to get in before the market 'discovers' this and moves higher. In 2007, this Value Style strategy increased by 11.2% to the S&P 500's 4.1%. In 2008 (raging bear market), this strategy was up 14.2% to the S&P's -36.4%. In 2009, it was up 44.8%, doubling the S&P's 22.4%. This year it's up on average of 9.2% so far while the S&P is down more than -2.5%.

This strategy was designed to have a longer holding period of 4 weeks, which means this strategy would be rebalanced essentially once a month rather than once a week. Moreover, the very nature of the screen (and the Value Style) is such that it tries to reduce volatility and minimize risk while at the same time outperforming the market. And while this more conservative style may not produce the kinds of triple-digit returns that a Momentum Style or an Aggressive Growth Style can, the smoother ride it provides while still outperforming the market may be just what you're looking for. Or maybe a Growth & Income Style approach with core holdings that pay nice income-producing dividends is what you're really after. This kind of strategy will tend to focus in on the more mature companies with solid revenue and consistent payouts. You'll also have a longer time horizon with this style (at least 12 weeks), especially since you'll want to hang onto your stocks long enough to receive the dividend. Then again, the allure of getting in on a newer company and watching it blaze a trail of success, as an Aggressive Growth Style will try and find, may be your goal instead. Aggressive Growth traders are primarily focused on stocks with aggressive earnings growth or revenue growth (or at least the potential for aggressive growth). You'll often find smaller-cap stocks in this category. And while this style will typically require a more hands-on approach to monitor how these companies are doing, it can be well worth it when the method is hitting its stride.

So, the #1 Trading Style the one that's right for you! No one style is better than the other. They're just different from each other. And that's fine. The #1 trading style is the style that fits the kind of trader you are or want to be. Because if you find yourself getting into stocks that are not in alignment with who you are or want to be as a trader, you'll find yourself dropping that strategy the moment the market hits a rough patch. Or talking yourself out of winning trades altogether, because you're uncomfortable being in stocks that don't fit your style. The Strategies Work Best When You Use Them. The best trading strategy in the world won't make you any money if you don't use it. And the more confident you are in your strategy, the more apt you will be to use it. To build confidence in your trading, remember to first:
 Identify what kind of trader you are or want to become. This will help you find the style(s) that are right for you. And don't worry about fitting perfectly into one style or another. Many people will be a combination of several styles rolled into one.
 Once you understand the different styles and where you fit in, you can then concentrate on what kinds of items will help you pick the stocks that have those characteristics so you'll always get into the right ones.
 Don't give up. As mentioned above, the most successful trading strategies work best when you use them. Once you've indentified your style and the method to pick those stocks, make sure to follow a proven profitable trading strategy to increase your odds of success. This will give you the confidence to stick with it and to maximize your returns. It also goes over some of our best performing strategies from all of the different trading styles and shows you how to create your own.

Friday, 11 June 2010

Banks' honeymoon coming to an end

Mmegi Online

Botswana Equity Market

The Botswana Gazette

Friday, 30 April 2010

Debswana Considers Diversifying From Diamonds

Diamonds.net News - Debswana Considers Diversifying From Diamonds
"We are still trying to find what would be the best for Debswana and at the same time we have to be mindful of the fact that our shareholders are already involved in some of the minerals which we might be interested in,” Sebetela said. “We have to be mindful of the possible conflict of interest with our shareholders."

Sunday, 11 April 2010

Saturday, 20 March 2010

Financial education drive in Botswana

Financial education drive in Botswana

Firestone Diamonds Botswana

"Miner Firestone Diamonds to start exploring Botswana operation"

Friday, 15 January 2010

Letshego Latest News

Latest News from Letshego

Runa Alam

Runa Alam

Letshego nets 45% profits, aims higher

Letshego nets 45% profits, aims higher
Kabanda Chulu (15th January 2010, 04:00 CAT) - PAN African consumer lending Group, Letshego, has stated that there is need to focus on brand building and increasing its market share through intensive marketing and building stakeholder relation by offering high level customer services.

FTSE 100 slides as Dow, S&P 500 and NASDAQ futures inch lower on JPMorgan results

Tunisia focused metal miner Maghreb Minerals (AIM: MMS) headed in the opposite direction, sliding 5.5%, while Botswana operating nickel and copper miner Discovery Metals (AIM: DME), iron ore focused investor Red Rock Resources (AIM: RRR) and copper and nickel explorer Regency Mines (AIM: RGM) followed with losses of over 4%.