Debswana raises boxing sponsorship to P85, 000

Mmegi: "The realisation of these achievements begins with provision of access to the right resources. As Debswana, we are delighted and humbled by this development, hence we decided to increase the sponsorship amount for this year's awards," he said.

Budget at variance with reality-report

Mmegi: "A subjective analysis by people who attended public consultations revealed a strong disdain for the figures presented by the Finance Minister (issues were the same across areas visited; city, urban villages and remote areas)," reads part of the report.

Zim Finance Minister Supports Regional Currency Idea

RadioVop Zimbabwe: "We are a growing economy," he told more than 500 international investors."Our economy is beginning to stabilise since we began using the United States dollar and the South African Rand. We are on the right path as a country and you must support us in our endeavours to make Zimbabwe the number one investment destination in Africa."

Debswana taps into 39 million-tonne treasure chest

Mmegi: That would secure Jwaneng up to 2033." The tailings dump was originally slated to be established in 2008, before the global recession interfered in 2009. Plans to resuscitate the project in 2010 were subsequently set aside, with Debswana opting to focus on its existing operations.

Good networks necessary for coal market

Mmegi: "There is therefore need to make sure that our costs are at the minimum," he said. Scott believes that for the Botswana to fully meet its coal export potential which has been estimated at 60 million tonnes per annum (Mtpa) upgrading of the current infrastructure is critical.

Galane Gold acquires Botswana exploration assets

JOHANNESBURG (miningweekly.com) – TSX-V-quoted Galane Gold has completed the acquisition of Northern Lights Exploration (NLE), giving it control over prospective gold areas in the Tati Greenstone Belt, in Botswana.

“Completing the acquisition of NLE is a significant milestone for Galane. Combining the existing Galane exploration tenements with those of NLE means that the company has a combined area of more than 1 200 km2 and control of what we believe is all prospective ground for gold exploration on the Tati Greenstone Belt,” CEO Philip Condon said in a statement.

Glen Valley horticulture gets a boost

Mmegi: Stanbic Bank Botswana this week joined forces with the Local Enterprise Authority (LEA) in a bid to bolster the development of the nation's Small Medium Enterprises sector.


Said Stanbic Bank Head of SME, Keletso Setimela, "We hope this donation will go a long way towards assisting with the development of the SME sector and horticulture in particular. This contribution is also an investment in our country as it promotes economic diversification in the country. Through such investment, competent horticultural entrepreneurs are developed and the nation's horticultural import bill is reduced. In addition, jobs are created in the horticulture sub-sector and the country's agricultural GDP is raised. In light of these, Stanbic Bank looks forward to the beginning of a long and fruitful relationship with LEA." 

Research Report: Standard Chartered Bank Botswana Limited (STDBT)

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