Friday, 25 March 2011

BNPC perturbed by Botswana's work ethic

Mmegi

Botswana's Economy to Grow 10-12% This Year, Mohohlo Says

Botswana's economy may expand by 10 percent to 12 percent this year on a recovery in world diamond demand, said Linah Mohohlo, the governor of the country's central bank.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/03/23/bloomberg1376-LII5T36TTDSA01-0R5L81BDJ999H4BNL11IVELFHI.DTL#ixzz1HbwFQ9FY

GIA Offers Diamond Grading Classes in Gaborone

The Gemological Institute of America (GIA) will offer diamond grading lab classes in Gaborone, Botswana, in April and again in September. These classes offer a practical, hands-on approach to learning and are designed to help students in Botswana increase chances for employment and career development within the diamond production industry.

Saturday, 19 March 2011

Gold EFT: Is gold about to be crushed?

MSN Money

What's ahead for the stock market

Events in Japan, Libya and Bahrain will certainly continue to affect markets. Investors will also pay close attention to quarterly results from Tiffany, General Mills, Best Buy, Oracle and Research In Motion.

Thursday, 10 March 2011

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Monday, 7 March 2011

Tacy LTD - BOTSWANA'S JANUARY DIAMOND EXPORTS UP 40%

Botswana saw a 40 percent increase in the value of its January diamond exports, which totaled US$354.3 million, compared to the same month last year. According to statistics published by the Bank of Botswana, the country's January 2011 exports also rose 136.8 percent over the previous month.

In 2010, the country exported US$3.2 billion worth of diamonds, a 45 percent increase over 2009 exports.

The bank's figures are sourced from the Central Statistics Office, the Diamond Trading Company Botswana, and two of 16 diamond manufacturers operating in Gaborone.

Saturday, 29 January 2011

Thursday, 13 January 2011

De Beers Botswana Managing Director `Stable' After Attack by Lion on Farm

Bloomberg

Botswana Expects Fuel Shortage Until March, Energy Ministry Says

BusinessWeek: "Botswana is experiencing a shortage of fuel that will probably continue until March, the Ministry of Minerals, Energy and Water Affairs said.

The situation is being managed and won’t affect economic output, the Gaborone-based ministry said in e-mailed statement today. The government is trying to import fuel from Namibia and Mozambique because of disruptions in supplies from South Africa and has released a total 17.4 million liters (4.6 million gallons) from its stocks, it said.
“The supply shortage is likely to continue up to March 2011, and the government will continue to work diligently with the oil industry to manage the situation in order to avoid any interruptions to the economy,” the ministry said."

Mining sector forecast to grow 8 percent

Mmegi: "Botswana's mining sector is forecast to grow by an average eight percent between now and 2015 with investments in new projects underpinning the growth, analysts predict."

Pula slid against the Rand

Botswana Gazette

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