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Discovery Metals Limited, was formed as Discovery Nickel Limited in ... northern Botswana to create shareholder wealth through discovery and ...

Mmamabula energy project delayed by months as engineering ...

TSX- and BSE-listed CIC Energy Corporation on Thursday further revised the schedule of its Mmamabula mega-project, in Botswana by about six months, owing to the strong demand for power plant builds, and prevailing engineering resource ...
Mining Weekly - Home - http://www.miningweekly.co.za

CIC Energy Provides Update on Mmamabula Energy Complex

Canada NewsWire (press release) - Toronto,Ontario,Canada
("CIC Energy" or the "Company") (TSX:ELC, BSE: CIC Energy) is pleased to provide an update on the Mmamabula Energy Complex in Botswana, Africa. ...
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Imara hails 'huge success' of Malawi bank privatisation.

THE REGIONALLY REPRESENTED Imara Holdings Limited has hailed the'huge success' of the final phase of the privatisation ofMalawi's NBS Bank Limited (NBS). .

Domestic Stocks Remain Resilient to US Crunch

AllAfrica.com - Washington,USA
An analyst at Capital Securities says this is partly because revenue sources for these companies are not likely to be affected by the sub-prime mortgage ...
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Kept in the dark

Soweto, South Africa
Other neighbouring energy supply sources include a coal power station in Botswana being built by Canada’s CIC Energy Group. Despite government’s commitment ...
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Botswana Insurance Holdings Limited - BIHL: Stock quote and news ...

Experian : RDC PROPERTIES LIMITED - AlacraStore.com

Company Profiles & Financials, Experian Company Profiles

Discovery Metals steps up drilling programme at Botswana project

London-listed miner reports 46% increase in Botswana copper resource. Aim-listed Discovery Metals Limited reported a further 46% increase in the total ...

Senegalese President Inaugurates Bank-Funded Project

Washington,USA
... such as the International Finance Corporation (SFI), PROPARCO, the West African Development Bank (BOAD) and the West African Banking Corporation (CBAO). ...
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22nd January 2008

Investec Botswana Buys 10% Stake in African Diamonds
By vetkasi(vetkasi)
Sierra Eye is an online aggregator of news and fact regarding Sierra Leone....
Agricultural Programmes - http://agriculturalprogrammes.blogspot.com/

Inflation To Hit 8.5% - Analyst
By Palapye.com
Botswana’s runaway inflation is expected to edge even further out of the central bank’s target range while the outlook remains bleak, according to an analyst with Investec Asset Management. Commenting after the publishing of inflation ...
Palapye.com News Blog - http://palapye.wordpress.com

Business next to grill Eskom

The Times - Johannesburg,Gauteng,South Africa
Energy sources in neighbouring countries include a coal-fired power station in Botswana being built by Canada’s CIC Energy Group. Despite the government’s ...
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Watchdogs hit Jefferson on ‘blood diamond’ trips

By Susan Crabtree

Posted: 01/23/08 12:01 AM [ET]

Rep. William Jefferson (D-La.), who is fighting a wide array of corruption and bribery charges, violated House ethics rules in failing to report three trips to Botswana aimed at convincing him to oppose limits on “blood diamond” imports into the U.S., according to ethics experts. Jefferson, whose name recently turned up in the prosecution of a former diamond executive in Botswana, took four trips to that country beginning with a 2001 trip sponsored by the Botswana Confederation of Commerce, Industry and Manpower in April 2001. Jefferson reported the trip, taken with his daughter Jelani, to the ethics panel, and estimated its costs at $20,753. But he never reported three subsequent visits to the country, which Botswana’s government argues were funded illegally. The Botswana government has charged Louis Garvas Nchindo, the former director of Debswana Diamond Co. Ltd., with illegally funding trips to Botswana, including the three Jefferson and his family took. The trips cost a total of $102,000, according to the Botswana charging documents obtained by The Associated Press. Nchindo pretended the trips were sanctioned by the Botswanan government as official business when they were really private trips benefiting Jefferson’s and Nchindo’s business interests, according to the Botswana government. At the time of the trips, Congress was debating whether to impose trade restrictions on African diamonds to try to filter out imports of “blood diamonds.” That term refers to the precious stones mined and sold in war-torn countries such as Sierra Leone, Angola and the Republic of the Congo that finance warlords’ atrocities. In 2001, Jefferson signed on as an original co-sponsor to the “Clean Diamonds Act” introduced by then-Rep. Tony Hall (D-Ohio). Hall’s bill would have banned the import of diamonds whose origin cannot be traced through a chain-of-custody system devised by the diamond industry. The system would have required that diamond imports be certified to ensure they are not blood diamonds. Jefferson dropped his sponsorship of the bill right before he left on a trip sponsored by the Botswana Confederation of Commerce, Industry and Manpower in April 2001. Because Jefferson took his name off the list of the Clean Diamond Act’s co-sponsors, it would be difficult for him to claim that the trips were only related to private business interests and did not require the filing of a disclosure form within 30 days of returning. Jefferson also did not list a previous business relationship with Debswana on his financial disclosure forms. “It’s unclear whether Jefferson qualifies for the personal business exception given that he didn’t seem to have a formal relationship with Debswana or to be employed by it,” said Tara Malloy, associate counsel at the Campaign Legal Center. Even if Jefferson regarded the trips as completely unrelated to his congressional duties, House ethics rules require all travel “resulting from outside activities that exceeds $260 in value in a calendar year” to be reported in annual financial disclosure statements. A review of Jefferson’s 2001 and 2002 financial disclosure forms found no mention of the trips. “A member of Congress is not allowed to keep private business dealings from the public,” said Public Citizen’s Craig Holman. “Disclosure is mandatory — no ifs, ands or buts.” Botswana and De Beers SA opposed Hall’s bill and formed the Debswana partnership to try to kill it. They argued the bill was too burdensome because it extended to all jewelry and even loose stones and that its deadlines for certifying that stones were not blood diamonds were too strict. When Jefferson, who sat on the Ways and Means trade subcommittee that would take up the bill first, returned from the initial Botswana trip, he told the New Orleans Times-Picayune that the Hall bill would interrupt the Botswana economy and make it difficult to carry out its programs to eradicate HIV and AIDS. “In Botswana, they are funding roads and health centers and schools with these diamonds and a big new effort to get rid of HIV and AIDS,” he said. “They can’t have their development interrupted while someone figures out whether the diamonds came from Botswana or Sierra Leone.”

22/01/2008 04:39

Botswana battles deadly strain of TB
Independent Online - Cape Town,South Africa
London - Botswana has announced two cases of extremely drug-resistant tuberculosis (XDR TB), reports the London-based Aidsmap organisation. ...
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South Africa faces electricity rationing
Telegraph.co.uk - United Kingdom
Eskom was forced to announce on Sunday that it had stopped supplying electricity to Zimbabwe, Botswana and Namibia because of shortages of power at home. ...
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Ghana: Abedi Advocates More Academies for the Development of Football

AllAfrica.com - Washington,USA
Abedi made these submissions when responding to a question at a news conference organised by Stanbic Bank following his completion of a seven-nation tour of ...
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Botswana: No Winner Announced

AllAfrica.com - Washington,USA
Standard Chartered Bank wishes to inform all its valued clients that contrary to an article published recently, in the local media, there has been no ...
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Hana Mining Appoints Project Manager for the Company's African ...

Web Services Journal - Montvale,NJ,USA
... Mining continues to rapidly advance all aspects of its operations and accelerate exploration at its Ghanzi Copper-Silver project in Botswana, Africa. ...
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Stockbrokers Botswana report. ...

source: Mmegi
BRIAN BENZA
STAFF WRITER

Liquidity seems to be improving on the Botswana Stock Exchange with increased volumes of shares being traded on the bourse. Coming out of the usually bearish fourth quarter where investors will be in the ’selling mood’, the amount of shares traded last stock market increased by over 800 percent to 3.5 million from around 384, 000 the previous week, according to a Stockbrokers Botswana report.

The increased activity on the bourse is attributed to the forthcoming company results for mostly large cap counters, and has seen investors scramble for certain stocks or dispose of stock or take cover.

“Most of the blue-chip counters have now entered their ‘closed periods’ and the improved liquidity may be an indication of the confidence or lack thereof of the expected financial results to be stock market during the first quarter of 2008.”
Among the blue-chip companies expected to report their results stock market the next three months include Barclays, Stanchart, Sefalana, Letshogo, BIHL and FNNB.

Last week, the DCI went down 0.28 percent, pulled by [continue reading]

Popular topics today: oscar nominations, weight view, rotten neighbor, academy award nominations, oscar nominees, prime rate, stock market ticker, mortgage rates, weightview.com, federal funds rate, buynowbe
Posted by Bill Murray at 9:33 AM

African index posted big gains, despite big risks

Globe and Mail - Canada
... of the fund is comprised of the Top 10 holdings, including Kenya-based East Africa Breweries Ltd. and Botswana-based First National Bank of Botswana. ...
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19th January 2008

DISCOVERY METALS LIMITED (DML) - ASX Listed Company Information ...
DISCOVERY METALS LIMITED (DML). Exploration for nickel and copper deposits in Botswana and Australia. On this page you will find: ...

Discovery Metals Limited - Drilling Report | Regulatory News ...
Notes to Editors Discovery Metals Limited, was formed as Discovery Nickel Limited ... They are also listed on the Australian and Botswana stock exchanges. ...

Business finance news - currency market news - online UK currency ...
Discovery Metals Limited, was formed as Discovery Nickel Limited in May 2003 ... in northern Botswana to create shareholder wealth through discovery and ...

CIC Energy commences coal-to-hydrocarbons project feasibility ...

18 January, 2008 in Botswana, Mining. source: Sunday Standard by Sunday Standard Reporter 15.01.2008 9:11:11 A. CIC Energy Corp, a TSX/BSE-listed company ...

Chobe Holdings Limited (CHO.BT): Earnings & Earnings Estimates

Review the latest Chobe Holdings Limited (CHO.BT) quarterly & annual earnings. Find earnings estimates, revenue estimates and other earnings data for your ...

Consultation key - Tati West MP

Republic of Botswana - Gaborone,Botswana
They said that ALDEP can only assist in purchasing cows going at P1 200 per head, yet in the local market prices go beyond P2 000. ...
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Kenya crisis hit local banking?

Republic of Botswana - Gaborone, Botswana
In fact he became a de facto customer during his days at the University of Botswana when Standard Chartered provided banking services for all students ...
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EURO Ressources SA Record Rosebel Royalty Revenue for 4th Quarter ...

WELT ONLINE - Germany: EURO Ressources SA (TSX:EUR) (Paris:EUR) reports that IAMGOLD Corporation advises that production of 83438 ounces of gold was achieved at the Rosebel gold ...
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Big investors smell fortune as small savers exit market

Nairobi, Kenya
One such fund is Imara Africa Opportunities Fund which says Kenyan investments constitute only 10 per cent of its portfolio and Investec Asset Management’s ...
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Abedi returns home with CAN trophy

Kofi AHOVI: Stanbic Bank has so far invested about US$3 million in the CAN 2008 for sponsorship and the trophy tour of some selected African countries is part of the sponsorship package.
Business Week Africa